Nike has reportedly signed Markelle Fultz, the projected number one pick in this year’s National Basketball Association (NBA) Draft, to an endorsement deal.
The former University of Washington guard, 19, announced his new partnership on Twitter on Friday, although it has yet to be formally confirmed by Nike.
While financial terms of the contract are unlikely to be revealed, Adrian Wojnarowski of The Vertical reports that it will run for a multi-year period.
After a stellar year with the Washington Huskies, Fultz is the bookies’ favourite to be selected first in Thursday’s NBA Draft in Brooklyn, where the Philadelphia 76ers will be given first dibs for the second straight year having reached a trade arrangement with the Boston Celtics.
Fultz is understood to be the first member of the 2017 Draft class to sign with Nike, which also has deals with the previous two top picks, Ben Simmons and Karl-Anthony Towns.
Nike is set to take over from Adidas as the NBA's official uniform provider next season thanks to a billion-dollar deal confirmed in 2015.