NBA Signs New Partnership with Nike

The NBA has signed a new partnership with Nike that will see the basketball brand provide all 30 NBA teams with uniforms and apparel.

NBA and Nike sign new partnership

The NBA has signed a new partnership with Nike that will see the sportswear giant become the exclusive on-court apparel provider for the league. The eight-year deal, which begins with the 2017-18 Season is reportedly worth $1 billion.

This is a major coup for Nike, which has been seeking to increase its share of the basketball market in recent years The company has been aggressive in signing individual NBA Stars to endorsement deals and this new partnership will help Nike raise its profile even further.

The agreement between Nike and the NBA is just the latest in a series of major partnerships between the two organizations. Nike has also been a longtime sponsor of the USA basketball team and it currently has a deal in place to be the exclusive provider of uniforms for the NBA’s Development League

What this partnership means for the NBA

The National Basketball Association (NBA) has announced a new partnership with Nike. The deal, which is worth a reported $1 billion, will see Nike become the exclusive provider of on-court apparel for the NBA from the 2017-18 season onwards.

This partnership is a major coup for Nike, as it cements the company’s place as the largest provider of athletic apparel in the world. The deal also represents a significant increase in value for the NBA, which only recently signed a $760 million deal with Adidas.

The terms of the deal have not been made public, but it is believed that Nike will pay a premium for the NBA’s on-court rights. This is in line with Nike’s strategy of signing high-profile partnerships to help promote its brand.

The NBA’s current apparel partners are Adidas, Under Armour, and Reebok. It is unclear at this time how these brands will be affected by the new partnership with Nike.

What this partnership means for Nike

The NBA has announced a new partnership with Nike, effective with the 2017-18 season. Nike will now be the exclusive outfitter of the NBA, WNBA, and NBA D-League replacing current partner Adidas. The eight-year agreement between the league and Nike is reportedly worth $1 billion.

This partnership is a huge win for Nike. The company has been aggressively seeking to increase its share of the basketball market in recent years This deal will help Nike achieve that goal, as it will now have its logo on all NBA jerseys and team apparel. In addition, Nike will also become the exclusive provider of footwear and apparel for the NBA’s youth development programs.

What this partnership means for fans

The National Basketball Association (NBA) has announced a new partnership with Nike that will make the sportswear giant the exclusive on-court apparel provider for the league starting in the 2017-18 season.

This is a major shift for the NBA, which has been with Adidas since 2006. Nike will now outfitting all 30 NBA Teams and will also become the official provider of team uniforms, apparel and footwear for the NBA G League (formerly the D-League) and USA Basketball

The new partnership comes as no surprise given Nike’s close relationship with many of the NBA’s biggest stars, including Lebron James Kevin Durant and Kyrie Irving Under the terms of the deal, Nike will also have a presence on NBA game jerseys for the first time ever, with its logo appearing on all official game uniforms starting in the 2017-18 season.

The financial terms of the deal have not been disclosed, but it is reportedly worth billions of dollars over eight years. For fans, this partnership means that they will soon have access to a wider range of official NBA merchandise than ever before. Nike’s extensive distribution network will also ensure that these products are available in more places than ever before

How this partnership will benefit the NBA

The National Basketball Association (NBA) has reached a new partnership with Nike that will see the sports apparel giant become the exclusive provider of on-court apparel for the league. The eight-year deal, which starts with the 2017-18 season, is worth a reported $1 billion.

This is a major coup for Nike, as it now has the exclusive rights to outfitting all 30 NBA teams It replaces Adidas, which had been the NBA’s official outfitter since 2006. Nike will also become the official outfitter of the Women’s National Basketball Association (WNBA) and the NBA Development League (D-League).

The partnership is a huge win for Nike, but it’s also a Big Win for the NBA. The league will now receive greater revenue from its licensing deal, as Nike is reportedly paying twice as much as Adidas was paying. In addition, the new partnership gives Nike greater visibility and allows the company to tap into the growing global interest in basketball.

How this partnership will benefit Nike

The National Basketball Association (NBA) has signed a new partnership with Nike that will see the sports apparel company become the exclusive on-court uniform provider for the NBA, WNBA and NBA Development League beginning with the 2017-18 season. Nike will also become the official provider of all NBA apparel, including replica jerseys and fan wear.

