Tuesday, April 19, 2016

NBA agrees jersey sponsorship

NBA_2016The NBA will begin putting sponsorship logos on player uniforms in 2017-18, a move that could generate at least $100 million annually and a step that the NFL, Major League Baseball and NHL have yet to take.
The three-year trial was approved Friday by NBA owners and will take effect when the league's contract with Nike begins. The patches will appear on the front left of the jersey, opposite Nike's logo, and measure about 2½ by 2½ inches.
Logos appear on international and MLS soccer jerseys, and many athletes in individual sports wear their sponsors' attire in competition.
Commissioner Adam Silver had said going with logos was inevitable because of the potential to add revenue. WNBA and NBA Development League teams already have logos, and NBA clubs were wearing them on practice jerseys.
Silver called the plan an "experiment" and said it was hard to estimate how much revenue it would generate because teams would be responsible for their own sales, and some could decide not to participate. But he said it could be $100 million annually

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