Congratulations to Mr. Li! Lakers' new star new identity exposed: Reaves officially announced that he had obtained equity to become the owner of a Chinese brand
On December 5, Beijing time, congratulations, the Lakers' 25-year-old rising star Reaves has been promoted to the owner, Reaves and the Chinese sports brand Quasi-Reeves re-negotiated the contract, Reaves not only received a million endorsement fees, but also officially became a shareholder of the brand.
In April 2022, Reeves and the prospect reached a multi-year endorsement contract, and now on the occasion of the launch of Reeves' signature shoe, Milky Way, Reeves and the prospect have renegotiated and reached a new contract, according to Nick DePaula, Reeves not only received more than 7 figures a year in endorsement fees, but also acquired equity, Reeves has become a major shareholder in the company.
Reeves Officially Announces Contract Extension and Declares: I am pleased to announce that I have renewed my contract with Prospect as a shareholder of the company, which means a lot to me and my vision of making high-performance basketball shoes accessible to all.
I'm going to be celebrating this milestone with the launch of the Rigorer AR1 "Milky Way" color with the company, and it's one of my favorite colors that I can't wait for you to see.
This offseason, Reaves and the Lakers reached a four-year, $54 million contract extension, with an average annual salary of more than $13 million;
Reaves, 25, has played in 21 games for the Lakers so far this season, averaging 13.7 points, 4.7 rebounds, 4.74 assists and 1 steal per game.