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Basketball News

Austin Reaves becomes a shareholder of his equipment manufacturer

After Kyrie Irving or Stephen Curry, it's the turn ofAustin Reaves to go beyond the framework of a simple contract with its equipment supplier. In an interview given to The Athleticthe Lakers winger reveals that his agents have already negotiated an extension of his contract with the Chinese brand Rigorer, and Reaves is now a co-owner.

Friday, this same Reaves had unveiled two new colors of the AR1and as he explains to Shams Charania, he still can't believe he has his own signature shoe.

“I am proud to continue this partnership with Rigorer”confides the discovery of the Lakers. “The team is incredible and we have developed a shoe that I am proud to put my name on, that represents both high performance and affordability. The team welcomed me like family and I will always be grateful to them for believing in me at this early stage of my career. »

Negotiated by his agents Aaron Reilly and Reggie Berry of the AMR agency, this contract will bring him more than a million dollars per year, to which must be added a commission on sales.

“We are very pleased that Austin will become a shareholder of Rigorer as part of this extension,” reacted Lin Chenyao, the founder of the brand. “This shows the long-term commitment of both parties to continue to develop and grow this business. Austin will be heavily involved in the product development process to help create quality products for basketball players around the world. We look forward to continuing to build our company philosophy of “gamers for gamers” together. »Rigor A1

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