The New Zealand Rugby Union has ended a two-decade long commercial relationship with Coca-Cola by signing a deal with Pepsi.
The new five-year partnership will see the All Blacks linked to Gatorade, rather than Coca-Cola owned Powerade, the rugby union said in a statement. NZRU first signed a sponsorship deal with Coca-Cola in 1995, and it was last renewed in 2012.
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No financial details of the deal have been released. The most recent set of accounts published by the NZRU for calendar 2014 show it had commercial income of just over $87 million dollars, just under 75 percent of its total income of $121 million dollars.
NZRU chief executive Steve Tew said "we were looking for an instantly recognisable, global brand with the scale to help us increase the profile of the New Zealand game and our teams overseas so a partnership with Gatorade made sense on many levels".