Real Madrid Agree to Record-Breaking €1.1 Billion ($1.2 Billion USD) Deal With adidas

Elite Spanish football club Real Madrid and sportswear giant adidas have reportedly agreed to a sponsorship deal worth €1.1 Billion ($1.2 Billion USD). According to reports, the deal is set for 10 years with each year worth €110 million ($125 million USD) -- Los Blancos's current deal is worth €52 million ($59 million USD) and the agreement is a renewal of contracts as the Three Stripes have been sponsoring the club since 1998. In relation to other large sportswear and sports league contra...