Rex Features
The contract, which will see Live Nation handle merchandising, licensing, ticketing, recording and touring for the band, is said to be worth between $50 million (£25 million) and $70 million (£35 million).
The Chad Kroeger-fronted act have shifted more than 26 million albums in their 12-year recording career. Their hits include 'How You Remind Me', 'Someday' and 'Rockstar'.
Popstar Shakira was also a recent addition to the Live Nation roster, which includes U2, Madonna and Jay-Z.
