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REPORT: Kawhi Leonard Turned Down 4-Year, $20 Million Extension From Jordan Brand

Talks between Kawhi Leonard and Jordan Brand have reportedly stalled as Leonard has declined a 4-year, $20 million extension with Jumpman. Leonard, who has appeared in just nine games this season, has reportedly been at odds with the Spurs front office about the rehab for his quad injury and has also been rumored to want out of San Antonio.

With his uncle taking over as his business manager, it seems that they are making it a point to get the most out of his current status in the league. The two-time DPOY currently earns less than $500,000 annually on his deal with Jordan Brand, but according to ESPN has turned down a much bigger contract extension.

Jordan Brand, which is a division of Nike, and Leonard’s representatives came “very close” to completion on a new four-year extension worth more than $20 million. But discussions broke down abruptly because representatives for Leonard didn’t feel that the new deal reflected the forward’s accomplishments and standing within the league, sources said.

A two-time Defensive Player of the Year, two-time All-NBA first team selection and Finals MVP, Leonard earns less than $500,000 per year in his current endorsement contract with Jordan Brand, which is worth significantly less than the deal currently on the table from the shoe company.

It’s unclear whether Leonard intends to leave Jordan Brand when his contract expires on Oct. 1, but a source close to the situation said the shoe company owns the right to match any competing offers. Once the brand’s exclusive negotiating window closes in July, Leonard and his representatives can start fielding potential new offers from other companies. Pitches are typically held in late August and early September, as players historically look to resolve shoe deals before the start of training camp in late September. Jordan Brand would have 10 business days to match any competing offer sheet signed by the forward.

There are no current talks between Jordan Brand and Leonard’s representatives, sources said.

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