Puma has reportedly locked down incoming NBA rookie Marvin Bagley III in a deal that's said to be one of the most lucrative rookie sneaker contracts in recent memory. 

The Athletic broke the news yesterday, with writer Jon Krawczynski adding that the five-year agreement could be the largest rookie deal of its kind since Kevin Durant signed a 7-year, $60 million endorsement with Nike in 2007. The report was later corroborated by ESPN, who confirmed that a deal has already been made.

Talks of a Puma basketball resurgence began last month after reports surfaced that the brand was looking to return to the hardwood with hopes of signing prospect Trae Young. According to Oregon Live, Puma also has its sights set on former Arizona big man Deandre Ayton.

While the Bagley endorsement is reportedly already signed off on, Young's status remains undecided, as he's also been courted by Adidas with a rumored $1.8 million a year deal.