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Gisele's Under Armour Contract Could Be Worth $250 Million

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Image via Under Armour
Image via Under Armour

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According to Forbes, Gisele Bündchen's net worth just skyrocketed, thanks in part due to her new gig with Under Armour. Unnamed sources told Forbes that the brand offered Gisele an amount similar to what they offered basketball star Kevin Durant when the company tried to lure him away from Nike, and that was reportedly a $250 million, 10-year contract.

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Under Armour has denied those numbers, telling Forbes that they "grossly misrepresented the financial terms of Bündchen's partnership. However, the company has yet to disclose the actual terms of the contract, which makes the sums that Forbes originally reported look all the more plausible.

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In the meantime, Gisele's campaign with Under Armour got underway this morning with a video of the supermodel boxing to the tunes of angry online commenters.
· UPDATED: Gisele Bundchen's New Under Armour Gig [Forbes]
· Wow, Under Armour Splurged On Gisele [Racked]
· Gisele Wore a Bald Cap for Balenciaga [Racked]