The Under Armour wins keep piling in for Stephen Curry.
HYPEBEAST reports that on April 3, the Golden State Warriors star received restricted stock units for 8,823,530 shares of its Classic C common stock — bringing in a value of $75 million.
The outlet details that the award is set for two equal installments on Sept. 30, 2029, and Sept. 30, 2034. What’s more, it was presented to the WSC and AC Family Revocable Trust.
The stock grant comes on the heels of Curry not only being appointed as president of the Curry Brand for its expansion but also securing a life-changing deal.
As previously reported by AfroTech, the 35-year-old signed a long-term extension with Under Armour that will exceed when he officially hangs up his jersey and heads into retirement. In addition, the potential “lifetime deal” is said to “be one of the richest-ever endorsement deals in sports once annual base pay, stock equity, royalties on signature products and on-court incentive bonuses are tallied.”
“We started with the signature business, and with the opportunity to deepen the partnership, with an expectation of it going past my playing days, and the added investment in the great things that we both bring to the table, it’s an exciting time to strengthen that partnership,” Curry said, according to ESPN. “We understand that it’s a mutually beneficial venture to do some great things, build a great roster, build more scale to the business and create great storytelling.”
The growth potential from the Under Armour deal could bring in more earnings than his NBA contracts, which comes in at over $473 million through the 2025-26 season.
“There’s always been a continuation [in mind] with Stephen,” Under Armour founder Kevin Plank said, at the time of the announcement in March. “I couldn’t imagine Under Armour without Stephen, or Stephen without Under Armour.”
