According to ESPN FC, Tottenham have finalised their deal with Nike to become their new kit supplier starting from the 2017/18 season. The deal will initially run for 5 years and earn Spurs £30m per year.
Under Armour’s current deal with Spurs runs out at the end of this season. It ran for 5 years and was worth £50m in total. According to ESPN sources, the new deal with Nike will see Tottenham earn three times as much.
Spurs will not be only the London-based club to switch to Nike next season, as rivals Chelsea have also signed a new deal with the American brand, in a deal which will see the Blues earn £60m per year for a duration of 15 years.