Adidas AG added 10 years to its kit sponsorship with German soccer
team and Bavarian neighbor Bayern Munich FC. The deal will now run through 2030. At a reported $1.1 billion, the deal is one of the richest in the sport, dwarfing Arsenal’s $47 million (£30 million) per year deal with Puma and Adidas’s own $47 million (£30 million) a year deal with new English Premiere League champion Chelsea.
team and Bavarian neighbor Bayern Munich FC. The deal will now run through 2030. At a reported $1.1 billion, the deal is one of the richest in the sport, dwarfing Arsenal’s $47 million (£30 million) per year deal with Puma and Adidas’s own $47 million (£30 million) a year deal with new English Premiere League champion Chelsea.
But the Bayern Munich deal is still a tad less than the $1.15 billion 10-year deal Adidas inked with Manchester United FC last year.