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Different generation, they* say.No grown man should ever.
* confirmation of pronouns pending.
Different generation, they* say.No grown man should ever.
Our fans barely bought Nike, let's cut the nonsense. I still remember walking around Hard Rock the last couple of years before the switch to Adidas. People were STILL wearing gear from 2001. Miami fans are miserably cheap. They will buy gear ONLY when the team is winning and even then, it's dicey. A classic example is when the basketball team went on a run a couple of years ago. Two years of **** good basketball, no one bought a **** thing. Lots of shelf puppies.How many people would buy more merch if it wasn't the ****** Adidas stuff where you never know how the shirt will fit?
Honest to god, is it too much to ask for a decent UltraBoost, if not every year, then once every 2 years?.
Bruh, this is one of the dumbest things you've responded with yet. No that has literally not AT ALL been what I've referred to the backend as. You're lying your *** off to even imply that's what I have been saying. You honestly have been so untruthful regarding this entire debate it's been hilarious. You hop from misrepresenting me on one aspect to the next like its nothing. You were saying for the longest that I wasn't against the 12 year contract, when that was obviously false. Just like this line is obviously BS. Literally NOTHING in any of my replies should suggest that I think what you just implied. It's honestly retarded.I'm going to make this easy.
I don't think you understand what "the backend" is. You seem to think it's "the later years of the contract" when it is not.
I mean I have literally, and I mean LITERALLY, agreed with this the entire time. Obviously.... Thats the funniest part of this whole ******* debate. You keep trying to explain the thing I have always agreed with. I haven't questioned how these contract work. I question the calculations on the expected values of both contracts and which one nets the university of miami the most money (IN TOTAL VALUE... we'll get to that in a sec....)You compute sales on an annual basis. You usually have a clause that says something like "we will pay you $2M for the year, and after you hit $X million of sales in a year, you will then receive a 15% royalty on all additional sales."
What that means is the following. In the summer months, when the year begins (for a collegiate apparel deal), you get nothing beyond the guarantee. Now, the guarantee is not computed at a "15% royalty" rate. Thus, if your sales threshold was $13.333 million for the $2 million payout, that would mean that you'd be getting a 15% royalty for ALL of your sales, no matter what. Which ain't happening, it would render the guarantee nearly meaningless. So the threshold might be $20 million. Thus, you'd get $2 million for the first $20 million of sales, which is like a 10% "royalty", so to speak. And then for all your sales AFTER $20 million, you'd get a 15% royalty.
Now, there are two extremes.
The first extreme is that you get ZERO guarantee, and ONLY royalty. So if you got a 15% royalty, and "only" sold $10 million of merch, you'd get $1.5 million. Of course, if you sold $30 million of merch, you'd get $4.5 million.
The second extreme is that you get paid ONLY guarantee. So if your guarantee was $2 million, you'd get that, no matter if you sold $10 million or $30 million of merch.
The "in-between of the extremes" is a mixture of guaranteed-payment and royalty-sales. Thus, in my prior example, you'd get the $2 million guarantee on the first $20 million of sales, and then another $1.5 million royalty on the additional $10 million of sales, for a todal of $3.5 million.
Now, do not treat these numbers as some sort of Biblical fact. They are there to illustrate a point, not to prove a point. Without knowing the specifics of a contract, it is HARD to demonstrably prove which is better.
But what we CAN conclude is that the heavier you go towards royalties only WHEN YOU SELL A TON OF MERCH, the more you will be paid. That's just logic. And math.
Uh I use a crazy number to get you to at least take the very first step to finally admitting that it isn't crazy for a fully guaranteed contract to be better, A point you have been unwilling to cede for like over 2 years lol. It is an extreme - just like you how above you used an "extreme" (a lesser extreme than mine, but who gives a **** if the intention was to make an extreme point) to explain your point, I did it too.What's hilarious about YOUR argument is that you constantly invent some sort of crazy number like $100 million per year. I've never denied that an INSANE and unrrealistic "guarantee" number could, in all likelihood, exceed almost any "royalty only" deal. But on my side, I give you industry standard numbers, such as a 15% royalty. I guess if I wanted to invent magical numbers too, I could talk about a "100% royalty", right?
