Snapshot
April 13, 2015

Pepsi signs on as official sponsor for National Basketball Association (NBA)

Participating in this sponsorship deal:

Pepsi logo Open uri20141112 64162 izwz7i?1415806587

About Sponsor:

Pepsi is a carbonated soft drink that is produced and manufactured by PepsiCo. Created and developed in 1898 and introduced as "Brad's Drink", it was later renamed as Pepsi-Cola on June 16, 1903. Pepsi was first introduced as "Brad's Drink" in New Bern, North Carolina, United States, in 1898 by Caleb Bradham, who made it at his home where the drink was sold. It was later labeled Pepsi Cola, named after the digestive enzyme pepsin and kola nuts used in the recipe.

About Property:

The National Basketball Association (NBA) is the pre-eminent men's professional basketball league in North America. It consists of thirty franchised member clubs, of which twenty-nine are located in the United States and one in Canada. It is an active member of USA Basketball (USAB), which is recognized by the International Basketball Federation as the National Governing Body (NGB) for basketball in the United States. The NBA is one of the four major North American professional sports leagues.

Read More
The food and beverage giant will announce later today that it is set to become the National Basketball Association’s exclusive food and beverage partner in North America starting next season, upending a relationship that the league has had with Coca-Cola since 1986.
Read more at fortune.com »
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