The new deal, which was officially announced last night, was warmly welcomed by Ea Lla Koto general manager Rantsi Mokoena.
"Free State Stars would like to express its gratitude and appreciation to Mr Price Sport and Maxed for their decision to join the exciting football industry through entering into a relationship with Free State Stars.
"We would like to welcome you into soccer and we trust that the next three years will be filled with excitement and great success between the two companies."
Mokoena says he hopes Maxed will be a hit with Free State Stars' players and supporters.
"We are proud that we are the first professional soccer team to wear the Maxed product. Maxed have developed a high-tech jersey for the team and the players cannot wait to wear it in their first game against SuperSport United in the MTN8."
Mr Price Sport managing director Clint Larsson says the partnership heralds a new era of involvement in South African football for the Mr Price Group.
"It is an honour and privilege for Mr Price Sport to be associated with a great football team such as Free State Stars who have established a long and distinguished legacy in South African football.
"We trust that our Mr Price Sport core values of passion, value and partnership will be reflected in our sponsorship of the Free State Stars and we look forward to assisting the team to achieve their soccer dreams."