Enhancing both assortment and speed-to-market of MLB products, Fanatics will utilize its vertical commerce model to create and distribute a wide range of MLB fan apparel sold at retail, including jerseys, Postseason apparel, and hot market gear that captures the latest events happening on the field.
"Nike's global brand and reputation as a leader in marketing and driving innovation makes them an ideal partner," said Baseball Commissioner Robert D. Manfred, Jr. "In addition, Fanatics is a valuable partner who has proven to serve our fans with speed, agility and quality service. We're very excited about the possibilities this unique arrangement provides us over the next decade."
In addition, Nike will continue as an official MLB sponsor, supporting league initiatives, grassroots marketing and fan events. Nike, as part of the new agreement, will partner with all 30 MLB Clubs and promote its brand and products across MLB media assets including MLB Network, MLB.com, and MLB Social.
The world's leading performance brand will utilize its Nike Baseball athletes in official MLB uniforms across its advertising and promotions. Nike currently has endorsement relationships with over 500 MLB and Minor League players including Mike Trout, Giancarlo Stanton, George Springer, Jose Ramirez, Max Scherzer, Jacob deGrom, Javier Baez and Nolan Arenado to name a few.
"We're thrilled to bring more innovation and creativity to Major League Baseball and the incredible athletes who play the game," said Tom Peddie, VP/GM of Nike North America. "This is an exciting time for baseball, and we look forward to partnering with MLB to grow the sport both across America as well as around the globe."
"Given the continued rise in real-time demand by both fans and retailers, this three-way partnership will ensure MLB fans always have access to the products they crave regardless how, where or when they want to shop," said Michael Rubin, Fanatics Founder and Executive Chairman. "This progressive approach around joining forces between an elite performance brand and the innovative vertical capabilities of Fanatics continues to be the future model for licensed sports merchandise."