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LeBron James' Nike deal may be worth more than $1B

LeBron James' Nike endorsement deal could be worth $1B
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LeBron James' Nike endorsement deal could be worth $1B

LeBron James may not have any money troubles once his playing days finish. 

The 31-year-old NBA superstar's business manager Maverick Carter suggested in a Tuesday GQ Style story that James' lifetime Nike endorsement deal may top $1 billion. Asked about rapper Kanye West's contention that the agreement was worth $1 billion, Carter "(smiled) and (pointed) one finger skyward."

"It's a fantastic deal. Nike feels great about the deal. That's the most important thing. As great as I feel, as great as LeBron feels—Nike feels fantastic about it. It's the largest deal in the history of the company. Their hope is he makes even more. And our hope is that, too, obviously," Carter told the magazine. 

LeBron James
Nike signs LeBron James to lifetime deal

Nike announced the unprecedented deal with James, the four-time league Most Valuable Player, in December. He initially signed with the sportswear giant out of high school in 2003 for a reported $90 million. 

It has not publicly disclosed terms of the most recent agreement. 

James and the Cleveland Cavaliers play the Toronto Raptors in Game 1 of the Eastern Conference finals Tuesday night. 

Read the full GQ Style report here.