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Rory McIlroy agrees staggering $100m deal with Nike

By Jim Gracey

Rory McIlroy is set to earn an eye-watering $100million (£80 million) over the next 10 years from an extended sponsorship contract with Nike.

The 27 year old four times Major winner from Holywood is already estimated to be worth £106million, according to the Irish Sunday Independent Rich List published yesterday.

And he could earn even more outside of the new Nike deal. The sports gear manufacturer ceased producing golf clubs last year, leading to speculation his association with the US firm would end when his contract ran out. Instead the opposite has happened with a new Nike deal for attire, leaving the world No2 golfer free to negotiate further contracts with equipment companies.

It's another major boost for McIlroy ahead of this week's US Masters tournament his heart is set on winning.

"I've loved this company since I was a kid. I'm really happy to continue this journey with Nike," said McIlroy in a statement released by Nike last night.

McIlroy is currently in 125th place on Ireland's Rich List.

He is the world's 17th highest-paid athlete, according to the Forbes business bible, earning over £34m before tax from winnings and sponsorship last year.

He also has lucrative deals with Bose, Omega and Upper Deck. He drives a £325,000 Lamborghini Aventador and has a £8.5m home in Palm Beach, Florida, as well as property in Dubai and Northern Ireland.

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