On August 20th, 20 18, Beijing time, Nike officially announced the completion of the contract renewal with the China National Men's and Women's Basketball Team. In the next 10, Nike will sponsor all the men's and women's basketball competitions in China, including the World Basketball Cup, the Intercontinental Basketball Tournament and many other important events. In the future, Nike will continue to upgrade the national team brand, better serve the national team and fans, and build a broader growth platform for the development of youth basketball in China.
After signing the contract, chinese basketball association President Yao Ming made a speech at the first time. Yao Ming said: "Thank you very much for Nike's support for China basketball over the years. I am very glad that the two sides will continue to work hand in hand in the next 65,438+00 years. China's men's and women's basketball teams have always taken national honor as the highest goal, and always adhered to the spirit of not being afraid of challenges and being brave in surpassing. I believe this is also the internal cornerstone for the two sides to reach cooperation again. I hope that the two sides will continue to work closely together in the future to promote the progress of basketball in China. "