Jeep deal makes Juventus shirts worth more than $100 million

By: The Associated Press Posted: 8:55 AM CDT Thursday, Oct. 24, 2019

TURIN, Italy - Juventus will now be making more than $100 million per season from its jersey sponsorships.

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TURIN, Italy - Juventus will now be making more than $100 million per season from its jersey sponsorships.

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This article was published 24/10/2019 (2492 days ago), so information in it may no longer be current.

TURIN, Italy – Juventus will now be making more than $100 million per season from its jersey sponsorships.

The club announced a 25 million euro ($28 million) increase annually in sponsorship from Jeep automobiles, which like Juventus is controlled by Exor, the Agnelli family holding company.

The new deal brings the Jeep sponsorship to 42 million euros per year, which could become 46 million with bonuses. That comes after brand sponsor Adidas in December modified its eight-year deal through 2026-27 for a total of 408 million euros plus bonuses — for a base rate of 51 million euros per season.

Juventus' Paulo Dybala celebrates with his teammates after scoring a goal during the UEFA Champions League group D soccer match against Lokomotiv Moscow at the Allianz Stadium in Turin, Italy, Tuesday, Oct. 22, 2019. (Andrea Di Marco/ANSA via AP)

Also at a shareholders meeting Thursday, Juventus president Andrea Agnelli announced plans to build a new stadium for the club’s women’s team — which is the two-time defending Serie A champion — to share with the Under-23 squad.