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Brazil extends Nike contract until 2038, securing $100M yearly for all national teams' kits.
Brazil has extended its contract with Nike for soccer kits until 2038, worth $100 million annually, including new royalty clauses on shirt sales.
This marks the first time the Brazilian Football Confederation can license products and open stores globally.
The partnership, which began in 1996, now includes kits for all Brazilian teams, including youth, women's, beach soccer, and futsal teams.
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Brasil prorroga el contrato de Nike hasta 2038, asegurando 100 millones de dólares anuales para todos los kits de equipos nacionales.