NBA owners approved uniform advertising beginning in the 17-18 season on Thursday evening.

Ads will be placed on the upper left portion of the jerseys. The sponsored version of the jerseys will not be available for retail.

The NBA first had ads on jerseys during this year's All-Star Game.

The initial proposal to owners was for teams to keep 50 percent of the sponsorship money from the jersey ads and for 50 percent to be added to the revenue-sharing pool for all teams.