Nike Is Likely To Become The Clothing Manufacturer Of The National Football Association.
October 14th,
Nike
The company may become the National Football League.
clothing
Manufacturers need to have the consent of the owners.
October 12th reported that Nike Nike (Inc.) may become the official uniforms and OTC garments manufacturers of the National Football League.
According to CNBC11 reports, the deal will require the consent of the owners.
Under Armour Inc. will retain Limited clothing rights, especially the comprehensive test of the rugby union.
Since 2001, the National Football Association's clothing agreement is
reebok
(Reebok International Ltd.) signed.
Nike lost the contract to Reebok in 2001.
It is said that Reebok paid $300 million to the 10 year's rights and the agreement expired at the end of the next season.
This competition is very intense. It is between Nike and Adidas (Adidas).
Adidas currently owns Reebok and Under Armour.
Nike officials say the company is negotiating with the National Football League, but can not comment on the ongoing negotiations.
Adidas is currently a clothing supplier of the National Basketball Association.
The chief executive, Herbert Hainer9, said that if someone offered a higher bid, he would accept it because losing the NFL's clothing agreement would not be a matter of life and death for the company.
If Nike wins, the industry will be unquestionably observing the reaction of the fans.
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