Okay. So we have the extreme of $100M. Obviously that is extreme. We BOTH agree that is extreme. But is $50M extreme? $20M? What about $15M or $10M? Are we getting closer to reaching the equilibrium point where an HONEST prediction of the amount we are likely to net In TOTAL - ALL INCLUSIVE - is still worth it to go with one deal reliant on us selling well over a GUARANTEE?so then just apply that same train of thought regarding up front money vs backend money until you find the point that is the least you would accept from Adidas to where you are confident the up front money will be more than Nike back end money. What is that amount? That's literally all I've been saying this entire time
No surprise but you misinterpreted a point I made yet again. My point about as the years go by, Nikes guarantees rise, is that If you sign a 6-8year deal with Nike, then when you go to renegotiate and sign an extension you will almost assuredly negotiate a HIGHER guarantee. The Royalty rate and all that other stuff may be the same on the back end and with bonuses, equipment probably increases in value provided as well though. So while In years 1-6/8 Our deal is superior with the full guarantee, once you factor in the renegotiation, and how that raises the ALTERNATIVE deal, the math changes on that Equilibrium value and what dollar figure you'd want a fully guaranteed contract at. So years 1-6 that $X+$Y I mentioned earlier is a great deal to have fully guaranteed. But years $7-12, that is no longer as good because the teams that were able to renegotiate have inched closer in the guarantees and bonuses and equipment, while maintaining their superior back-end upside. Thats why I'm saying the 12 year Contract length is THE primary detrimental aspect to the adidas deal.Please do not confuse the eventual rise in contract (total) amounts that take place over a decade timeframe with the annual calculation of royalty payments. On this issue, I assure you that I know what I'm talking about, as most of NASCAR's revenues (when I worked there) arose from either the TV contracts or the ROYALTY payments. Now that NASCAR and ISC have merged, NASCAR also makes money from ticket sales.
Bro, not this again, lol. Bro we've been over 100 times that the TOTAL value is Guarantees, Royalties, Equipment, Bonuses, etc, etc, etc. Every time I have ever said Total Contract value I have referred to assigning a Dollar Figure to the total value the apparell provider is delivering to the University. There should be ZERO debate that you can assign a Dollar Figure to EVERY aspect of what you just wrote. The only thing I haven't been including in that Is Brand Reputational value. HOWEVER I have 1,000% said multiple times, that if you came to the conclusion that Adidas paid us $X in total Value and Nike paid us $X-$Z, BUT that your assesment of the brand rep value of being Nike brand is WORTH $Z or >$Z, I have no problem with that being your opinion and why you view the Nike deal as being better. I have LITERALLY said this repeatedly.Finally, please remember that the "total" value of a contract is NOT NOT NOT all about merch sales. Only about 30-40% of the total stated value of the contract comes from merch-sales/royalties. The other components are EQUIPMENT provisions (all of our helmets, pads, jerseys, and the player-edition gear such as sweatshirts, t-shirts, shorts, etc.) and ACTIVATION (the co-branded marketing expenditures that Nike makes on behalf of both of us, including promos).
I can't speak for others or the market. I'm just pointing out my observation and experience. I've worn Canes Gear for > 35 years and never had a harder time finding a decent shirt as I have now.Our fans barely bought Nike, let's cut the nonsense. I still remember walking around Hard Rock the last couple of years before the switch to Adidas. People were STILL wearing gear from 2001. Miami fans are miserably cheap. They will buy gear ONLY when the team is winning and even then, it's dicey. A classic example is when the basketball team went on a run a couple of years ago. Two years of **** good basketball, no one bought a **** thing. Lots of shelf puppies.
I hope the AD is approaching this as a business transaction, period. Nike steps up with a deal that matches or exceeds Adidas, then do what makes sense. Until that happens, roll with Adidas. Honestly, I'm fine with New Balance, if they made an otherworldly offer. It's about the revenue, I couldn't care less about the other stuff.
With all due respect, you are likely looking in the wrong places. Thereâs a ton of gear out there, and unless you are either super skinny or grossly overweight, sizes are there to be had. Iâve never had an issue with Adidas sizing, especially once I realized that you need to size up if you like the baggy look. Ironically enough, you have to do the same thing with Nike gear.I can't speak for others or the market. I'm just pointing out my observation and experience. I've worn Canes Gear for > 35 years and never had a harder time finding a decent shirt as I have now.
