The Scottish Professional Football League (SPFL), Scotland’s organising body for domestic club soccer, has agreed a two-year extension with Ladbrokes, according to the BBC.
If confirmed, the British bookmaker will continue to be the title sponsor of the country’s top four tiers of the game until 2020.
The BBC reports that the deal is worth UK£5 million (US$6.8 million) over two years, which represents an increase on the annual UK£2 million (US$2.7 million) Ladbrokes is currently paying.
Ladbrokes signed an initial two-year deal with the SPFL in 2015 and penned a one-year extension ahead of the current season. The new agreement is expected to be ratified at an SPFL general meeting next Friday.