Sport Bild reported on Thursday that Bayern Munich would be extending their kit deal with Adidas until the year 2030. The deal is for €900 million total and €60 million per year. The current deal with Adidas was set to expire in 2020 and only paid Bayern €25 million a year. The new deal goes into effect immediately.
"With this extension of the contract until 2030 Adidas will continue its long partnership with FC Bayern München," said Adidas spokesman Oliver Brüggen. Adidas owns 8.33% of FC Bayern München AG and has been the supplier of Bayern kits since 1965.
Considering that the club is debt free, this will be an additional €35 million a season for Bayern to use toward transfer fees if they deem it necessary.
Manchester United recently left Nike for a new kit deal with Adidas. They signed a 10 year €1 billion deal that will see them pull in a whopping €40 million more a season than FCB. Bayern can't win them all.