How many years does Adidas renew its contract with nba?

Adidas renewed a multi-year agreement with the NBA in 20 15, aiming at extending the cooperation period between the two parties, making Adidas an official sponsor of the NBA and giving it exclusive rights. The agreement will last until 2025, and it is stipulated that from 20 17, Adidas, as its official sponsor, will pay the NBA more than100000 USD in marketing expenses every year. During this period, Adidas will provide professional-grade clothing and training shoes for NBA players, and give players more freedom to choose their own clothing. In addition, the agreement also stipulates that Adidas will continue to promote NBA on a global scale and carry out joint marketing activities with other brands. In addition, Adidas will also provide customized clothing and shoes for the NBA through its official stores. This agreement will bring great benefits to both NBA and Adidas, and will also bring more exciting video content and exciting sports events to fans around the world.