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Puma signs its original basketball ambassador, Walt Frazier, to lifetime deal

Jamie McCarthy / Getty Images Entertainment / Getty

Puma signed NBA legend Walt "Clyde" Frazier to a lifetime deal Monday. The 73-year-old was the German sportswear company's first-ever basketball ambassador.

The move comes as Puma returns to the sport after a 17-year hiatus. The company recently signed top NBA prospects Deandre Ayton, Marvin Bagley, and Zhaire Smith, all of whom are expected to be selected in the first round of Thursday's NBA draft.

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