The partnership is a win for Nike, which replaces Adidas as the NBA’s uniform provider. Nike will now have its logos on all 30 NBA teams’ uniforms, as well as those of the WNBA and NBA D-League The deal is also a boon for the NBA, which gets an improved revenue-sharing arrangement with Nike compared to its previous agreement with Adidas.

How this partnership will benefit fans

The National Basketball Association (NBA) has announced a new partnership with Nike that will result in Nike becoming the official on-court apparel provider for the NBA, WNBA, and NBA Development League beginning with the 2017-18 season. This eight-year agreement is the longest partnership between the NBA and an apparel partner to date.

Fans can expect to see Nike’s cutting edge designs and technology on display at all levels of NBA basketball Nike’s innovative performance apparel will be available for purchase at retail outlets and online beginning Fall 2017.

This partnership will provide a significant boost to the visibility of the women’s game, as Nike will now be outfitting twelve NBA teams In addition, Nike will become an official marketing partner of the NBA G League boosting its profile amongst basketball fans

The terms of the deal have not been disclosed, but it is believed to be worth a nine-figure sum over the course of its eight years. This is a significant investment by Nike in the future of the NBA, and fans can look forward to seeing some exciting new products and initiatives as a result.

What fans can expect from this partnership

The National Basketball Association (NBA) has announced a new partnership with Nike, which will begin with the 2017-2018 season Nike will replace Adidas as the league’s official outfitter, and fans can expect to see some changes in the NBA’s on-court look as a result. Under the terms of the deal, Nike will provide all teams with game uniforms, casual apparel, and practice gear In addition, each team will have the option to create its own designs for certain “City Edition” uniforms that will be worn during select games.

In addition to outfitting all 30 NBA teams Nike will also serve as the exclusive provider of apparel for the NBA G League and NBA 2K League. As part of the deal, Nike will also become an official marketing partner of the WNBA.

How this partnership will impact the NBA landscape

The National Basketball Association (NBA) has reached a new partnership with Nike, which will replace Adidas as the league’s official outfitter. The terms of the deal have not yet been announced, but it is reportedly worth $1 billion over eight years.

This partnership will have a major impact on the NBA landscape. Nike is a much larger company than Adidas, and they are known for their cutting-edge marketing and product design. This deal will give Nike a major presence in the NBA, and they will be able to outfit all 30 teams starting in the 2017-18 season.

Nike has already had a strong presence in the NBA, as they currently have deals with some of the league’s biggest stars, including Lebron James Kevin Durant and Kobe Bryant With this new partnership, Nike will be looking to increase their share of the basketball market. They will likely do this by signing more deals with NBA players and creating new products that are specific to basketball.

This deal is a win for Nike, but it remains to be seen how it will impact the competitive landscape between Nike and Adidas. Both companies are looking to gain an edge in the basketball market, and this new partnership could give Nike a distinct advantage.

What the future holds for the NBA and Nike partnership

The National Basketball Association (NBA) has signed a new partnership with Nike that will see the sports apparel giant become the exclusive on-court uniform provider for the league, starting with the 2017-18 season.

The eight-year deal, which comes after the NBA’s current partnership with Adidas expires at the end of next season, is reportedly worth $1 billion. It is also a sign of the NBA’s continued effort to globalize its brand and appeal to young audiences.

“Our new partnership with Nike reflects our collective desire to look fearlessly toward the future and pursue growth on a scale that few companies can match,” NBA Commissioner Adam Silver said in a statement.

Nike will replace Adidas as the official outfitter of all 30 NBA teams and will also become the exclusive provider of on-court apparel for NBA Development League (D-League) and USA Basketball The deal also gives Nike an expanded presence in the WNBA, which it has supplied uniforms for since its inception in 1997.

“Nike will be an excellent partner for us as we continue to grow our game around the world,” Silver added. “Their industry-leading capabilities will help take our jerseys and on-court products to new heights.”

This is not Nike’s first foray into basketball; the company has been supplying NBA apparel since 1971 and currently has individual deals with more than half of the league’s players, including superstars like Lebron James Kevin Durant and Kobe Bryant