LONDON (Reuters) - World number two Rory McIlroy has signed a long-term extension to his contract with Nike ahead of this week's U.S. Masters at Augusta National.
"Looking forward to the next 10+ years as a @nike athlete," the Northern Irishman said on his verified Twitter account.
The world's biggest sportswear maker said last August that it would stop selling golf equipment -- including clubs, golf balls and bags -- to focus on footwear, apparel with the familiar swoosh logo and partnering more golfers.
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The company, which built its golf business on the success of Tiger Woods, gave no details about the deal in a separate statement.
"I've loved this company since I was a kid," it quoted McIlroy as saying. "I'm really happy to continue this journey with Nike."
British media estimated, however, that the new deal could be worth $100 million with the 27-year-old remaining free to negotiate with equipment makers.
McIlroy joined Nike in 2013 on a deal that also covered clubs and the former world number one has since won 12 tournaments, including two major championships. He had been previously sponsored by Titleist.
A first Masters victory, and the coveted green jacket, would make him only the sixth player in history to complete golf's grand slam of major championships.
(Reporting by Alan Baldwin; Editing by John O'Brien)