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Nike, McIlroy Near Blockbuster Deal

Warren Little

Rumors are roiling that Rory McIlroy will sign a whopping $250 million deal with Tiger Woods’ deep-pocketed endorser, Nike, when the reigning PGA champ’s Titleist contract expires at the end of 2012. So, perhaps the 14-time major winner was wooing the young Ulsterman into the swoosh structure during those many head-to-head match-ups toward the end of the regular PGA Tour season.

The Irish Times reported Saturday that McIlroy was likely to ink a 10-year pact with a value close to what Nike pays its current cash cow, Woods. The story added specifics to speculation that has swirled for some time, heated up in the past few months, and which McIlroy’s agent Conor Ridge has done little...

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