Your question: Why is Nike not sponsoring India?

Why did Nike stop sponsoring Team India?

“No sporting apparel major was ready to pay that kind of money that Nike paid in current economic climate (due to COVID-19). “One of the major reasons being merchandise items being very costly for common public,” the source said.

Did Nike stop sponsoring India?

MPL Sports deal three-year agreement will be from November 2020 to December 2023. … BCCI’s release was, however, silent about the financial part of the agreement.

Is Virat Kohli sponsored by Nike?

An Indian Express report says that Nike had entered into a contract with Virat Kohli from 1 January 1, 2007 to 31 December 31, 2007. The deal was renewed for the period between 1 August 2008 and 31 July, 2013 for exclusive endorsement rights. According to The Hindu, Kohli was paid Rs.

Who is brand ambassador of Nike?

Indian footballer and Nike brand ambassador Baichun Bhutia spins a football at the launch of the “Total 90” range of football products in Mumbai, 03…

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