Under the deal, the Primera Liga will be called Liga BBVA, and the Segunda Liga will become Liga Adelante.
The new deal is reported to be worth around €32 million per year, some of which will be paid directly to the Liga Nacional de Fútbol Profesional (LFP) clubs. Liga BBVA clubs will receive €750,000 each per year, and Liga Adelante clubs will receive €250,000 per year.
Prior to the latest deal, BBVA has been an official partner of the LFP since August 2006.
