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No. 1 pick Irving signs with Nike

Irving stands with NBA Commissioner Stern after being selected by the Cavaliers as the first overall pick in the 2011 NBA Draft in Newark

Kyrie Irving stands with NBA Commissioner David Stern (L) after being selected by the Cleveland Cavaliers as the first overall pick in the 2011 NBA Draft in Newark, New Jersey June 23, 2011. REUTERS/Ray Stubblebine (UNITED STATES - Tags: SPORT BASKETBALL)

REUTERS

From Irving’s twitter feed:

Feels good to officially be apart of @nikebasketball! Can’t wait to meet all the family I’m going to be apart of.Dreams really do come true!

Irving was drafted #1 overall by the Cavaliers after having a stellar season at Duke, albeit one cut short by injury. Nike needs no introduction -- it changed the way team sport athletes are marketed along with David Falk and Michael Jordan, and is synonymous with shoes and athletic wear everywhere. Details of Irving’s deal have not been revealed, but it’s fairly safe to assume that Irving’s deal is smaller than the $90 million deal Cleveland’s last #1 overall pick signed with Nike before he’d played his first game.