NIKE-NFL Partnership Renewal Fuels Nearly 3% Rise in NKE Shares

NIKE Inc. (NKE) shares rose 2.8% yesterday following the announcement of a transformative 10-year extension to its longstanding partnership with the National Football League (“NFL”). The renewed agreement solidifies their commitment to advancing football through growth, innovation and progress.Through the deal, NIKE is set to redefine its role in the game and further strengthen its alliance as the exclusive provider of uniforms, sideline gear and performance apparel for all 32 NFL teams for over a decade. F ...