Major League Baseball announces a five-year deal, which will generate more than $500 million in revenue, for apparel and headwear global licensing rights. The seven companies involved in the deal include Majestic Athletic, New Era Cap, Twins Enterprises, Nike USA, Dynasty Apparel Industries, Drew Pearson International, and VF Imagewear.

On August 4, 2003 — Major League Baseball announces a five-year deal, which will generate more than $500 million in revenue, for apparel and headwear global licensing rights. The seven companies involved in the deal include Majestic Athletic, New Era Cap, Twins Enterprises, Nike USA, Dynasty Apparel Industries, Drew Pearson International, and VF Imagewear.

Source:
Baseball Reference August 4
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