Andrew Wiggins has signed a multi-year deal with adidas, the shoe giant announced on Wednesday. Wiggins’ deal is believed to be five years and worth about $13 million, according to various national reports.
Wiggins is the first top overall pick to select adidas since Derrick Rose in 2008. Kyrie Irving signed with Nike in 2011.
Wiggins' deal is far less than the $180 million figure he was rumored to command last fall, but it's a victory for a shoe company that historically has been crushed by Nike. adidas' top client, Derrick Rose, has suffered crippling injuries each of the last two seasons and the company was perhaps looking for a new face. They found one in Wiggins.
Wiggins and the Cavaliers are in Las Vegas preparing for summer league, which opens Friday.