Austin Reaves secures huge deal to become Rigorer shareholder
Los Angeles Lakers guard Austin Reaves may be struggling a bit to start this season, but there is still little doubt that he is a rising stud in the NBA. He’s averaging 13.7 points a game following a revelatory 2022-23 campaign and a very strong run with Team USA in the FIBA World Cup this past summer.
One affirmation that he has arrived as a difference-maker came months ago when he got his own signature sneaker from Rigorer, a China-based company.
Apparently, it sold so well that Reaves has now reportedly received a seven-figure deal from Rigorer that will also make him a shareholder in the company.
BREAKING: Austin Reaves has signed a signature shoe deal extension with Rigorer. 📄✍️
Deal is worth 7 figures per year, and also includes annual equity grants that makes Reaves a substantial shareholder of the overall Rigorer company. pic.twitter.com/5AFFQCoHkq
— Nick DePaula (@NickDePaula) December 4, 2023
At the same time, Rigorer is set to release a new version of Reaves’ signature shoe. It features a new colorway known as “Milky Way” that is predominantly purple, not unlike the purple that graces the Lakers’ uniforms.
Austin Reaves and Chinese basketball brand Rigorer have announced a new contract extension, per @TomerAzarly. He will also become a shareholder of the company.
Reaves and Rigorer are introducing the 'Milky Way' colorway to celebrate, available exclusively on @kickscrew,… pic.twitter.com/rKGBYXSsiF
— ClutchPoints (@ClutchPoints) December 4, 2023
These new kicks are scheduled to drop on Dec. 8. When the release occurs, Reaves and his team could be hours away from playing for the first-ever NBA Cup in Las Vegas.
