Kristaps Porzingis, Adidas Reportedly Agree to Multiyear Contract

Rob Goldberg@TheRobGoldbergFeatured ColumnistOctober 6, 2016

LOS ANGELES, CA - MARCH 11: Kristaps Porzingis #6 of the New York Knicks looks to make a pass play against the Los Angeles Clippers during the NBA game at Staples Center on March 11, 2016 in Los Angeles, California. The Clippers defeated the Knicks 101-94. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Victor Decolongon/Getty Images)
Victor Decolongon/Getty Images

Kristaps Porzingis is set to cash in on an outstanding rookie season with the New York Knicks.

The 21-year-old forward has agreed to a multiyear endorsement deal with Adidas, according to a Wednesday report from Nick DePaula of The Vertical. He will reportedly make between $3 million and $6 million per year as part of the largest shoe deal ever for a European player.

Nike, which sponsored Porzingis last season, has the right to match Adidas' offer.

The Latvian star averaged 14.3 points and 7.3 rebounds per game during his 2015-16 rookie campaign.

While the No. 4 overall pick was met with mixed reactions on draft night, the 7'3" forward exceeded expectations on the court while earning a spot on the NBA All-Rookie Team.

Perhaps his most notable endorsement came from 2013-14 MVP Kevin Durant ahead of a January matchup between the Knicks and Oklahoma City Thunder.

"He can shoot. He can make the right plays. He can defend. He's a 7-footer that can shoot all the way out to the three-point line," Durant said, per Royce Young of ESPN.com. "That's rare. And block shotsthat's like a unicorn in this league."

Porzingis' strong play and unique skill set led to plenty of popularity both in New York and nationally. According to ESPN.com's Darren Rovell, Porzingis had the fourth-highest-selling jersey in the NBA behind only Stephen Curry, Kobe Bryant and LeBron James.

It's no surprise Adidas is trying to take advantage of a young player on the rise by locking him into a sponsorship deal for the long term. New teammate Derrick Rose is also one of the company's biggest endorsers.      

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