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Warriors, IREN set sponsorship deal record with annual $50 million pact: report

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Warriors, IREN set sponsorship deal record with annual $50 million pact: report

The Golden State Warriors will have a new company patch on their jerseys, and it will set a new precedent in the sponsorship deal space.

IREN, an Australian-founded vertically integrated AI cloud provider, will have its brand on the jerseys beginning with the 2026-27 season after a deal reportedly worth more than $50 million a year.

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The financial terms, first reported by Sportico, make it the largest sponsorship deal in North American sports.

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Draymond, Steph, Jimmy Butler

The Golden State Warriors will have an Iren patch on their jerseys beginning the 2026-27 season. (Iren / Fox News)

The deal is with the Golden State Group, the parent holding company that owns and operates the Warriors, the WNBA’s Golden State Valkyries, and the NBA G League’s Santa Cruz Warriors, among others.

“The Warriors jersey badge is our most visible global platform, and finding a partner that shares our vision for both innovation and community engagement was paramount,” Golden State Chief Commercial Officer Mike Kitts said in a press release. “IREN is committed to powering the future of technology, education and local impact, and aligns perfectly with our goals as we look to push the boundaries of innovation on a global scale and create a lasting legacy across the Bay Area and beyond.”

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“What makes Golden State special is the platform they’ve built: championship performance, a category-defining business and a deep commitment to community, all reinforcing each other over time,” said IREN Co-Founder and Co-CEO Daniel Roberts. 

Golden State jersey

The deal is reportedly worth over $50 million annually, making it the largest sponsorship deal in North American sports. (Iren / Fox News)

“At IREN, we think about our business through a similar lens. We own and operate the full infrastructure stack: power, data centers and compute. That vertical integration allows us to serve the world’s most demanding AI workloads and invest in the communities that support us. This partnership brings together two organizations focused on execution, sharing a commitment to the people and the city building what comes next.”

In addition to the Warriors’ jersey badge, the partnership includes IREN’s designation as the Official AI Cloud Partner of Golden State, branding on warm-ups for the WNBA’s Valkyries and the Santa Cruz Warriors’ jerseys, prominent visibility throughout San Francisco’s Chase Center, and presenting sponsorship of the Warriors’ annual City Edition platform.

Stephen Curry

Golden State Warriors guard Stephen Curry smiles at the end of the third quarter of his NBA basketball game against San Antonio Spurs in San Francisco, Calif. Saturday, Dec. 4, 2021. (Stephen Lam/The San Francisco Chronicle via Getty Images / Getty Images)

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IREN delivers GPU clusters for AI training and inference to customers in the Bay Area and around the world. It has secured more than five gigawatts of power around the world to support AI training and inference workloads and is focused on building the infrastructure that enables the next generation of technological advancement.

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Serbia President Vucic says to resign within weeks, one year before end of mandate

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Serbia President Vucic says to resign within weeks, one year before end of mandate


Serbia President Vucic says to resign within weeks, one year before end of mandate

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Qamar Zaman & Rene Perras Podcast releases an AI SEO For Lawyers Episode

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A Near-Perfect And Simple Retirement Dividend Growth Portfolio

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A Near-Perfect And Simple Retirement Dividend Growth Portfolio

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Samuel Smith has a diverse background that includes being lead analyst and Vice President at several highly regarded dividend stock research firms and running his own dividend investing YouTube channel. He is a Professional Engineer and Project Management Professional and holds a B.S. in Civil Engineering & Mathematics from the United States Military Academy at West Point and has a Masters in Engineering with a focus on applied mathematics and machine learning. Samuel leads the High Yield Investor investing group. Samuel teams up with Jussi Askola and Paul R. Drake where they focus on finding the right balance between safety, growth, yield, and value. High Yield Investor offers real-money core, retirement, and international portfolios. The services also features regular trade alerts, educational content, and an active chat room of like minded investors. Learn more

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Exclusive-China’s Geely to ship first Lotus EVs to Canada in July under Carney-Xi deal, ambassador says

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Exclusive-China’s Geely to ship first Lotus EVs to Canada in July under Carney-Xi deal, ambassador says

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W.W. Grainger Stock: Great Company, At A Bad Price (NYSE:GWW)

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W.W. Grainger Stock: Great Company, At A Bad Price (NYSE:GWW)

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I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company’s financials, and ultimately, most often revealed by a DCF model valuation. This methodology doesn’t limit an investor into rigid traditional value, dividend, or growth investing, but rather accounts for all of a stock’s prospects to determine the risk-to-reward.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Senior US officials frustrated by Machado bid to return to Venezuela after quakes, White House official says

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Senior US officials frustrated by Machado bid to return to Venezuela after quakes, White House official says


Senior US officials frustrated by Machado bid to return to Venezuela after quakes, White House official says

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Beijing investigating rare light aircraft crash which killed pilot, injured 13

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Beijing investigating rare light aircraft crash which killed pilot, injured 13


Beijing investigating rare light aircraft crash which killed pilot, injured 13

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US close to allowing Anthropic to restore Fable 5 model, Axios reports

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Eagle Point Credit: I Avoid Common Stock For Now, Focus On Senior Securities (NYSE:ECC)

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Pearl Diver Credit: Preferred Stock Is The Way To Go (NYSE:PDCC)

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The Investment Doctor is a financial writer, highlighting European small-caps with a 5-7 year investment horizon. He strongly believes a portfolio should consist of a mixture of dividend and growth stocks.
He is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on high-quality ideas in the small-cap space, with emphasis on capital gains and dividend income for continuous cash flow. Features include: two model portfolios – the European Small Cap Ideas portfolio and the European REIT Portfolio, weekly updates, educational content to learn more about the European investing opportunities, and an active chat room to discuss the latest developments of the portfolio holdings. Learn more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ECC.PR.D either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I currently have no position in the common stock, but will keep an eye on it.

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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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