According to reports, the details state that the agreement is close and that Nike and the NBA have completed the “necessary” framework that will be presented to the league’s Board of Governors today. Now granted the agreement seems to be closing in, according to reports, there is still some groundwork left to make this partnership a reality. The deal will take full effect during the 2017-2018 season and with the Adidas partnership ending shortly before and grossing over $400 million in 11 years, Nike is expected to surpass that number.
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