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Nuggets strike multi-year sponsorship deal with Western Union, will include patches on new jerseys

Related Topics: Western Union, sponsor

The Nuggets and Western Union have agreed to a three-year sponsorship deal that will result in the company’s logo as a patch on the team’s new jerseys, the Nuggets announced Tuesday.

Western Union (NYSE: WU), its global headquarters located in Denver, is the 11th company to sign a jersey sponsorship deal with an NBA team. The league approved the sale of jersey sponsorships last April.

A fresh, new look…

The Nuggets are expected to unveil the new jerseys, produced by Nike, in a news conference later Tuesday morning.

“We are proud to have this new partnership with Western Union who, like the Nuggets, are Colorado-based but with an incredible international presence,” Kroenke Sports and Entertainment CEO Jim Martin said in a statement.