Under Armor Inc. He secured a $75 million stake in Stephen Curry, quarterback of the “Golden State Warriors” basketball team. www.
Under Armor said the share transfer was “partial compensation” for a recent deal with Curry, which saw him continue to serve as the company’s brand ambassador while spearheading his signature Curry product line.
The Curry brand sells shoes and apparel for basketball, training, and golf, but the company now plans to expand into both new and existing categories.
The basketball player said: “If the last 10 years have shown me anything, it’s that Under Armor and I can create great things together. It’s all about influencing athletes and creating products that work with them and resonate with them, and Under Armor does that best. We’ve made a bet and I’m ready to take the next step together.”
Formerly socialbites.ca reportedThat Michael Jordan’s house was burgled by an 18-year-old American.