Nike parts ways with Kylian Mbappé; soccer superstar signs with On

by | Sep 25, 2026 | Business

Nike parts ways with Kylian Mbappé; soccer superstar signs with On

Kylian Mbappé has transitioned from Nike to On in a significant shift in his endorsement portfolio. The Swiss sportswear manufacturer announced the agreement on Friday, with the deal coming after Mbappé’s existing Nike contract concluded in July. On simultaneously announced the appointment of retired French soccer legend Thierry Henry to lead the company’s football division.

According to sources familiar with the negotiations, Nike determined that it had maximized value from Mbappé during his peak years and opted to reallocate its endorsement spending elsewhere. The decision comes as the 27-year-old athlete continues his career with Real Madrid and approaches an age where his market value may shift in relation to the 2030 World Cup. Mbappé’s tenure with Nike began in 2006 when he was a child and spanned nearly two decades, during which he established himself as one of professional soccer’s most prominent figures.

The move represents a strategic expansion for On beyond its traditional running category focus. In his statement, Mbappé emphasized his desire to collaborate on innovation and create something novel with the company. On’s leadership similarly framed the partnership as an opportunity to introduce fresh thinking to soccer rather than replicate existing approaches in the sector.

The transition marks a notable shift in the sponsorship landscape, as Nike has historically dominated soccer endorsements with multiple top-tier athletes. However, analysts have raised questions about the feasibility of On establishing dominance in professional football, noting that the sport represents one of the most expensive sectors to enter and that athletic credibility requires more than prominent athlete partnerships. Nike acknowledged the partnership’s conclusion in a statement expressing pride in their shared accomplishments while wishing Mbappé success moving forward.

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