diff --git a/SPONSORSHIP.md b/SPONSORSHIP.md
index 1e27bee5..6e4e9846 100644
--- a/SPONSORSHIP.md
+++ b/SPONSORSHIP.md
@@ -21,17 +21,17 @@ Your sponsorship puts your product in front of developers at the exact moment th
 
 ## Sponsorship Tiers
 
-### Headline Sponsor - $500/month
+### Headline Sponsor - $500/month or $4,500/year
 
 - Large logo and one-line description (max 120 characters) pinned at the very top of the README, above all project entries
 - Logo link in the sponsor section of [awesome-python.com](https://awesome-python.com/)
 
-### Featured Sponsor - $200/month
+### Featured Sponsor - $200/month or $1,800/year
 
 - Text entry (`[Name](URL) - Description.`, max 120 characters) pinned at the top of the README, directly below Headline sponsors
 - Text link in the sponsor section of [awesome-python.com](https://awesome-python.com/)
 
-### Indie Dev Sponsor - $99/month or $249/quarter
+### Indie Dev Sponsor - $99/month, $249/quarter, or $891/year
 
 - Lower-cost tier for indie developers, solo founders, and one-person companies only
 - Text entry (`[Name](URL) - Description.`, max 120 characters) in the README sponsor section, directly below Featured sponsors
@@ -43,9 +43,9 @@ Indie Dev Sponsor is available only to founder-led (one-person company) products
 
 Email [sponsorship@awesome-python.com](mailto:sponsorship@awesome-python.com?subject=Awesome%20Python%20Sponsorship) with:
 
-- **Tier:** Headline Sponsor ($500/mo), Featured Sponsor ($200/mo), or Indie Dev Sponsor ($99/mo or $249/quarter)
+- **Tier:** Headline Sponsor ($500/mo or $4,500/year), Featured Sponsor ($200/mo or $1,800/year), or Indie Dev Sponsor ($99/mo, $249/quarter, or $891/year)
 - **Content:** Product name, URL, logo, and description (Headline tier) or `[Name](URL) - Description.` entry (Featured or Indie Dev tier)
-- **Duration:** 1, 3, 6 months, or longer
+- **Duration:** 1, 3, or 6 months, or 1 year (3 months free)
 - **Payment method:** card via [Open Collective](https://opencollective.com/awesome-python), US bank transfer (ACH/wire), or PayPal
 
 One upfront payment per term. Setup takes less than 24 hours.
diff --git a/website/templates/sponsorship.html b/website/templates/sponsorship.html
index 2c7de2fc..d7904baf 100644
--- a/website/templates/sponsorship.html
+++ b/website/templates/sponsorship.html
@@ -115,7 +115,7 @@
           <p class="tier-eyebrow">Headline Sponsor</p>
           <p class="tier-price">
             <span class="tier-amount">$500</span>
-            <span class="tier-cadence">/ month</span>
+            <span class="tier-cadence">/ month or $4,500 / year</span>
           </p>
           <p class="tier-summary">
             Logo pinned at the top of the README. Logo on the website.
@@ -138,7 +138,7 @@
           <p class="tier-eyebrow">Featured Sponsor</p>
           <p class="tier-price">
             <span class="tier-amount">$200</span>
-            <span class="tier-cadence">/ month</span>
+            <span class="tier-cadence">/ month or $1,800 / year</span>
           </p>
           <p class="tier-summary">
             Text link pinned at the top of the README. Text link on the website.
@@ -162,7 +162,7 @@
           <p class="tier-eyebrow">Indie Dev Sponsor</p>
           <p class="tier-price">
             <span class="tier-amount">$99</span>
-            <span class="tier-cadence">/ month or $249 / quarter</span>
+            <span class="tier-cadence">/ month, $249 / quarter, or $891 / year</span>
           </p>
           <p class="tier-summary">
             Lower-cost text link for eligible indie developers and solo
@@ -238,8 +238,9 @@
         <div>
           <dt>Tier</dt>
           <dd>
-            Headline Sponsor ($500/mo), Featured Sponsor ($200/mo), or Indie Dev
-            Sponsor ($99/mo or $249/quarter).
+            Headline Sponsor ($500/mo or $4,500/year), Featured Sponsor
+            ($200/mo or $1,800/year), or Indie Dev Sponsor ($99/mo, $249/quarter,
+            or $891/year).
           </dd>
         </div>
         <div>
@@ -252,7 +253,7 @@
         </div>
         <div>
           <dt>Duration</dt>
-          <dd>1, 3, 6 months, or longer.</dd>
+          <dd>1, 3, or 6 months, or 1 year (3 months free).</dd>
         </div>
         <div>
           <dt>Payment method</dt>