Jumeirah Group ends sponsorship with Rory McIlroy

Rory McIlroy
Warren Little/Getty Images
Rory McIlroy is expected to sign an endorsement deal with Nike next week.

DUBAI, United Arab Emirates (AP) -- Jumeirah Group has announced that it is not renewing its five-year sponsorship deal with top-ranked Rory McIlroy amid expectations that the Northern Ireland golf star will sign with Nike next week.

The global luxury hotel company based in the United Arab Emirates signed a five-year deal with McIlroy when he was 18 and was one of his first corporate sponsors.

The announcement allows McIlroy to pursue a lucrative endorsement contract, with strong indications that he will sign with Nike in a deal that one industry observer estimated at $20 million a year. That would give Nike golf's two biggest stars in McIlroy and Tiger Woods, who has been with the swoosh since he turned pro in 1996.

Forecast
PGA Tour News
Trips
Travel & Courses
Lessons
Tips & Videos
The Shop
Equipment News & Reviews