Tuesday, May 04, 2004
The Telfair Kid
Sebastian was never expected at Louisville; his entry into the NBA Draft was very much expected.But what surprised me was the size of his sneaker deal:
Sources told ESPN.com that Telfair's multiyear adidas deal will be worth between $1 million and $2 million annually, depending on his reaching incentives in his contract. The company signed both Kobe Bryant and Tracy McGrady to deals worth $2 million per year in 1996 and 1997, respectively.
Telfair's deal will remind all the early entrants of the value of an agent. How many potential first rounders do you expect to call their agents (or family members) today and inquire about a similar deal?
