Brazil extend kit deal to 2038, worth $100 million/year

The Brazilian Football Confederation (CBF) extended its kit deal with Nike for 12 years, until 2038. The $100 million annual deal includes royalties and, for the first time, allows the CBF to license products and open stores globally. This continues a partnership that began in 1996 and covers all Brazilian national football teams.

from Sports News: Latest Cricket News, Live Match Scores & Sports News Headlines, Results & more https://ift.tt/0BMHp1l