Yet I didn't have that problem with Nike gear and I am neither super skinny nor grossly overweight. It's incumbent on the seller to appeal to the consumer, not to make the consumer search for their product. How far would Papa John's have gotten if they had an unlisted number?With all due respect, you are likely looking in the wrong places. Thereâs a ton of gear out there, and unless you are either super skinny or grossly overweight, sizes are there to be had. Iâve never had an issue with Adidas sizing, especially once I realized that you need to size up if you like the baggy look. Ironically enough, you have to do the same thing with Nike gear.
Our fans barely bought Nike, let's cut the nonsense. I still remember walking around Hard Rock the last couple of years before the switch to Adidas. People were STILL wearing gear from 2001. Miami fans are miserably cheap. They will buy gear ONLY when the team is winning and even then, it's dicey. A classic example is when the basketball team went on a run a couple of years ago. Two years of **** good basketball, no one bought a **** thing. Lots of shelf puppies.
I hope the AD is approaching this as a business transaction, period. Nike steps up with a deal that matches or exceeds Adidas, then do what makes sense. Until that happens, roll with Adidas. Honestly, I'm fine with New Balance, if they made an otherworldly offer. It's about the revenue, I couldn't care less about the other stuff.
Thrifting is huge nowadays, which is another reason you'll see a lot more people wearing the old school merch. Heck, I found an old school Canes hat, Sugar Bowl T-shirt, and a Nike Football shirt at a thrift store about a year ago- and theyâve easily become my most-worn Canes gear. You know things are bad when I have more of a desire to buy thrifted Canes gear than a new adidas shirt.From your first oft-repeated/never-true first sentence, people can simply ignore your false post.
I started at UM in 1986. I've known the owners of AllSports/AllCanes for decades. Worked with the two managers of the UM Bookstore when I was in USBG/Student Government.
Nike sold. In serious volume. I don't give two ***** about you "walking around Hard Rock the last couple of years before the switch to adidas", you are just a dense person who doesn't understand logic and human behavior. The reason people were wearing gear from 2001 is BECAUSE WE WON A NATIONAL CHAMPIONSHIP THAT YEAR. Not because they were "cheap". Or because they BOUGHT when we were winning. People bought in OTHER YEARS too, but if you have your choice of what to wear to the Orange Bowl, many people choose to wear throwbacks from our best on-field years. It's not complicated.
As for all of your bull**** about basketball, your commentary couldn't be dumber. First, buying the TEAM JERSEY and wearing it is not as common in basketball as it is in football. Second, adidas barely made any worthwhile UM basketball merchandise. If you page back a few dozen threads, you'll find my post where I showed the YELLOW basketball jersey that adidas made for us, the one that was supposed to be a "tribute" to...the mother****ing Coral Gables trolley. Are you ******* serious?
I went to both Sweet 16s. I went to the Final 4. I buy merch. I buy adidas. But to act like "people didn't buy merch during our 2 years of basketball excellence" is one of the dumbest things possible. LOOK AT MY POSTS. And @Rellyrell can back me up. I POINTED OUT THE CRAP SPECIAL EDITION MERCHANDISE that adidas provided when we made the Final 4. It was insanely bad. Plus the "Fear of God" crap. Good lord. All adidas does to push "basketball merch" is come out with one or two jerseys each year, plus some generic "UM Basketball" t-shirt. The stuff just ISN'T GOOD. And don't talk to me about Nike, because my nephews and nieces all go to Nike universities (UF, F$U, UCF) and I frequently order college merch for them for birthdays and holidays, so I KNOW what Nike is making for other schools.
adidas is a distant-second-place company. Period. Not a company that UM should affiliate with.
Thrifting is huge nowadays, which is another reason you'll see a lot more people wearing the old school merch. Heck, I found an old school Canes hat and a Nike Football shirt at a thrift store about a year ago- and theyâve easily become my most-worn Canes gear. You know things are bad when I have more of a desire to buy thrifted Canes gear than a new adidas shirt.
Our fans actively look for a reason to not buy Adidas at this point. It's available in the same places and locations that previous Nike gear was located, and once you adjust for the sizing difference(Which is something you have to do for every manufacturer), there isn't a significant difference. It isn't pricing(It's priced similarly to the Nike gear on the market), it isn't availability(You can easily obtain the gear without even living near Miami, something that wasn't always the case for Nike), it isn't look and feel(The gap between companies is almost nonexistent, in regards to quality). It doesn't matter what Adidas does, we have a bunch of old fans that have made it their life's work to not buy Adidas because "Feelings". I don't get it, but then again, I was never married to Nike like that.Yet I didn't have that problem with Nike gear and I am neither super skinny nor grossly overweight. It's incumbent on the seller to appeal to the consumer, not to make the consumer search for their product. How far would Papa John's have gotten if they had an unlisted number?
