Warriors, Rakuten Reportedly Agree to $20 Million Per Year Jersey Sponsorship

Warriors land richest NBA jersey sponsorship with three-year $60M deal with Rakuten

ESPN's Darren Rovell reports the terms of the deal are indeed three years, $60 million, and for their troubles, Rakuten gets there logo opposite the Nike Swoosh as well as a number of other perks.

Rakuten spent $235 million in July to have their name appear on the FC Barcelona's jerseys. Rakuten is paying almost $60 million per year for their sponsorship of Barcelona compared to $20 million per year for the richest deal in the National Basketball Association. "There's a lot of emotion to it - great stories, smiles and tears". We saw an opportunity, given the visibility we were receiving.

While a number of teams have announced advertisement deals to put patches on their jerseys, the National Basketball Association champion Warriors were the big domino people around the league were waiting to fall. "So we felt in order to grow our global vision, we had to be aligned with a global brand". While the company was founded in Japan back in 1997, they have since set up a North American headquarters in San Francisco, which gives them a stronger tie to the Warriors community and the Bay Area.

As the three-time defending Western Conference champions and National Basketball Association champions in two of the past three years, the Warriors were undoubtedly among the most highly sought after partners for companies looking to take advantage of the NBA's new stance on jersey advertising.

Rakuten's black and red logo will be pasted on the Warriors' white jerseys while white patches will be sewed on the team's blues. "Our partnership in Barcelona has helped us in Spain, and the Warriors will certainly be a pillar of getting us there in United States".

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