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Nike and the NBA struck a deal in 2015 that brought the sportswear brand in as the jersey sponsor for the NBA starting with the 2017-18 season. The eight-year deal was reported to be worth $1 billion.
Nike and the NBA agreed to a lengthy extension that will keep the brand as the exclusive supplier of uniforms and apparel.
Nike will continue to design and manufacture NBA, WNBA and G League uniforms and on-court apparel through 2037.