24.1 C
Basseterre
Thursday, October 1, 2020
Home Sports Neymar, Nike Part Ways After 15 Years

Neymar, Nike Part Ways After 15 Years

RIO DE JANEIRO, Brazil (AFP) — Nike has parted ways with Neymar, ending one of its highest-profile sponsorship deals a decade and a half after signing the star striker as a 13-year-old prodigy.

“I can confirm Neymar is no longer a Nike athlete,” a spokesman for the US sportswear giant said in an email to AFP on Saturday, without giving details.

Media reports said the 28-year-old Paris Saint-Germain and Brazil talisman was in talks with Nike’s German rival Puma.

“We generally do not comment on rumours,” a spokesman for Puma in Germany responded.

Brazilian news site UOL said Neymar and Nike had failed to reach a deal on how much money he would be paid for renewing his contract.

It said negotiations between the company and the footballer’s agents had run into trouble months ago.

Neymar’s communications team did not immediately respond to a request for comment.

Brazilian newspaper Folha de Sao Paulo said Neymar’s last deal with Nike was an 11-year contract that was set to expire in 2022, worth a total US$105 million.

Neymar, who is fresh off the heartbreak of narrowly losing the Champions League final to Bayern Munich, holds the record for the most expensive football transfer in history.

PSG paid 222 million euros to bring him from Barcelona in 2017.

Forbes magazine, which ranks him the world’s seventh highest-paid celebrity, estimates his earnings for this year at US$95.5 million, including endorsement deals.

Neymar signed his first deal with Nike as a youth standout for Brazilian side Santos, which sold him to Barcelona in 2013.

With his skinny good looks, tattoos, ever-changing hairstyles and huge following on social media, the player soon exploded onto the international scene, dazzling the football world with the skills he honed playing five-a-side “futsal” on the mean streets of suburban Sao Paulo.

But his brand, already blemished by tax fraud allegations over his murky transfer to Barca, was badly dented last year when a Brazilian woman accused him of raping her.

Nike expressed its “deep concern” at the time, but stood by the player after police closed the case, citing a lack of evidence.

Neymar will still wear Nike apparel on the pitch: the company sponsors both PSG and the Brazilian national team.

The company sponsors many of the most iconic names in sports, including Michael Jordan, LeBron James, Cristiano Ronaldo, Serena Williams, Tiger Woods and Rory McIlroy.

Most Popular

PM Harris Announces Border Re-opening

St. Kitts and Nevis (WINN): Prime Minister, Dr. Timothy Harris announced at his press conference on October 1 that St. Kitts and Nevis shall...

Republic of China (Taiwan) Awards Scholarships To 14 Students

By Devonne Cornelius St. Kitts and Nevis (WINN): The Embassy of the Republic of China (Taiwan) awarded 14 persons from St. Kitts and Nevis with...

PM Harris: Reduce, Reuse & Recycle

By Kevon Browne St Kitts and Nevis (WINN): Climate change and the environment was the theme for the Tuesday (September 29) broadcast of Leadership Matters....

Illegal Firearms Collected Through Peace Initiative Destroyed

By Kevon Browne St Kitts and Nevis (WINN): The St. Christopher and Nevis Police Force destroyed 31 illegal firearms that had been collected as part...

Essence of Hope Launches Mammogram Campaign

BASSETERRE, St. Kitts: On the eve of Breast Cancer Awareness Month, the Essence of Hope Breast Cancer Foundation has launched its mammogram campaign. As...

Alphabet Inc’s Google Launches Google TV, New Chromecast

(Reuters) - Alphabet Inc’s Google on Wednesday launched Google TV, which would show content from popular streaming services including Netflix Inc and Walt Disney...

Prosecutor: Breonna Taylor Jury Recordings Delayed To Friday

LOUISVILLE, Ky. (AP) — A Kentucky judge delayed until Friday the release of secret grand jury proceedings in Breonna Taylor’s killing by police, according...

Patriotic Competition Winners Announced

As part of activities planned to commemorate International Day of Older Persons celebrated on October 1st annually, the Department of Community Development and Social...

Minister Grant Underscores Safe Tourism As Country Prepares To Again Welcome Visitors

Basseterre, St. Kitts (SKNIS): Minister with responsibility for Tourism, Transport and Ports, the Honourable Lindsay Grant, has underscored the need for safety as St....

Premier Threatens To Report Governor’s ‘Act of Aggression’ To UN

(BVI News) Premier Andrew Fahie has put Britain on notice that he will be escalating to the United Nations what he described as an...

OPEN IN NEW WINDOW

Contact a Program
If you are interested in a program or advertising, send us a message.
Send Message
Signup for our Newsletter
We'll only be in touch when we've something exciting to share.
We never share your details
No thanks
Subscribe