Real Madrid Signs $1.2 Billion Deal With Adidas
Iconic Spanish soccer club Real Madrid has reportedly signed a sponsorship deal with adidas worth approximately $1.2 Billion. According to Marca, the partnership will be for 10 years and will pay out approximately $125 million per year making it the largest deal of its kind in the entire world of sports.
Real Madrid to sign a 110m€ per year deal with Adidas, which would overtake the 85 per year of Manchester United and the 83 of Barcelona— Tancredi Palmeri (@tancredipalmeri) November 5, 2018
Can I be the first to say - HOLY SHIT.