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MarketScreener Homepage  >  Equities  >  Nyse  >  NIKE, Inc.    NKE

NIKE, INC.

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Cricket-BCCI names MPL Sports as India's new kit sponsor until 2023

11/17/2020 | 04:18am EST

Nov 17 (Reuters) - Mobile Premier League's sports merchandise brand MPL Sports will be the new sponsor of kit for the Indian cricket team under a three-year deal until 2023, the country's cricket board (BCCI) announced on Tuesday.

The agreement will run from this November to December 2023, replacing sportswear giant Nike whose five-year extension signed in 2016 ended this year.

Under the partnership, MPL Sports will provide kits for the men's, women's and Under-19 Indian teams and it will also be allowed to sell licensed Team India merchandise.

"We look forward to MPL Sports adding a new chapter to the team's kit, and bring official BCCI licensed merchandise within easy and convenient reach for the billion-plus fans who cheer for Team India," BCCI president Sourav Ganguly said in a statement.

The association will begin this month with India's tour of Australia, where they are set to play three one-day internationals, three Twenty20 matches and four tests.

MPL, a mobile e-sports platform, is the second fantasy league company to come on board with the BCCI after Dream 11 were chosen as the main sponsor of the Indian Premier League for its recently concluded 2020 edition. (Reporting by Rohith Nair in Bengaluru Editing by Robert Birsel)


© Reuters 2020
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Financials (USD)
Sales 2021 43 136 M - -
Net income 2021 4 852 M - -
Net Debt 2021 793 M - -
P/E ratio 2021 46,3x
Yield 2021 0,73%
Capitalization 222 B 222 B -
EV / Sales 2021 5,16x
EV / Sales 2022 4,62x
Nbr of Employees 75 400
Free-Float 80,4%
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NIKE, Inc. Technical Analysis Chart | NKE | US6541061031 | MarketScreener
Technical analysis trends NIKE, INC.
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TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 34
Average target price 161,73 $
Last Close Price 140,72 $
Spread / Highest target 31,5%
Spread / Average Target 14,9%
Spread / Lowest Target -19,7%
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Managers and Directors
NameTitle
John J. Donahoe President, Chief Executive Officer & Director
Mark G. Parker Executive Chairman
Andrew Campion Chief Operating Officer & Executive Vice President
Matthew Friend Chief Financial Officer & Executive Vice President
Philip Hampson Knight Chairman-Emeritus
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