No. 1 overall pick Andrew Wiggins of the Cleveland Cavaliers and No. 5 pick Dante Exum of the Utah Jazz also recently signed with the company, giving adidas deals with four of the top six picks in the 2014 NBA draft.
According to ESPN's Jeff Goodman, Wiggins's deal is worth $8 million over four years, while Embiid's is worth $1.5 million. Smart's contract with the company is worth $1.2 million over the same period. No figure was given for Exum.
From adidas's press release, via ProBasketballTalk.com:
“I couldn’t be happier to make it official, I am now a member of the adidas family,” said Marcus Smart.
“adidas is a brand I’ve always admired, I’m very happy to join their team as I start my NBA career,” said Joel Embiid.
Embiid, who spent one year playing for Kansas, slid slightly to No. 3 overall in the NBA draft over injury concerns. Smart was taken No. 6 overall after playing two seasons at Oklahoma State.
Notable current NBA players that have endorsement deals with adidas include Damian Lillard of the Trail Blazers, John Wall of the Wizards, Dwight Howard of the Rockets, and Derrick Rose and Joakim Noah of the Bulls.
- Ben Estes