Chipotle Mexican Grill shares rose 5.4 percent to $584.83 Tuesday, a day after the restaurant chain said it has reached a deal to be the official fast-casual restaurant for Major League Soccer.

The sponsorship will be Chipotle’s largest single sports partnership and will feature promotional programs with 12 teams, individual players and programs across the entire league.

Chipotle, which opened with one restaurant in 1993, now operates about 1,600 restaurants.