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Report: Warriors sell jersey ad for $60 million over three years

2017 NBA Finals - Game Five

OAKLAND, CA - JUNE 12: Kevin Durant #35 of the Golden State Warriors celebrates in the final moments of their 129-120 win in Game 5 over the Cleveland Cavaliers to win the 2017 NBA Finals at ORACLE Arena on June 12, 2017 in Oakland, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Ezra Shaw/Getty Images)

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The Warriors were reportedly seeking at least $15 million annually for their jersey ad, which was 50% more than any team has received. The Cavaliers will draw about $10 million per year.

Well, Golden State is getting a bit more than that.

Darren Rovell of ESPN:

The Golden State Warriors signed the largest of the NBA ad patch deals this week, selling the space on its jersey for the next three years to Japanese tech holding company Rakuten.

Sources say the deal is worth $20 million a year

Did Kevin Durant really have to take a discount for the Warriors’ owners to afford this roster?