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Rory McIlroy Nike deal to net Northern Ireland star millions | Rory McIlroy Nike deal to net Northern Ireland star millions |
(35 minutes later) | |
By Stephen Watson BBC Sport NI | By Stephen Watson BBC Sport NI |
Rory McIlroy is to be unveiled as Nike's new brand ambassador in Abu Dhabi later, making him one of the highest paid sports stars in the world. | Rory McIlroy is to be unveiled as Nike's new brand ambassador in Abu Dhabi later, making him one of the highest paid sports stars in the world. |
The exact detail of the sponsorship may never be revealed, but it has been reported to be worth around $100m (£62m) to $125m (£77m) over five years. | |
That could earn the County Down golfer around $50,000 (£31,000) a day. | That could earn the County Down golfer around $50,000 (£31,000) a day. |
Tiger Woods has been Nike's standard-bearer for the last 16 years, but McIlroy will be paid even more. | Tiger Woods has been Nike's standard-bearer for the last 16 years, but McIlroy will be paid even more. |
Rory is from Holywood, Northern Ireland, but this kind of money is more akin to Hollywood, USA. | Rory is from Holywood, Northern Ireland, but this kind of money is more akin to Hollywood, USA. |
Ahead of the the Abu Dhabi HSBC Golf Championship this week, McIlroy will sit alongside the Nike golf president, Cindy Davis, at a special media conference in the Fairmont Bab Al Bahr Hotel on Monday afternoon. | Ahead of the the Abu Dhabi HSBC Golf Championship this week, McIlroy will sit alongside the Nike golf president, Cindy Davis, at a special media conference in the Fairmont Bab Al Bahr Hotel on Monday afternoon. |
It is only then we will hear why the American sports giant has decided to hand the 23-year-old its biggest ever golf contract. | It is only then we will hear why the American sports giant has decided to hand the 23-year-old its biggest ever golf contract. |
He is currently number one in golf's world rankings. | |
Nike believe he is also the most marketable brand in the sport. | |
The deal will take him into the same league as the top global earners of last year. | |
Making up the top 10 are boxer Floyd Mayweather ($85m), golfers Phil Mickelson ($60m) and Tiger Woods ($56m), tennis player Roger Federer ($51.5m), footballers David Beckham ($46m), Lionel Messi ($41.25m) and Cristiano Ronaldo ($40.25m), basketball players Kobe Bryant ($48m) and LeBron James ($45m), and racing driver Fernando Alonso ($40m) | |
The figures are a combination of salary, bonuses and sponsorship. | The figures are a combination of salary, bonuses and sponsorship. |
McIlroy earned over $13m in prize money last season, and about $12m-$15m in endorsements and appearance money. | |
Dollar signs | Dollar signs |
He is now set to propel himself onto the top earners list, and will be the youngest, highest paid sports star on it. He doesn't turn 24 until May. | |
The dollar signs aren't the most important thing for Rory, he says. | |
As part of a recent BBC NI television documentary, he talked of the "ridiculous" money in golf after he had banked a $3m bonus for finishing runner up in the America Fed Ex Play off series. | |
He said: "I feel very fortunate to be playing a sport in which the monetary rewards are so high. | He said: "I feel very fortunate to be playing a sport in which the monetary rewards are so high. |
"But for me it's not about the money. I have always dreamt of playing golf simply to win big tournaments." | "But for me it's not about the money. I have always dreamt of playing golf simply to win big tournaments." |
Rory has won two Major championship successes in his last two years, but this new multi-million dollar deal will only add to the pressure to deliver even more. |