Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Adidas looks forward to opportunity to work with JAAA – Executive
Latest News
Andre Lowe | Sports Content Manager  
April 12, 2024

Adidas looks forward to opportunity to work with JAAA – Executive

Spencer Nel, Senior Director of Sports Marketing at Adidas, has confirmed the German sports goods manufacturer’s interest in partnering with the Jamaica Athletics Administrative Association (JAAA), while underlining the company’s deep-rooted involvement with the sport on the island.

“Adidas has a long and successful history of working together with leading Jamaican athletes – we sponsor numerous high schools and invest heavily into sports development at both the grassroots and elite level, with programmes like the Racers Track Club. The Jamaica Athletics Administrative Association (JAAA) is one of the best track and field federations in the world with an incredible history. We are always looking to collaborate with leading federations across sport and would welcome an opportunity to work together in the future,” Nel told the Jamaica Observer.

The JAAA is currently in the last eight months of their contract with Puma and are not legally able to negotiate or discuss proposals with competing brands until six months prior to the expiration of that deal.

NEL… We are always looking to collaborate with leading federations across sport.

Adidas reportedly pitched a $5.9 billion package to the JAAA in the latest attempt in a decade-long courtship of the JAAA. This follows a similarly impressive offer in 2014, which was eventually rejected by the JAAA.

JAAA president Garth Gayle has steered clear of discussing the approach and made it clear that the organisation intends to respect the terms and conditions of their current deal with Puma.

“It cannot be discussed at the level of the JAAA because simply, we are in contract and we have to abide by all the principles that govern that contract,” Gayle said on Thursday.

GAYLE… says JAAA will respect the terms and conditions of current deal with Puma.

According to documents obtained by the Jamaica Observer, Adidas has crafted an eight-year offer – effective January 2025, valuing US$22.2 million ($3.4 billion) in cash over the period and an additional US$16.6 million ($2.5 billion) in products for a total investment of US$38.8 million ($5.9 Billion) or US$4.85 ($749 million) million a year.

This dwarves the value of the JAAA’s current deal with Puma, which is believed to fall in the region of US$1 million ($154 million) a year and is set to expire in December. Puma, it should be noted also has a ‘Right of First Refusal’ clause in their deal, which compels the JAAA to inform Puma of any competing offer and also means that if Puma matches said offer, the JAAA would be obligated to accept.

Importantly, Adidas’ offer also includes Licensing and Digital rights, as well as royalties at 10 per cent of net sales on all JAAA branded products on a yearly basis. The proposal also features cash incentives for medals won at the Olympic Games, World Championships, World Indoor Championships, World Junior Championships and World Relays.

The German athletic apparel and footwear corporation has sponsored a number of Jamaica’s top athletes and clubs over the years including Yohan Blake, Warren Weir, Veronica Campbell Brown, Bert Cameron, Herb McKenley, Trevor Campbell, Arthur Wint, Raymond Stewart, Aleen Bailey, Antonio Watson, Oblique Seville, Roshawn Clarke, the Glen Mills-operated Racers Track Club and Maurice Wilson’s Sprintec Track Club.

Tags:

Adidas Athletics Garth Gayle JAAA Jamaica Athletics Administrative Association Puma
{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Andre Haughton among lecturers raised to professor rank at UWI
Latest News, News
Andre Haughton among lecturers raised to professor rank at UWI
November 28, 2025
KINGSTON, Jamaica —  The University of the West Indies (UWI) has elevated five of its lecturers across campuses to the rank of professor, including Ja...
{"jamaica-observer":"Jamaica Observer"}
Forex: $161.20 to one US dollar
Latest News
Forex: $161.20 to one US dollar
November 28, 2025
KINGSTON, Jamaica — The United States (US) dollar on Friday, November 28, ended trading at $161.20, down by seven cents, according to the Bank of Jama...
{"jamaica-observer":"Jamaica Observer"}
FID, MOCA and JCF launch joint time-signal campaign to boost reporting of financial crimes
Latest News
FID, MOCA and JCF launch joint time-signal campaign to boost reporting of financial crimes
November 28, 2025
KINGSTON, Jamaica — Three of Jamaica’s key law-enforcement bodies have joined forces on a new public-education campaign aimed at strengthening the cou...
{"jamaica-observer":"Jamaica Observer"}
Entrepreneur Donovan Lewis inspires STGC students at boardroom meeting
Business, Latest News
Entrepreneur Donovan Lewis inspires STGC students at boardroom meeting
November 28, 2025
An unrelenting mindset was among key attributes highlighted by noted investment and wealth manager Donovan Lewis when members of the St George’s Colle...
{"jamaica-observer":"Jamaica Observer"}
Sandals Foundation, RUBiS energy aid Westmoreland fishers in post-Hurricane recovery
Latest News
Sandals Foundation, RUBiS energy aid Westmoreland fishers in post-Hurricane recovery
November 28, 2025
WHITEHOUSE, Westmoreland — More than 100 fishers in the Whitehouse and Old Bay fishing communities are closer to resuming their livelihoods following ...
{"jamaica-observer":"Jamaica Observer"}
Tech Beach Retreat cancels flagship event to focus on hurricane recovery
Latest News, News
Tech Beach Retreat cancels flagship event to focus on hurricane recovery
November 28, 2025
KINGSTON, Jamaica — Tech Beach Retreat (TBR), the premier technology and innovation platform founded in Jamaica, has announced the cancellation of its...
{"jamaica-observer":"Jamaica Observer"}
Holness hits back at criticisms of gov’t distribution of donated generators
Latest News
Holness hits back at criticisms of gov’t distribution of donated generators
November 28, 2025
KINGSTON, Jamaica — Prime Minister Andrew Holness is hitting back at recent criticisms surrounding the distribution of donated generators by the gover...
{"jamaica-observer":"Jamaica Observer"}
UDC reaffirms its commitment to national recovery as Christmas approaches
Latest News, News
UDC reaffirms its commitment to national recovery as Christmas approaches
November 28, 2025
KINGSTON, Jamaica — The Urban Development Corporation (UDC) says it is reaffirming its commitment to maintaining safe, reliable, and uplifting public ...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct