Tottenham may be currently superior on the pitch but Manchester United will have the edge off it.
The paper claim chairman Daniel Levy wants the income to even top this figure, which is as much as Chelsea currently receive.
Spurs currently earn £10 million per year from their current deal with Under Armour. This is currently below what West Ham earn from Umbro, £20 million per season.
The deal would be overshadowed by Manchester United's whopping deal with Adidas, worth £75 million per year.
United's previous deal with Nike, which ended in 2015, was worth £24 million per season.
Rivals Arsenal left Nike two seasons ago to sign a deal with Puma, with the current deal worth £30 million annually, while Liverpool recently agreed a deal with US firm New Balance, which will see them net £25 million.
The Mail reported this week that Barcelona are seeking to negotiate a new deal worth £50 million per year, while The Telegraph reported Real Madrid's upcoming deal with Adidas could be worth £100 million annually.