Ronaldo has recently become the highest paid footballer in the world after signing a new contract with Real Madrid which will fetch him £285,000 a week, after tax deduction.
Ronaldo currently has a £5 million per year agreement with Nike until 2014 which is expected to increase to £8 million when he signs a new contract the next five years.
The 28-year-old will become the global face of Nike much like NBA legend Michael Jordan.
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