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Kris Humphries Talks “Difficult Time” Announcing $150,000 Endorsement Deal

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Back to the grind.

Thanks to Kim Kardashian's ironclad prenup, Kris Humphries won't exactly be coming into a fortune when their divorce is finalized. But on Thursday, the basketball player (who is currently out of work due to the NBA lockout) announced his own new business venture. 

Related: PHOTOS: Look back at Kim and Kris' lavish wedding

The 26-year-old held a press conference at NYC's Trump SoHo hotel to announce his new endorsement deal with Sector watches. According to a source, Humphries' Sector deal is worth about $150,000. "I'm happy to be here," Humphries told reporters. "As you all know, this has been a difficult time in my life, and I'm so grateful [for] my friends at Sector for their unwavering support."

Related: VIDEO: Kris tells Kim to start

So why is he endorsing the luxury Italian watches company? "It truly represents who I am both on and off the court," he said. "I've been a watch and fashion lover my entire life and a competitor and the no limit tag is really about how I approach my career."

"I'm really honored to be with the Sector brand," Kardashian's future ex-hubby said. "Most of all, they really do have great watches… A portion of the sales will go to my foundation which is all set up to fight against childhood obesity and it's a really great thing."

If the NBA lockout continues, Humphries will continue to focus on his foundation. "I continue to train every day," he noted. "I've been in the NBA for seven years and have built some great friendships. We are all working hard and getting ready… I'm ready for when it happens."

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