John Wall Signs 25Million dollar Deal with Reebok

John Wall, the 19-year-old Kentucky guard and anticipated No. 1 NBA draft pick in late June, has signed a multi-million dollar endorsement deal with Reebok, according to Yahoo Sports and Wall's twitter account.

The package is reportedly worth $25 million over five years and was negotiated by Wall’s reps Dan Fegan of Lagardere Unlimited and Brian Clifton of Pindar Enterprises. Reebok apparently offered a better deal than Nike and Under Armour.

The deal surpasses recent industry standards for athlete endorsements in a downturned economy. Blake Griffin, last year’s No. 1 pick, signed with Nike for $400,000 a year.

The Washington Wizards, who are slated to announce new owner Ted Leonsis this afternoon, won the NBA draft lottery and have the top pick on June 24th and are expected to take Wall.