Nike will pay Real Madrid star Cristiano Ronaldo six million euros per year until 2014 under a new sponsorship deal it has reached with the Portuguese winger. The 25-year-old earned 4.5 million euros under his previous contract with the world's largest sporting goods maker.
Whilst the new deal makes Ronaldo the best paid footballer of those which Nike sponsors, the amount he makes is still lower than that dished out to other athletes, such as basketball stars Kobe Bryant and LeBron James of the NBA. Bryant, who plays for the L.A. Lakers, earns 7.5 million euros a year while James, who plays for Cleveland, earns nine million euros per year.
Apparently there were attempts by Adidas to lure Ronaldo away however Nike stepped up its negotiations. Also recently Nike erected a 10 metre statue of the footballer in Madrid. The statue of the world's most expensive player is 10 metres in height and silver in colour, featuring the player standing over a football. The Plaza de Ramales was renamed the 'Praça de Ronaldo' for the duration of the day
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