Barcelona confirmed last week that they have extended their contract with Nike for an additional 10-years and reportedly for a record $170 million per year. The deal starts ahead of the 2018/19 season.
“FC Barcelona and NIKE, Inc. have extended their current sponsorship deal, which was due to end on June 30, 2018,” Barcelona said in a statement. “The long-term agreement is a landmark in global football and builds upon a highly successful partnership.”
Nike first signed as Barcelona’s technical sponsor in 1998. Since they partnered, Barcelona has won 10 La Liga titles, 4 UEFA Champions League titles, 4 Copa del Reys, and 3 Club World Cups.