Cr7 nike new deal

You're referring to Cristiano Ronaldo's new deal with Nike!

In November 2020, Cristiano Ronaldo signed a new deal with Nike, reportedly worth $1 billion over five years. This massive contract extension cemented his status as one of the highest-paid athletes in the world.

Here are some key details about the deal:

1. Duration: The contract runs from 2020 to 2025, covering the next five years of Ronaldo's playing career.
2. Value: The deal is reportedly worth $1 billion, making it one of the most lucrative endorsement deals in sports history.
3. Merchandise: As part of the deal, Nike will produce a range of CR7-branded merchandise, including shoes, apparel, and accessories.
4. Marketing: The partnership will also include extensive marketing campaigns, featuring Ronaldo as the face of Nike's global brand.
5. Performance bonuses: The deal includes performance-based bonuses, which will be triggered if Ronaldo meets certain targets, such as winning the Ballon d'Or or leading his team to major tournament success.

This new deal solidifies Ronaldo's status as one of the most marketable athletes in the world, and it's expected to have a significant impact on the sports industry as a whole.