Man United clinches $1.3B Adidas kit deal

Man United clinches $1.3B Adidas kit deal

This is a March 8 photo of Manchester United’s Wayne Rooney as he shouts instructions to teammates during the English Premier League soccer match between West Bromwich Albion and Manchester United at The Hawthorns Stadium in West Bromwich, England. Manchester United on Monday secured the most lucrative kit deal in football, announcing that Adidas has agreed to pay $1.3 billion over 10 years to take over the sponsorship from Nike. The deal, worth 75 million pounds ($128 million) a year from 2015, was announced after Nike decided that trebling the cost of its existing 13-year equipment supply contract was not good value for the company. (AP Photo / Rui Vieira)

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