Rory McIlroy Signs Nike Deal 'Worth £156m'

Golfer Rory McIlroy has landed a major sponsorship deal with Nike, reportedly worth up to £156m.

The exact value of the agreement may not be revealed when it is formally announced in Abu Dhabi.

But reports say it will earn the 23-year-old anywhere from £62m in a five-year contract to, according to The Sun, as much as £156m over 10 years.

The larger figure would dwarf Tiger Woods' £124m 10-year deal with Nike. It is also significantly bigger than the estimated £100m lifetime deal David Beckham has with Nike's rival, Adidas.

The Northern Irish star, whose girlfriend is Danish tennis player Caroline Wozniacki, has become hot property after winning two of golf's majors in two years, the US Open and the US PGA.

By becoming the face of Nike the player is expected to boost the sportswear firm's sales of clubs, balls and clothing in the US market, where he has a large fanbase.

However, it has been reported the star, whose partnerships have included deals with Santander, will be barred from taking other endorsements as part of the agreement.

McIlroy reportedly earned more than $13m (£8m) in prizes last season, with a further $12-15m (£7.4m-9.3m) in endorsements and appearance payments.

He is currently ranked number one in the world golf rankings, with Woods in second.

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