The Nigeria Football Federation (NFF), will bank about $3.75m (N743m) during their three-and-half year agreement with Nike and a $500,000 (N99m) bonus, if the Super Eagles make it to the 2018 World Cup in Russia.
Last week, the NFF president Amaju Pinnick, head coach Stephen Keshi and other top officials, signed a partnership with the American sportswear company, that will see them supply kits from April 1, 2015 until at least 2018.
The contract is worth $750,000 (N148m) in its first year and will rise to $1million (N198m) each year from 2016 till 2018.
It has now emerged that the Nike deal, is a massive upgrade from the Adidas contract that ran out in December 2014. The German giants paid the NFF 700,000 euros (N150m) a year.
“We are comfortable with the contract, because NIKE came across during the negotiations as being fluid and ready to listen to our demands. That is always the key aspect; you always need a partner with a listening ear,” Pinnick explained.
“Nigeria football is happy to associate with a global leader and I am much convinced this is just the beginning. As we go along, NIKE may also be willing to partner with some of our domestic clubs and even the League Management Company.”
Nike will design performance and training apparel and equipment, including team kits and footballs for the Nigerian national football team players at every level of the game.
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