Stephen Curry Signs $400 Million Deal With Li-Ning After Under Armour Exit

Stephen Curry is entering a new phase of his business career with a massive endorsement deal that could redefine his global influence. The Golden State Warriors superstar has signed a reported $400 million, 10-year contract with Chinese sportswear company Li-Ning, marking one of the biggest apparel partnerships in basketball.

The move comes months after Curry ended his long-running relationship with Under Armour, signaling a strategic shift toward international markets and long-term brand building beyond his playing career.

A Landmark Deal That Rivals Career Earnings

The scale of Curry’s new agreement is significant even by NBA standards. The $400 million deal nearly matches his total on-court earnings, which have surpassed $470 million since entering the league in 2009. With one season still remaining on his current contract, where he is set to earn over $62 million, Curry’s off-court income continues to rival his performance on the court.

According to Celebrity Net Worth, the deal positions Curry among the highest-earning athletes globally when combining salary and endorsements. It also reflects how elite players are increasingly leveraging their influence to build long-term business ventures rather than relying solely on team contracts.

Stephen Curry continues to expand his global brand with a new $400 million deal

Why Curry Chose Li-Ning Over Other Offers

Curry’s decision to partner with Li-Ning reportedly came down to more than just financial incentives. Comfort and performance played a key role in his choice, as he tested footwear used by other NBA players associated with the brand.

Players like Dwyane Wade and Jimmy Butler have previously worked with Li-Ning, giving Curry insight into the brand’s product quality. Reports indicate that Curry felt the shoes aligned better with his playing style, which ultimately influenced his decision.

The deal also gives Curry greater creative and business control. In addition to launching signature footwear, the agreement includes a broader range of products such as basketball gear, lifestyle apparel, and even a golf line. Notably, Curry will also have the ability to sign other athletes under his brand, expanding his influence beyond his personal endorsements.

Expanding Into the Global Market

One of the biggest advantages of the partnership is access to China’s massive consumer base. As one of the world’s largest basketball markets, China offers significant growth potential for athlete-driven brands. By aligning with Li-Ning, Curry gains a stronger foothold in a region where basketball culture continues to thrive.

This move mirrors a broader trend among athletes seeking to expand their reach internationally. While Curry has already established himself as a global icon through his on-court success, this deal allows him to build a more direct connection with overseas audiences. It also positions him to remain relevant in the business world long after his playing career ends.

Controversy Surrounding the Partnership

Despite the financial and strategic benefits, the deal is not without controversy. Li-Ning has faced scrutiny from the U.S. government and human rights organizations over allegations related to forced labor in its supply chain. These concerns have led to restrictions on certain products in the United States, which could impact the availability of Curry-branded merchandise domestically.

This aspect of the partnership adds complexity to what would otherwise be a straightforward business move. While Curry’s global ambitions are clear, the situation raises questions about how the brand will navigate regulatory and ethical challenges moving forward.