Our fans actively look for a reason to not buy Adidas at this point. It's available in the same places and locations that previous Nike gear was located, and once you adjust for the sizing difference(Which is something you have to do for every manufacturer), there isn't a significant difference. It isn't pricing(It's priced similarly to the Nike gear on the market), it isn't availability(You can easily obtain the gear without even living near Miami, something that wasn't always the case for Nike), it isn't look and feel(The gap between companies is almost nonexistent, in regards to quality). It doesn't matter what Adidas does, we have a bunch of old fans that have made it their life's work to not buy Adidas because "Feelings". I don't get it, but then again, I was never married to Nike like that.
The biggest gripe I have with Adidas is that when they hit on a good design, or solid Player Exclusive apparel, they don't release it to the public. I'm still salty that the throwback Miami sweatshirts worn by the basketball team during the Elite 8 run were NEVER released. Adidas should have done a limited run, there were more than enough people willing to pay 100 bucks per sweatshirt to make it worth Adidas' time.
Again, your first sentence is a load of horse****.
Nobody is "actively looking for a reason to not buy adidas". I regularly go to the UM Bookstore/AllCanes (same ownership), Hurricanes Team Store, and Canes Wear. I see fans buying the better merchandise, and not buying the complete crap. We've been with adidas for TEN YEARS NOW, it's not like we have a bunch of options outside of eBay.
Do I buy the Tommy Bahama and Columbia and Reyn Spooner and Dyme Lyfe and other premium brands that are NOT adidas? Yes. Yes I do. But it's not "actively looking for a reason not to buy adidas at this point", it's because the other stuff is just BETTER.
Not ONCE have I ever heard anyone complain about adidas pricing. So you can just STFU on that as an issue.
But "availability" is absolutely an issue. AND HAS BEEN DISCUSSED ON THIS THREAD. The UM gear on the ADIDAS WEBSITE ITSELF is nearly non-existent. Sure, people could go to CanesWear or Hurricanes Team Store or UM Bookstore/AllCanes (same ownership now), but if you are talking about remote ordering, THAT IS WHERE THE INCONSISTENT ADIDAS SIZING AND QUALITY OF MATERIAL MAKES A DIFFERENCE. I am tired of disliking 50% of the adidas merchandise when it arrives by mail (I live in Atlanta), and that is a very fair like/dislike rate that I have experienced. I have items IN THE SAME SIZE that hang off of me and others that are too tight. INCONSISTENT.
As for quality, there absolutely POSITIVELY is a gap between Nike and adidas in quality. 1000%. I almost exclusively wear UM apparel to work. Much of my adidas gear can no longer be worn to work (and it is impossible for me to have any adidas gear older than 10 years, as previously mentioned). On the other hand, I have purchased a sizable collection of UM Nike gear that is OLDER THAN TEN YEARS, and I can wear all of it to work. Nothing from my Nike collection has thread-snags or impossible-to-remove stains. No rips/tears. Consistent sizing.
I'd respect your "opinion/experience" more if you weren't so dismissive and flat-out WRONG about the differences between Nike and adidas. All you have to do is HONESTLY compare the choices, compare the fit, compare the quality. But you won't.
As for the rest of your bull**** about old fans making it their "life's work" to switch back to Nike, you are sorely misguided. I have freely and openly stated the adidas products that I like. And you shouldn't have to qualify your statements with "no matter what adidas does". WHY? Was adidas terrible for the first two years? Absolutely. Did adidas ***** Miami over on the contractual terms? Certainly. But why should adidas have to "do" anything if they were just releasing quality products that everyone liked? You just admitted the truth. "No matter what adidas does". Yes, because they are constantly having to make up for their disastrous choices. TEN YEARS, and the best thing that ANYONE (besides yourself) can say about the adidas relationship is (a) Miami has had the same simple jersey for 8 years, and (b) UltraBoosts are a good shoe.
This isn't about feelings. This is about having a quality partner to work with. And adidas is NOT THAT. Nike is. Period.
