River Plate Renew Adidas Deal Until 2027, Aim to Be the Best Paid in Argentina

River Plate will sign a six-year extension of the deal with Adidas this Thursday, it is has been revealed.

River Plate to Sign Puma Kit Deal?

For several months, there have been rumors that Puma could take over the River Plate deal from Adidas. However, Adidas had a matching close to outdo every competitor, and now the Three Stripes brand have again secured a deal with the Argentinian giants.

Adidas to Make River Plate Kits Until At Least December 31, 2027

River Plate will today approve the extension of the contract with Adidas until December 31, 2027 - the relationship with the brand of the three stripes will reach 45 consecutive years.

River will get 20 million USD immediatelyThe agreement guarantees River 59,5 million USD for six year - fixed amount (USD 23,450,000), minimum guaranteed royalties (USD 31,050000), delivery of products (USD 1,700,000), a signing bonus (USD 3,000,000) and marketing actions (USD 300,000).

The figure could increase as a result of royalties from the sale of products and the prizes stipulated for each title

Puma's proposal was around 10 million USD a yearAccording to reports, Puma's proposal was around 10 million USD a year and 20% royalty on sales. Adidas that not only matched the payment amount but also offered 25% in royalties to convince River of its continuity, a bond that has been uninterrupted for 39 years.

What is interesting is that we get to know all the bonuses River have agreed with Adidas. For example, River will get 1 million USD for winning the Copa Libertadores.

River Plate Adidas Deal - Bonuses

  • Copa Libertadores Title: USD 1,000,000
  • Copa Libertadores 2nd Place: USD 250,000
  • Copa Sudamericana Title: USD 500,000
  • Copa Sudamericana 2nd Place: USD 125,000
  • Club World Cup Title: USD 750,000
  • Recopa Sudamericana: USD 100,000
  • J.League Cup / Copa Sudamericana Championship: USD 50,000
  • Liga Argentina: USD 750,000
  • Copa Argentina: USD 200,000
  • Supercopa Argentina: USD 50,000

River will receive a good percentage of the total deal's money (USD 20,800,000, which represents 34.5%) 30 days after signing the contract.

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Rivals Boca also receive around 10 million USD / year from Adidas. However, River have a better deal on the exchange rates of the Argentine Peso and the USD.

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