Nike and FC Barcelona agree $189m deal

Nike and Futbol Club Barcelona today announced a new five-year agreement for $189 million plus bonuses and royalties that extends…

Nike and Futbol Club Barcelona today announced a new five-year agreement for $189 million plus bonuses and royalties that extends their relationship through 2013.

The agreement also includes a possible five-year renewal, which would further extend the relationship through 2018.

More specific terms were not disclosed. Barcelona are the holders of the UEFA Champions League title.

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