The NBA announced that it has signed an apparel deal with Nike beginning with the 2017-18 season.

The deal is an eight-year partnership. Financial terms were not immediately disclosed, but the deal is worth roughly $1 billion, according to sources, which is approximately a 245 percent annual increase from the previous deal.

Nike’s logo will appear on NBA game jerseys — a first for the league.

Nike scored the official uniform deal with the NFL in 2012 and has extended those rights until the end of the 2019 season.

Behind the scenes, NBA executives and Adidas officials had problems seeing eye to eye, as the Germany-based company still put most of its efforts into soccer. Earlier this year, Adidas dropped a spot in the U.S. sales rankings, as Under Armour became No. 2 in sales behind Nike.

While Adidas officials publicly said that the company’s move into sleeved jerseys was a good one for retail, to make a shirt that was more wearable than a tank top, fans consistently panned the look.

Nike has been a marketing partner of the NBA since 1992, and at retail, produced replica jerseys under the Swingman line.