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Apparel giant adidas has signed a new sponsorship agreement with North America’s Major League Soccer (MLS) with four years still remaining on the current deal. The eight-year contract, understood to worth more than $200 million, begins with the 2011 season and follows a 10-year, $150-million deal that started in 2005.
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Scotland Yard detectives have found large amounts of cash in the London hotel rooms of several Pakistani cricketers touring England, according to UK newspaper The Independent.
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US-based mixed martial arts company Ultimate Fighting Championship (UFC) has appointed Mark Fischer as its new executive vice president and managing director for Asia.
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The Local Organising Committee for the 2014 FIFA World Cup in Brazil has asked Sao Paulo city mayor Gilberto Kassab and Sao Paulo state governor Alberto Goldman to consider a new stadium option for the tournament’s opening game.
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The Royal Bank of Scotland (RBS) has ended its sponsorship of The Open golf championship after nine years.
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National Basketball Association (NBA) team Orland Magic has agreed another corporate sponsorship deal for the new Amway Center. According to the local newspaper Orlando Sentinel, the NBA franchise has inked a five-year deal with insurance provider Geico worth more than $1 million per year.
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Nasser bin Khalifa Al Attiyah, president of Qatar’s Motor and Motorcycling Federation (QMMF), yesterday said the country’s Losail International Circuit is being upgraded in a move to become the third Persian Gulf country to host a Formula One race.
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Discover Financial Services has bought the four-year naming rights to the Orange Bowl, the annual college football game at Sun Life Stadium.
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Compass Group subsidiary Keith Prowse has extended partnerships with four leading English Premier League football clubs.
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Sports network ESPN has acquired the exclusive Caribbean television, internet and mobile rights for the Airtel Champions League Twenty20 in a three-year deal with pan-Asian broadcaster ESPN STAR Sports.
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The Renault F1 Team yesterday announced a partnership with EFG International, a global private banking group, for the remaining races of the 2010 season.
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Munich’s bid to host the Winter Olympic Games in 2018 has welcomed six new corporate partners from the German business community.
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German prosecutors in Bochum yesterday charged two people with fraud after claims they were part of a Europe-wide conspiracy to pay referees and players €350,000 to fix 24 football matches.
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The National Football League inched closer to an 18-game schedule yesterday after Commissioner Roger Goodell said there is “overwhelming support” to add two games to the schedule.
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Major Arsenal shareholder Stan Kroenke was yesterday approved by National Football League franchise owners as the new majority owner of the St. Louis Rams at a vote conducted in Atlanta.
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Dongfeng Peugeot Citroen Automobile, a joint-venture between French carmaker PSA Peugeot Citroen and China's Dongfeng Motor Corp, has signed a three-year deal to sponsor China’s national badminton team to promote Citroen C5 cars.
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The United States Tennis Association announced consumer electronics giant Panasonic has become an official sponsor of the US Open in a new three-year agreement. Under the deal, the USTA, Panasonic and CBS Sports will spearhead the first ever 3D broadcast of the tournament.
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Football business event Leaders in Football has confirmed all nine bids to host the football World Cup in 2018 or 2022 will be in attendance at this year’s event, held at Chelsea FC on October 6 and 7.
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Sprinter Usain Bolt has extended his sponsorship deal with Puma, Europe’s second-largest sporting-goods maker, until the end of 2013 in what has been reported as the most-lucrative endorsement ever for a track and field athlete.
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Keith Harris, the former Football League chairman and banker who brokered Roman Abramovich’s takeover of Chelsea, claims an overseas buyer is considering making an offer of between £400 million and £500 million for Liverpool.
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Oswald Grubel, chief executive of bank UBS, wanted to sponsor Formula One Sauber team and not Formula One as a whole, according to Swiss newspaper Blick.
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The National Basketball Association and Shanghai Film Group, the largest movie company in China, yesterday announced a partnership to produce the first NBA-themed motion picture outside of North America.
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Andy Irvine, the former Scottish international full-back, is to become the first independent chairman of Celtic Rugby, the body which organises and runs the Magners League.
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Temporary and permanent pool manufacturer Myrtha Pools has become an Official Partner of the first World Aquatics Convention, in a deal that it says reinforces its commitment to the International Swimming Federation (FINA) and the development of aquatic sport around the world.
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Formula One has signed Swiss bank UBS as a global partner in a deal it hopes will mark a turnaround following the exit of several financial institutions from the sport due to the economic crisis.
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Companies will spend $600 million sponsoring amateur and professional tennis tournaments in 2010, according to research by IEG. The figure represents a 3.2 per cent increase on 2009 and includes global, national and local deals.
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Over a third of British adults aged 18 to 34 are planning to watch this season's English Premier League on TV outside of their own home, according to research from YouGov/SMG Insight.
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Polish commercial broadcaster Polsat plans to launch a volleyball channel that will be distributed both in Poland and internationally.
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Anheuser-Busch beer brand Budweiser will be a sponsor of Orlando Magic’s new Amway Center after extending its sponsorship deal with the National Basketball Association team.
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Long-time Tampa Bay Buccaneers linebacker and Super Bowl winner Derrick Brooks has been unveiled as an ambassador to Beyond Sport, the global initiative that promotes, develops and funds the use of sport to create positive social change across the world.