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Tracy McGrady

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Former NBA Player Tracy McGrady Recalls How He Spent His First Paycheck From His $12M adidas Deal

At just 18-years-old, former NBA superstar Tracy McGrady had already signed an adidas deal before even stepping foot into the league.

Samantha Dorisca

Dec 13, 2022

'I Deserve Better' — After Signing A $12M Deal With adidas Straight Out Of High School, Tracy McGrady Could Soon Make His Exit

In 1997, Tracy McGrady was among the top NBA recruits entering the draft. Coming straight out of North Carolina’s Mt. Zion Christian Academy, the 18-year-old athlete initially dreamed of playing college basketball before entering the draft. However, a massive endorsement deal changed the game. Before his plans to join the University of Kentucky team, McGrady was offered a six-year, $12 million shoe endorsement deal with adidas. “Tracy McGrady has never played a college game, but the 18-year-old basketball star is making a $12 million leap into the big leagues. The money is coming, not from an NBA team, but from Adidas,” AP News reported on June 19, 1997. Over two decades later, the agreement between McGrady and the popular shoe company could end.

Josh Rodgers

Jul 15, 2022

Tracy McGrady Backs His Startup With $10M After Always Investing In Others' Ideas But Says Not Once Did He 'Ever Trust' His

Tracy McGrady’s new business venture aims to bring a refreshing new addition to basketball. CNBC reports that the NBA legend is investing $10 million into Ones Basketball League (OBL) — his one-on-one basketball startup.

Ngozi Nwanji

May 31, 2022