The owners of National Football League franchises will be presented with a proposal that will give the league’s apparel and sideline rights to Nike (NKE), CNBC reported.

Nike, Adidas (ADDYY) and Under Armour (UA) all bid for the rights, CNBC reported without naming its sources. The value of the deal is not currently known.

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Reebok, which is now owned by Adidas, reportedly paid $300…

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Proposal to Give NFL Apparel Rights to Nike originally appeared on DailyFinance on Tue, 12 Oct 2010 08:00:00.

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