• World No.1 Jason Day signs big-money Nike Golf deal
• The Aussie will wear Nike shoes and apparel - including cap
• He will earn more than $10m per year, according to ESPN
Nike has signed world No.1 Jason Day to wear its shoes and apparel – including cap – according to ESPN’s Darren Rovell.
Following on from the news last month that Nike would be pulling out of the golf equipment industry, that freed up funds to recruit the Aussie and, although terms of the deal weren't disclosed, it is understood that he will be earning more than $10m per year.
adidas Group announced in May that it was selling 'most of its golf division' of TaylorMade, Ashworth and Adams, raising question marks over the long-term futures of the likes of Day, Dustin Johnson and Justin Rose.
Rovell reports, however, that Day has also re-signed with TaylorMade as he is happy with their gear, which he used en route to breaking his major duck at the US PGA Championship last August.
The signing of Day comes at a great time for Nike with the return of Tiger Woods at next month’s Safeway Open and the resurgence of Rory McIlroy, who won the Deutsche Bank Championship last week after a lean season on the PGA Tour.
Not since McIlroy at the 2014 Open Championship has Nike had a major winner, the longest drought since 2003-04.
Jason Day to Nike Golf - your thoughts
What are your thoughts on Jason Day's move to Nike? Do you think that the world No.1 will continue to play with TaylorMade clubs? Tell us what you think about the Aussie's swtich in the 'Comments' section below.