Republicane
Spirited but Cordial
- Joined
- Nov 2, 2011
- Messages
- 4,499
Miami's payout was said to be low from Nike. **** Oregon only gets paid 2.8 million a year from Nike... Bottom line Adidas is paying big bucks right now. Michigan getting 8.2 million a year, Louisville 7.7 million a year and ucla 7.5 million a year. One thing, only part of the money will be straight up cash the other will be the form of apparel and other gear.It's the Nike contract (probably in the $3M-$4M range) plus an extra $3M per year.
Probably one of the biggest apparel deals in college sports.
The article says our deal is most likely in the Asu ballpark of 8 years 33m (4.125 a year).
I don't see how it could be $3m more per season than Nike if it's only $4.125m per season going forward unless Nike was only paying Miami a little over a million dollars per year.
IMO Nike was probably paying us in the 1.5 to 3m range (pure speculation)
Nike was paying Oregon "only" $2.8m and they probably signed that contract in a building Phil Knight donated $75m to build.
