They were to going to break the deal, but Nike put a millionaire offer on the table that Barcelona could not reject

Marca reports that FC Barcelona is set to sign a historic contract with Nike, and the talks are very advanced. Nike and FC Barcelona are set to sign a contract that will give the club $128 million per year for the next ten years. The total amount the Catalan club will receive from this deal is $1.28 billion, and a signing bonus of $106 million.

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The current deal with Nike pays FC Barcelona around $93 million per year. Nike and Barcelona have been together since 1998, and the Catalan club was considering choosing another brand since their desire for bigger pay was not being met or negotiated. Brands like Puma and Adidas have reportedly been linked to the club as the new sponsor for the kits in the next few seasons. FC Barcelona's current contract with Nike expires in 2029.

FC Barcelona will have another artist sponsor on their shirts for the next El Clasico match against Real Madrid. After having Drake, Rosalia, and the Rolling Stones, the club will now have the Karol G logo on their shirts. According to FC Barcelona shirt collectors, FC Barcelona collection.com, the official price for this jersey is $426.81.

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FC Barcelona planned to create their own brand

A few months ago, many Spanish reports suggested that FC Barcelona and Nike's partnership was falling apart, which gave the club president Joan Laporta an idea. Sport reported that FC Barcelona would terminate its contract with Nike and create Barça’s own brand to manufacture the jerseys. This meant that the club would sponsor itself and keep 100% of the profits.