Cristiano Ronaldo Jeopardizes Nike Sponsorship with Own CR7 Footwear Line

Following the announcement of Cristiano Ronaldo‘s signature Nike Mercurial Superfly CR7 with the Swoosh, the international soccer star has also unveiled a casual and formal footwear line bearing the same CR7 name (check it out at CR7Footwear.com). Nike has responded negatively to Ronaldo’s new footwear line due to a conflict of interest and has delivered an ultimatum to the soccer star to drop his newly launched casual footwear CR7 brand or have his sponsorship with Nike void. Worth a significant €9 million EUR a year (approximately $10.2 million USD), Ronaldo’s exclusive contract with Nike puts the Real Madrid forward in a choosy dilemma. Although reports expect Ronaldo to eventually side with Nike and cease his CR7 footwear line, Ronaldo has yet to officially make a decision regarding the matter. Stay tuned for further news.