Nike terminated the contract with Neymar after 15 years
Nike has terminated the contract with Brazilian football star Neymar after 15 years. Nike spokesman Josh Benedik confirmed the information to AFP. Nike first signed Neymar at the age of 13. The current contract was due to expire next year. Tensions between the two sides over the financial value of the contract renewal began.
Unable to reach a consensus, sportswear maker Nike announced the cancellation of its long-running sponsorship deal. Nike spokesman Josh Benedick said Neymar was no longer Nike’s athlete.
According to media reports, PSG star Neymar has been in talks with Nike rival Puma. The 26-year-old footballer can sign a contract with a German sports goods manufacturer. However, Puma has not yet commented on the deal.