In what looks like a well-executed steal, PepsiCo signed a five-year corporate sponsorship deal in April with the National Basketball Association, replacing the Coca-Cola Co. — which had a 29-year sponsorship relationship with the NBA — and locking down food and beverage sponsorships for all four major North American professional sports.Although Pepsi’s Gatorade has been the long-standing official sports nutrition drink of the NBA, Coca-Cola has been the primary marketing partner since 1986, promoting its …