Nike (NKE) unveils its new NFL uniforms under a five-year licensing deal, and the internet went...

|About: Nike Inc. (NKE)|By:, SA News Editor

Nike (NKE) unveils its new NFL uniforms under a five-year licensing deal, and the internet went wild. Though Nike had deals with individual teams in the past, this will be the first time it has a deal with the whole league; reports suggest it paid ~$1.1B for the rights. Demand for NFL products contributed as much as five points to NKE’s FQ3 North American orders.