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Cleveland Cavaliers to show Goodyear logo on jerseys
The Akron-based tire company will be Cavs' first jersey sponsor
May 15th, 2017
We’ve talked about this so many times, from the next season the NBA will revolutionize - at least partially - its uniforms’ look. Due to the new 8-year deal with Nike, the American league prepares itself to abandon the long-time relationship with adidas, that produced most of the jerseys we fell in love for in the last years.
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Other than the brand change per se, next year the NBA will also face the first season with the possibility for franchises to put a sponsor patch - of course, due to payment - on the uniforms. The first announcements already arrived, like Philly (StubHub), Utah (Qualtrics) and Boston (General Electrics), and according to recent rumors the reigning champions Cleveland Cavaliers also has found a partner for their jersey that, it better to remember, is one of the best-selling uniforms in the league, especially thanks to LeBron James and Kyrie Irving.
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According to sources - the deal could become official in the next hours - to obtain the so-desired space on King James’ jersey has been Goodyear, a company that produces tires and that is based in Akron, Ohio. It’s probable that the geographical proximity could’ve helped to close the deal - LBJ himself currently lives in Akron - but you can be sure that the American company will have paid a lot of money to put its Wingfoot on wine and gold’s shirt. According to sources, the logo's presence in clear view on television while the Cavaliers play will be worth $7-10 million a year. Adding video games, trading cards, and social media, the advertising value could approach $30 million annually. Not bad for a 2,5 by 2,5 inch logo.
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Nevertheless, to find a jersey sponsor doesn’t seem so easy, as the Cleveland Cavaliers are only the sixth team to finalize such kind of a deal. It has to be said, the next season is many months away.