Adidas and Bayern Munich has put pen to paper with a long term new 15 year kit deal which will take Bayern Munich and Adidas partnership to 2030. Bayern Munich’s current deal with Adidas was suppose to run another 5 years till 2020 but Bayern Munich secured 10 year extension with increased intensive which keep adidas as Bayern munich kit supplier till 2029-30 season. With new terms this will be the second biggest kit deal in world football just behind Manchester United’s Adidas deal which will come into play at the start of next season.
Adidas will pay a total of €900 million ($987m | £644m) for the next 15 years which counts to roughly €60 million ($65m | £42.2m) a year making it second biggest kit deal of all times behind United-Adidas contract which is worth £75 million a year. Here are the details of financial contract of new kit deal extension Bayern Munich and Adidas announced today.
|CONTRACT PERIOD||YEARLY MONEY||TOTAL|
|15 Years (2015-2030)||€60 million per season ($65m | £42.2m)||€900 Million For 15 years ($987m | £644m)|
With the last contract Bayern Munich were getting €20 million a year and the deal was suppose to run another 5 years till 2020 but Bayern Munich and Adidas penned an early extension of another 10 years with increased incentives for Bayern Munich.
Top 5 Biggest Kit Suppliers Deals:
Looking at the top 5 biggest kit suppliers deals we can see that even the new very lucarative kit deal of Bayern does not come close to Manchester United deal but Bayern new deal do put them ahead of teams like Real Madrid, Barcelona, Arsenal and Chelsea etc. Here are the top 5 biggest kit suppliers deals.
|NO#||TEAM & BRAND||CONTRACT||MONEY|
|1||Manchester United (Adidas)||10 Years (2015-2025)||£750 million (£75m a year)|
|2||Bayern Munich (Adidas)||15 Years (2015-2030)||£644 million (£42.2m a year)|
|3||Real Madrid (Adidas)||8 years (2012-2020)||£280 million (£35m a year)|
|4||Arsenal (Puma)||5 Years (2014-2019)||£150 million (£30m a year)|
|5||FC Barcelona (Nike)||10 Years (2008-2018)||£280 million (£28m a year)|