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.
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.
Current deal does not include an offer of a signature shoe.
Nike has launched signature shoes for more than 21 NBA stars in its history, while Jordan Brand has been far more selective. Only Carmelo Anthony, Chris Paul, Dwyane Wade and Westbrook have received a Jordan signature shoe to date.
James makes the most per year, on a lifetime deal.
http://www.espn.com/nba/story/_/id/22640451/kawhi-leonard-talks-jordan-brand-new-shoe-deal-stalled-sources-say