Friday, October 4

Millionaire pact: Lakers sign $ 100 million dollar deal with new sponsor

Los Angeles Lakers will premiere from next season 2021 – 2022 a new sponsor that will leave them an income of $ 100 million dollars , revealed the team itself.

It is the South Korean food company Bibigo , which will occupy the position who left the e-commerce platform Wish.

The new contract signed by the Lakers with Bibigo will be for five seasons and the Los Angeles team will receive $ 20 million dollars annually , between 6 and 8 million more than what he had paid so far Wish, according to “Los Angeles Times” .

Lakers closed a deal with Bibigo of 100 million x 5 years. The remaining Franchises charge between 7 and 10 million dollars annually from the sponsor on their shirt. pic.twitter.com/wSIbHSWyBF

— CLUTCH TIME ⏱ (@ClutchTimeArg) September 21, 2021

It is not at all strange that a team with such iconic figures as LeBron James and with one of the best markets in the NBA managed to finalize this type of millionaire contracts.

The club has a great weight when it comes to transmissions, both national and international , and that has made it enormously increase its profits, not to mention the projection they have in social networks.

With information from EFE

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