Tony Parker leaves Nike to endorse Chinese-based ‘Peak’

The exodus of NBA superstars to Chinese sneaker companies is continuing.  Only months after Miami Heat guard Dwyane Wade left the Team Jordan/Jumpman brand to sign an endorsement deal with Chinese-based Li-Ning, Spurs guard Tony Parker has decided to also trade in his Nike’s for a Chinese brand, Peak.

The move to Peak is an upgrade for Parker, bringing him as much as $4 million dollars a year annually.  Parker was only receiving a little over $1 million dollars a year with his Nike deal.

Peak’s deal with Parker continues to expand the company’s NBA footprint,  just weeks ago the company signed a partnership deal with the NBA’s Toronto Raptors.

The company also has signed multiple endorsement deals with other NBA players including the Miami Heat’s Shane Battier and the Denver Nuggets JaVale McGee.