LeBron James Signed Nike Deal for Money Not Michael Jordan

In this story:
Wednesday was quite the day for Los Angeles Lakers forward LeBron James. The league's all-time leading scorer set social media ablaze with an hour's worth of viral content on ESPN's Pat McAfee show and then hit a game-winner over the Indiana Pacers.
While fans and media alike are still unpacking everything James said during his interview with McAfee, one interesting story immediately grabbed the attention of sneakerheads.
When distancing himself from ESPN reporter Brian Windhorst, James furiously refuted the idea that he signed with Nike because of Michael Jordan.
Instead, James provided an expletive-laden story for his first sneaker deal in 2003. Below is a clip of the video from the official Pat McAfee social media account.
“I do wear number 23 because of Michael Jordan..
— Pat McAfee (@PatMcAfeeShow) March 26, 2025
I signed with Nike because I got a hell of a signing bonus and moved my mom outta the hood the day after I signed that contract..
I also wanted to wear Nike off the court” @KingJames #PMSLive pic.twitter.com/BNyQ8Lfhpu
James paraphrased Windhrorst's comments from his February 28th edition of ESPN's First Take, "'He signed with Nike because of Michael Jordan.' Like, no the f*** I didn't."
James explained, "I signed with Nike because I got a hell of a signing bonus, and they gave me a seven-year, $90 million contract, and I moved my mom out of the hood the next day I signed that contract."
This is not the first time this year that James has discussed the meetings he had with sneaker brands before signing his first contract.
Brian Windhorst on Lebron James
— NBA Retweet (@RTNBA) February 28, 2025
"He chose to wear 23. He also said I never asked to be the face of the league. Of course he asked to be the face of the league. He signed a $90 million Nike contract. Why? Because of Jordan" 👀
h/t @ohnohedidnt24
pic.twitter.com/tXhonpL7SV
In January, James appeared on New Heights with Jason & Travis Kelce and recounted turning down a $10 million check from Reebok that was contingent on his not meeting with any other companies.
James eventually signed a 7-year, $87 million signature sneaker deal with Nike in May 2003. Reebok reportedly offered $115 million, while adidas offered less than $60 million.
In 2015, James signed a historic lifetime contract with Nike worth approximately $1 billion. The Nike LeBron signature line has had 22 installments and spun off multiple other lines, even expanding into football cleats.
Something tells us that this story is far from over. Stay locked into Sports Illustrated's Kicks On SI for all your footwear news from the NBA and beyond.
More Sneakers News
Bronny James wore unreleased Nike Kobe sneakers during his breakout NBA G League game.
The adidas Anthony Edwards 1 Low "3SSB" arrives before Easter.
JuJu Watkins' player-exclusive Nike basketball shoes drop before next season.
Nike cancels Charles Barkley's upcoming sneaker release.
Phoenix Suns fans love the new Nike KD 18 "El Valle" colorway.

Pat Benson covers the sneaker industry for Kicks On Sports Illustrated. As a leading voice in footwear journalism, he breaks news, spotlights important stories, and interviews the biggest names in sports. Previously, Pat has reported on the NBA and authored "Kobe Bryant's Sneaker History (1996-2020)." You can email him at 1989patbenson@gmail.com.
Follow Pat_Benson_Jr