U.S. sportswear giant Nike extended its contract with the Korean Football Association (KFA) Tuesday, signing a four-year, 25 billion won ($27 million) deal for the rights to supply the national football team's uniforms.

U.S. sportswear giant Nike extended its contract with the Korean Football Association (KFA) Tuesday, signing a four-year, 25 billion won ($27 million) deal for the rights to supply the national football team's uniforms.

Under the new contract, which goes into effect next year, Nike will also provide 24 billion won worth in sporting products and allow national team players to use cleats from other brands, the KFA said. Nike had paid the KFA a total of 15 billion won ($16.3 million) for a five-year contract that expires on Dec. 31.

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As the 2006 FIFA World Cup approaches, sporting goods company Adidas unveiled two giant interactive multimedia orbs equipped with vanguard technology and featuring a stunning design.

The main concept behind the Adidas Eye Ball was to bring the brand closer to football's biggest asset -- the fans -- and reinforce its status as one of the competition's main sponsors.

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