Adidas ends NBA contract
FRANKFURT, GERMANY- Adidas says its ending its partnership as official outfitter of the NBA when the current agreement runs out after next season.
Adidas AG says "while we have enjoyed a successful long-term relationship with the league, we continually review our partner agreements to ensure they are meeting our investment and delivering on our brand and business needs."
Adidas supplies the NBA with uniforms and holds the rights to NBA-branded merchandise worldwide.
The NBA has not said who will be the next supplier.