Monday, 14 January 2013

McIlroy signs multi-year deal with Nike (Reuters)

Irish golfer Rory McIlroy, currently ranked world number one, watches Denmark's Caroline Wozniacki during her first round match against Poland's Urszula Radwanska at the Sydney International tennis tournament January 6, 2013. REUTERS/David Gray

ABU DHABI (Reuters) - World number one golfer Rory McIlroy has signed a "multi-year" sponsorship agreement with U.S. sportswear giant Nike, the company said on Monday at a joint news conference with the Northern Irish athlete. Commercial terms were not disclosed but the deal is reported to be worth as much as $250 million over 10 years, one of the most lucrative in global sports. It means McIlroy will endorse a range of Nike golfing equipment including clubs, clothing and footwear. (Reporting by Matt Smith in Abu Dhabi; writing by Keith Weir in London, 44 20 7542 8022)




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