Reported 19 days ago
Brazil has extended its kit deal with Nike for another 12 years, lasting until 2038, with a reported value of $100 million per year, plus royalties on national team merchandise. This deal allows the Brazilian Football Confederation to license products and open stores globally, highlighting the strength of Brazilian soccer. The partnership, which began in 1996, has become one of the longest and most successful in the sport.
Source: YAHOO