Warriors Jersey Patch Deal With AI Firm Worth More Than $50M/Year

Warriors Jersey Patch Deal With AI Firm Worth More Than $50M/Year

Sportico.com sports

Key Points:

  • The Golden State Warriors have signed a multiyear jersey sponsorship deal with AI cloud provider Iren, worth over $50 million per year, making it the richest sponsorship agreement in North American team sports history.
  • The partnership covers the entire Golden State organization, including the WNBA’s Golden State Valkyries and the G League’s Santa Cruz Warriors, with Iren branding featured on jerseys, warm-ups, and throughout Chase Center.
  • Iren, an Australian AI data center company that transitioned from bitcoin mining, recently secured a $9.7 billion AI cloud services contract with Microsoft and a deal with Nvidia to advance large-scale AI deployment.
  • The Warriors and Iren plan to collaborate on educational initiatives promoting AI and STEAM literacy, refurbish community basketball courts, and distribute 10,000 jerseys annually to underserved youth in the Bay Area.
  • The Warriors remain a financial powerhouse, leading NBA team valuations at $11.33 billion, with sponsorship revenue nearly double that of any other team, underscoring their strong commercial appeal.

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