Andrew Wiggins has reached a deal with Adidas on a shoe and apparel deal.
ESPN's Darren Rovell, however, reports that the deal comes with a guarantee of at least $2 million annually.
Marc J. Spears of Yahoo! Sports previously reported the contract as being worth close to $100 million over 10 years, but that Tweet was subsequently deleted. Spears later reported that it is a five-year deal worth approximately $12 million to $13 million.
Wiggins played one season at Kansas, which is an Adidas school.
Wiggins joins Dwight Howard, Derrick Rose, Damian Lillard, John Wall, Tim Duncan, Joakim Noah and Candace Parker as their primary endorsers in basketball.