Cristiano Ronaldo signs ‘£1BILLION lifetime contract with Nike’ only days after agreeing £500,000 a week Real Madrid contract.
A spokesperson for Nike told SunSport: "The successful partnership between Nike and Cristiano Ronaldo will continue well into the future with a new, long-term contract.
"Ronaldo is having yet another incredible year, for both club and country, and is unquestionably an icon of the game. He transcends football and is the most popular athlete on social media and the most famous athlete in the world."
Although the corporation has refused to confirm the £1billion figure, website TMZreports that it follows similar negotiations to LeBron James' lifetime contract, worth in excess of £1billion.
The Portuguese star's new deal at the Bernabeu will take him to 2021, when he will be 36.
He is expected to pocket £225m for the duration. It's no surprise Forbes listed him as the highest grossing athlete for 2016 as he collected in £71million.
And the three-time Ballon d’Or winner insists he still wants to carry on playing after his new contract runs out.
He said: “I don’t know the future.
"I know this is my penultimate contract. After that, I don’t know.
"I don’t know at what age I’ll stop."
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