Maverick Carter did not reveal any detailed information on the monetary amount.

A recent interview with GQ revealed that LeBron James’s agent, Maverick Carter, hinted that the shoe agreement that the player has with Nike could be worth more than one billion dollars.

GQ exerted a great deal of pressure on Carter to reveal the value of the transaction; however, Carter never provided a precise monetary sum. Instead of responding to the interviewer’s question about whether or not Kanye West’s statement that the transaction was for one billion dollars was accurate, Carter simply grinned and pointed skyward.

Carter responded to GQ by saying, “It’s a fantastic deal.” When it comes to the contract, Nike is really happy. That is the most essential aspect to consider. Not only do I feel terrific about it, but so does LeBron James, and Nike is filled with excitement about it. It is the most significant transaction that the company has ever completed. This is their hope that he will make even more. In addition, that is the hope that we have, clearly.”

The lifetime contract with Nike was inked by James in the month of December. Paul Wachter, who was instrumental in Apple’s acquisition of Beats by Dre for $3 billion, was the one who negotiated the arrangement, which was said to be the highest single athlete guarantee in the history of the sports clothing firm.

James has been a Nike athlete ever since the global sportswear giant made an offer to him prior to the 2003 NBA draft lottery. The offer was for a seven-year contract that was worth about $90 million with incentives.