INNSBRUCK, Austria – McDonald's Corp. has renewed its sponsorship of the Olympic Games through 2020, the company announced on Jan. 13. The deal is valued at about $200 million based on what sponsors have paid in the past, according to Reuters.

McDonald's is the seventh major company to support the Olympics until 2020. The company will have four restaurants in Olympic Park and roughly 2,000 employees worldwide will work the London 2012 Games.

McDonald's has been a sponsor since 1976.