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Durant signs 7-year, $60 million endorsement deal with Nike

Updated: July 18, 2007, 10:45 PM ET
ESPN.com news services

BEAVERTON, Ore. -- Kevin Durant signed a seven-year, $60 million endorsement deal with Nike that includes a $10 million signing bonus, the second-largest rookie deal in basketball.

Nike and Durant's agent's office confirmed Wednesday the deal had been reached.

"We are very pleased to have Kevin as a part of the Nike Basketball family," said Craig Zanon, vice president and general manager of global basketball. "Kevin is an amazing talent on the court and a quality person ...

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