Tuesday, April 10, 2007

Park's new Nike contract tipped as Korean record

South Korean midfielder Park Ji-sung of English Premier League club Manchester United is negotiating a long-term contract with leading global sports brand Nike. Park is extending his contract with Nike until the year 2017, which should cover the life of his career. Nike has contracts with other top soccer players including Ronaldinho of FC Barcelona and Wayne Rooney of Manchester United but long-term contracts are rare. "Once the deal is signed, Park will receive over W600 million (US$1=W933) a year for a total of more than W6 billion in 10 years. It will be the biggest sponsorship contract in Korean sports history," Chosun newspaper reported. Park's long-term contract with Nike will be a Korean first. He will be 38 years old in 2019, which should be his retirement age considering that he is a hard-working midfielder.

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