Can confirm that today's announcement at The Q is the Cavs and Goodyear have struck a multiyear deal for a jersey patch, starting in 2017-18
— Kevin Kleps (@KevinKleps) May 15, 2017
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(Original story 2/9/17): Ads are coming to NBA jerseys starting next season, because nothing good lasts and a professional sports league is going to milk every square inch of real estate for every last dollar. A few teams have already announced their corporate shilltastic partners and reviews so far are mixed from aesthetically mediocre (the Celtics, whose ad at least meshes with their colorway) to the abysmal (the Nets, for instance).
As for your hometown Cleveland Cavaliers, a report last night claims they have a deal with Goodyear.
BREAKING: @cavs have jersey patch deal w/ @goodyear, sources say. Company based in Akron. @KingJames, of course, from Akron #sportsbiz #nba
— Scott Soshnick (@soshnick) February 9, 2017
Reps from Goodyear and Cavs didn't respond to a request for comment from Bloomberg. Previously announced deals have been pegged in the $5 to $10 million a year range.
It's not the worst arrangement, which isn't saying much. At least it isn't Quicken Loans.