The deal will begin in the 2018-19 season and is worth an estimated $1bn. The FA plans to invest the money in pitches, facilities and participation programmes.
FA chief executive Martin Glenn said: "It is not overstating it to say that it could have a transformational impact on what we are able to achieve across the country.
"It also underlines the global popularity of the Emirates FA Cup. With its history and tradition, it has the remarkable ability to create fantastic stories and inspire fans, players and clubs to believe anything is possible".