Report: Brazil, Nike extend $100m-a-year kit deal
Briefly

CBF president Ednaldo Rodrigues remarked, "This contract shows the strength of Brazilian soccer. This is one of the longest and most successful partnerships in soccer and, together, we will keep celebrating the brilliance of Brazilian soccer and honor the jogo bonito legacy."
A source revealed this deal worth $100 million per year includes royalties on national team shirt sales and enables CBF to license products and open stores globally.
Nike's vice president Doug Bowles stated, "This deal strengthens our old commitment with Brazilian soccer," emphasizing the importance of their partnership.
Brazil's football federation (CBF) extends its kit deal with Nike, which started in 1996, affirming their long-term collaboration and mutual goals for the sport.
Read at ESPN.com
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