USA: Adidas Signs McGrady In Lifetime Deal
Under a new deal signed with Adidas, Orlando Magic superstar Tracy McGrady will receive royalties from every pair of shoes and sports clothing sold under his name for the rest of his life. Financial terms of the agreement with the German sports apparel company were not released. McGrady's original deal with Adidas ran for six years and was worth $12 million - and was scheduled to expire in December.