NBA star Anthony Edwards signs $50m extension with Adidas

Minnesota Timberwolves superstar Anthony Edwards has signed a multiyear extension with sneaker brand Adidas that is worth around $50 million, The Athletic reported Wednesday.

Edwards has been with Adidas since entering the NBA in 2020. His first shoe, the AE1, was released in November 2023 and became a best-seller, per the reports.

Edwards signed a five-year maximum extension with the Timberwolves last year worth more than $200 million with another $45 million available in incentives.

Just 22, Edwards is a two-time All-Star and an All-NBA selection this past season. He is a member of Team USA and competing in this summer's Olympics in Paris.

He averaged a career-best 25.9 points per game in 2023-24 to go with 5.4 rebounds and 5.1 assists per game.

He's averaging 22.9 points, 5.2 points and 4.1 assists per game since being selected No. 1 overall in the 2020 draft.