Sports apparel giant Adidas announced on March 16 it isn't renewing its contract with the National Basketball Association. The deal is set to expire after the 2016-17 NBA season.

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San Antonio Spurs v Denver Nuggets DENVER, CO - JANUARY 20: Detail photo of the shoes of San Antonio Spurs as he faces the Denver Nuggets at Pepsi Center on January 20, 2015 in Denver, Colorado. The Spurs defeated the Nuggets 109-99. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Doug Pensinger/Getty Images)



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