Andrew Wiggins has signed a multiyear deal with Adidas, the shoe giant announced on Wednesday. Wiggins' deal is believed to be five years and worth about $13 million, according to various national reports.
Wiggins is the first top overall pick to select Adidas since Derrick Rose in 2008.
Wiggins' deal is far less than the $180 million figure he was rumored to command last fall, but it's a victory for a shoe company that historically has been crushed by Nike. Adidas' top client, Rose, has suffered injuries two of the past three seasons and the company was perhaps looking for a new face.
Wiggins and the Cavaliers are in Las Vegas preparing for summer league, which opens Friday.
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