![]() ![]() Last month, Under Armour said it expected to make $5 billion in revenue in 2016. ![]() The brand also counts NFL MVP Cam Newton of the Carolina Panthers and NHL MVP Montreal goaltender Carey Price as endorsers, along with New England Patriots quarterback Tom Brady, Los Angeles Dodgers pitcher Clayton Kershaw, San Francisco Giants catcher Buster Posey and Olympic swimmer Michael Phelps. It has Golden State Warriors guard and reigning NBA MVP Stephen Curry signed through 2024 and PGA Tour Player of the Year Jordan Spieth under contract through 2025. In 2015, at age 23, he became the youngest player to unanimously win an MVP award.īy retaining Harper, Under Armour continues its hold on recent MVP endorsers. He made it to the big leagues a year later.Īt age 19, Harper became the youngest player to be selected to the All-Star Game and went on to win National League Rookie of the Year. At the time the brand signed him, he was playing on the team's Class A affiliate. So, what’s it like when money of that level hits Harper’s next contract is expected to be north of Giancarlo Stanton’s 325 million. Under Armour signed Harper in April 2011, 10 months after the Nationals made him the first overall pick in the Major League Baseball draft. In the case of Bryce Harper, the world is about to change for generations of Harpers once he finally signs a new contract. The company previously sold shirts with a phrase Harper filed to trademark - "That's A Clown Question, Bro." Harper abandoned his pursuit of that trademark in 2014. The brand, which has had Harper as an endorser for five years, will begin selling Harper's first signature cleat, the Under Armour Harper One, in July. Under Armour announced earlier Tuesday that Harper signed a multiyear extension but said that terms, including the length of the deal and compensation, would not be disclosed. There was talk all offseason that Harper passed up a 10-year, $300 million offer from the Washington Nationals.Washington Nationals star Bryce Harper has signed a 10-year extension with Under Armour that is believed to be the largest endorsement deal in history for a baseball player, a source with knowledge of the deal told ESPN. He’s only getting around $25 million in average annual value, but the long-term security apparently was too much to pass up.ģ) His reported $300 million offer from the Nationals was not what it seemed That’s the same logic that led Manny Machado to pick the Padres over the White Sox’s offer. Harper chose the full guaranteed amount - the most long-term security - over the greater amount in the short-run. Keep in mind, just because he has a no-trade clause does not mean he won’t ever be dealt it just means he has to be consulted first and approve a trade before it happens.Ģ) He could have made $45 million in average annual value on a shorter-term dealĪccording to a tweet from the New York Post’s Joel Sherman, agent Scott Boras said Harper received offers that included $45 million in average annual values on short-term deals. The no deferred money is also key - that means he will receive all $330 million in the 13 years, making that money more valuable in present dollars (due to inflation) than if he were paid part of that money beyond the length of his contract. Harper showed that he wanted long-term security and the confidence of knowing he would be playing for one team. As a free agent during the 201819 offseason, he signed a 13-year, 330 million contract with the Phillies, the richest contract in the history of North. Harper’s deal includes a no-trade clause, no opt-outs, and no deferred money. We’ve picked out some extremely interesting details that may have been overlooked.ġ) Harper’s deal comes with the “Three Nos” Though the deal has now been completed, that does not mean there isn’t plenty of analysis to be done. I think it’s a great deal for the Phillies and that Harper will crush for them. An anonymous MLB GM spoke on Bryce Harper s looming free agency, and whoever it was, they hinted at the possibility of a 500 million offer for the Nationals outfielder. His 13-year, 330 million deal is the largest. There has been a mixed reaction to the deal, with many people freaking out over the length of the contract. Harper covered a ton of topics, including his new team becoming a World Series contender, switching numbers to his massive, record-breaking contract. The contract is a record-setter - the $330 million is the most guaranteed money ever for an MLB player. Bryce Harper’s free agency has finally ended with the former NL MVP signing a 13-year, $330 million deal with the Philadelphia Phillies. ![]()
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