November 06, 2014
Nike signs on as official sponsor for Kevin Durant

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Sept. 2 (Bloomberg) -- National Basketball Associationscoring champion Kevin Durant re-signed as a Nike Inc. endorserwith a contract worth $300 million over 10 years after spurningan offer from Under Armour Inc., according to a person familiarwith the negotiations who requested anonymity because Nike hadnot yet announced the deal.
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