The only thing I will agree on w dude is our negotiations need to be w/in market value, but thatâs about it.
The fact this cat continues w this hubris is quite astonishing. The fact that they feel they can make blanket statements in representation of the entire fan base on multiple subjects is hilarious to me.
I know plenty of Miami Hurricanes fans that are quite fine w Adidas outside of CIS, but thereâs also been a constant theme:
Inconsistent of availability, quality, and sizing.
What this dude doesnât understand is whatâs been posted here is not a Miami complaint, itâs global. ****, they just ****ed off TAMU by including Miss St merchandise/sizing w/ thereâs. (True Story) I sent u, personally, whatâs going on in Seattle w UDub & Adidas.
Dude think this is bias reasoning, & they claim they want whatâs best for the University, yet Iâve noticed this tendency to advocate for mediocrity as long as it looks good on paper.
Your last paragraph is crucial here. You have the mediocrity of adidas on one side. We've given a bunch of examples, which this wacky poster wants to dismiss in the "both sides do the same thing" blanket excuse.
And on the other side is "what looks good on paper". This includes "guaranteed money over royalty payouts", and it includes "let me tell you about everything Nike did wrong, while minimizing what adidas has done wrong". And it absolutely includes the whole "adidas values us soooo much and look at how they are (finally) treating us in Year 10 of a 12 year contract".
I'm done. I've seen enough. I certainly refuse to listen to Canedud tell me about how the quality and fit of my Nike and adidas gear is identical, particularly when I have two closets of merch and I can make my own observations and determinations. And I will not be lied to about the horrible "last 2 years of the Nike relationship" when we had 25 good years before that time, particularly when Beta Blake James engineered a lot of those problems to support his move to adidas.
Time to move along. Both generally and specifically.
Facts!Yet I didn't have that problem with Nike gear and I am neither super skinny nor grossly overweight. It's incumbent on the seller to appeal to the consumer, not to make the consumer search for their product. How far would Papa John's have gotten if they had an unlisted number?
Thanks @Rellyrell. Lock this thread!& again, to be clearâŠaccepting a low ball offer? No, but letâs cut the bull **** since all the cards have finally been laid out:
1. Letâs nuke the notion of Adidas did right by us. This would be a half truth; provided more upfront $? Yes; but, they also limited our financial growth, provided fans w/ subpar quality in replica jerseys, and when we finally accomplished something noteworthy for our basketball program, literally gave both us & FAU the same genetic sweatsuits and sneakers that were from their clearance rack
2. Blake James literally had no idea what he was signing. Arguably this shouldâve been a fireable offense, and termination of contract. It took a 3rd party to point out Adidas was in violation of a clause stating our value compared to the rest of the ACC, & it took several yrs to discover this.
3. U were all Adidas until u reached out to me for help on a product that their site stated was available, a product u paid for, only to find out they didnât update their site. Lol This wasnât a one off situation; we soon discovered the site consistently either provided items that were unavailable, or non-branded items that were in any remote spectrum of orange and green, pawning it off as âMiami Hurricanes.â
We then discovered Adidas direct site mislead on âother color availableâ, making it appear that we had various options on the featured item, ONLY for that option to take us different Adidas sponsored teamsâ sites!
4. U provided intel on the lack of sales on Adidas merch compared to Nike via actual data, & it had nothing to do w popularity vs. the lack of quality options Adidas provided.
5. How many times have we heard, âexclusive to Miamiâ only to find out it wasnât or not? Lol. Whether that was the FOG gear or the new jersey material that dropped last season?
Furthermore, Iâve provided tangible evidence showing/proving that our partnership has cost us several high profiled portal players and HS recruits. Even w the NIL deals that kids r getting w Adidas, they r still allowed to go to other branded schools which doesnât help us.
Now, we have a new HC for basketball. Lol. Good luck; itâs getting even harder to recruit being a non-Nike school silly b/c Nikeâs EBYL has now created the Jr EBYL, & its globally recognized as the most prestigious & premier AAU circuit; which means, more & more top kids r garnishing Nike NILs & are influenced to âtake their talentsâ to Nike branded schools.
So I challenge us to make sure weâre getting the best deal, not just from an upfront monetary standpoint, but also from a perception, reputation, recruiting, tech, equipment, royalties, internship options (which Canedude fails to acknowledge), & marketing standpoint.