What happened: The agreement replaces a Nike contract that had been due to expire in October. It comes after Wembanyama completed his third NBA season.
Why it matters: The signature line gives Nike a product built around Wembanyama's name. The endorsement follows his five-year, $252 million NBA extension.
By the numbers: Three NBA seasons: one Finals run, one MVP-finalist season and one Defensive Player of the Year award.
What to watch: Nike's rollout schedule and the shoe line's launch date are next.