Nike and the NBA have agreed on a 12-year contract extension that will keep the company as the league’s exclusive uniform and apparel provider, along with the WNBA and the G League, the company told The Athletic. The NBA and Nike finalized the deal this summer.

The extension comes at a critical time. The company earlier this month withdrew its full-year guidance and postponed its first investor day in seven years.

Boston Celtics star Jaylen Brown wasn't selected to suit up for Team USA in the 2024 Paris Olympics this past summer. Still, Brown revealed he doesn't plan to join Nike to boost his chances of representing the United States at the 2028 Olympics and beyond.

In 2028, if I have to sign to Nike to increase my likelihood of playing USA basketball, I’ll pass. I think the essence—you see it in our grassroots—kids, instead of

Boston Celtics superstar wing Jaylen Brown went on the Stephen A Smith Show to set the record straight with Stephen A, one of his biggest critics. In the conversation, Brown said he will not play for Team USA in the 2028 Olympics in L.