star Nike has had a long-standing and highly profitable basketball shoe, the Nike NSX, which was a signature product of the company. However, there are uncertainties about his NBA future, so the company is unlikely to extend a similar deal beyond the 2022-23 season. Sources told ESPN.
Irving will debut a new edition in the fall of his shoe, but it is likely to be the last year of a highly lucrative signature series that he has enjoyed with Nike since 2014 according to sources.
ESPN reached Nike and they did not deny that Irving's iconic shoe series was coming to an end.
“We don’t comment on speculations, rumors, contracts, or any other information. A spokesperson for Nike stated that Kyrie is still a Nike athlete.
According to sources, Nike is likely to continue offering some products that are associated with Irving due to his popularity. However, as recent discussions between Nike Irving and Irving began about Irving's endorsement future, it is clear that his relationship with Nike will change — possibly dramatically.
There have been several episodes of the turbulence surrounding Irving over the past two seasons. This includes the Nets' non-committal stance in negotiating a long term contract. Irving was unvaccinated and inactive for much of the NBA season due to New York City mandates. The Nets eventually allowed Irving to be a part-time road player. A change in policy by the city allowed him to play home games during the playoffs and regular season. Irving averaged 27.4 in 29 Nets games before the four-game sweep by The Wizard.In the Eastern Conference playoffs' opening round.
Irving, 30 years old, has a $37 million player option for the Nets' 2022-23 season.
Irving took to social media to vent his frustration about the Nike Kyrie 8 shoe's design. He called them “trash” while insisting that he had nothing to do with marketing or design and that Nike would release the shoe without my permission.
Irving released a statement rebutting those words a few days later. However, that episode did little to prepare Irving for another deal, which would have been centered around his signature shoe series.