Are you ready for Nike NBA uniforms in the near future? Well, if so then you’d be happy to know that Nike is really close to signing a long-term deal to secure the NBA uniform rights – according to Sports Business Daily’s Terry Lefton.
The deal was presented to the NBA’s Executive Committee today in New York, and then the full NBA Board of Governors tomorrow.
This deal won’t taking place until the beginning of the 2017-18 season, after the adidas current 11-year, $400 million contract expires. One of the big agreement to the contract is having Nike have the rights to place a manufacturer logo on the jersey, an NBA first. Sources also indicate that Nike could use both its Swoosh logo and Jumpman logo of Jordan Brand on all Jerseys – which would be a huge step having the fact that the adidas logo only appeared on warmups. Maybe the next step would be replacing the NBA logo itself to the Jumpman logo – which many would say should have happen years ago, but this could be the first step to it actually happening.
Head over to Sports Business Daily for the full story. How many of you think this is a grand slam for both NBA and Nike for the future of the sport?