MEGA New Miami Adidas Ultraboost🔥 - The Shoe and Nike/Adidas Thread.

[Bender]

Adidas is standing ready to help pay our ACC exit fee as part of our deal. Nike is not. Facts.

That's the most laughable statement I've heard so far.

 

[CaneBorn1983]

Comparing audit and consulting relationships with accounting firms and apparel deals is absolutely ludicrous.

What an ignorant ******* comment. Clueless and stupid comment.

When you don't have a lot of provider options and people change jobs regularly, yes, a discussion of the need to maintain good relations is completely valid.

Lots of industries and situations where burning bridges is not smart business. It's really sad that we have so many dopey porsters who can't differentiate between a "comparison" and an "example".

"Comparing". What lazy thinking...

Just saying that the posture that audit and consulting firms take toward clients is much different than apparel companies. It’s not apples to apples, so a terrible comparison or analogy to make. Also, I didn’t say a word about burning bridges. Lastly, there’s no such thing as burning bridges with audit and consulting g firms, outside of your company having an integrity issue that makes you untouchable. I’ve fired audit firms under the worst circumstances and they always come groveling back looking for more business.

 

[ShadowSpring]

Nike failed. Every single year was garbage threads. They all sucked. It was an embarrassment. I don't care which company we go with, it could be Ozark Trail from Walmart for all I care. Get the bag and design tight uniforms. But y'all sound like battered wives begging to go back to the dude giving you that black eye. In business and in life, if you fail there should be consequences

Good luck on your journey.

Nike damaged me

 

[Bender]

Nike damaged me

For good reasons, but the reality is, the on-pitch-gear comparison between Adidas and Nike is not even there.

Adidas can enter that conversation once they've provided every player on the field with the correct gear. And that hasn't happened since we've signed that contract.

 

[The U is back to work]

**** man our fee is that low?

 

[TheOriginalCane]

@TheOriginalCane. True?

I have not heard that.

And let's analyze why. Our ACC buyout is now $147M. Only a handful of apparel deals pay more than $10M a year (and as I've pointed out before, that is NOT all-cash, over half of those deals are NON-cash value items, such as equipment, uniforms, and marketing activation).

So let's imagine a world in which you COULD get $50M IN CASH from a company over a 10 year period. Then you have to ask yourself "hey, if some random poster told me that "adidas is standing ready to HELP [emphasis added] pay our exit fee as a part of the deal", then it is not unreasonable to ask HOW MUCH they are willing to help.

HONESTLY...what...is adidas willing to chip in $2M? Maybe $5M? I do not mean to disparage ANY "free money" or get into other people's wallets, but whatever adidas "HELPS" us to pay on the exit fee...is going to be a TINY FRACTION. And is being cited (comparatively) for PR purposes. As in "adidas will help us with our exit fee, but Nike won't". Not to mention the fact that adidas would HEAVILY BENEFIT from the bump in merch sales when they are able to start selling UM-Big 10 co-branded merch.

So...is it true? Not sure. Could it be true? Possibly, but if so, it ain't much. And is more of a talking point than a deal point.

I've said it before, I'll say it again. If SEC schools are smart enough to get 14% and 15% royalties, then I am troubled that we have so many fans and/or alums who get SUCKED INTO the argument about "guaranteed payments" while we get next-to-nothing in royalty payments. In fact, as I was alluding to before, Florida takes almost all of its cash payments IN THE FORM OF ROYALTIES. And Florida is a proud flagship in the SEC-SEC-SEC, so at this point they know how much they stand to gain by filling up their bookstores and fan shops with Jordan Brand UF merch.

And for the record, I have looooong been an advocate for taking a "UF type deal" with Nike. Very little "guaranteed cash", very HEAVY on the royalty rate. I didn't just come up with that yesterday. And I know the sports apparel industry better than most of our posters do.

Yes, there's a lot of money out there. I'm not going to get tricked into a fake "but adidas is willing to HELP pay our ACC buyout" argument, when that myth is being pushed as a false equivalency. HOW MUCH is adidas willing to pay, and is it IN ADDITION to all the other stuff they would have paid us if we stayed in the ACC for 20 more years? I just get the uncomfortable feeling that dealing with adidas is like dealing with a car salesman. "Oh, you want a low interest rate, I can do that. Oh, you want a high value on your trade-in, I can do that. Oh, you want lower monthly payments, I can do that."

Meanwhile you pay the same price for the car no matter how much "the terms" get jacked around.

But, sure, adidas is willing to "help" pay our ACC buyout and Nike isn't. Hilarious.

 

[Bender]

I have not heard that.

And let's analyze why. Our ACC buyout is now $147M. Only a handful of apparel deals pay more than $10M a year (and as I've pointed out before, that is NOT all-cash, over half of those deals are NON-cash value items, such as equipment, uniforms, and marketing activation).

So let's imagine a world in which you COULD get $50M IN CASH from a company over a 10 year period. Then you have to ask yourself "hey, if some random poster told me that "adidas is standing ready to HELP [emphasis added] pay our exit fee as a part of the deal", then it is not unreasonable to ask HOW MUCH they are willing to help.

HONESTLY...what...is adidas willing to chip in $2M? Maybe $5M? I do not mean to disparage ANY "free money" or get into other people's wallets, but whatever adidas "HELPS" us to pay on the exit fee...is going to be a TINY FRACTION. And is being cited (comparatively) for PR purposes. As in "adidas will help us with our exit fee, but Nike won't". Not to mention the fact that adidas would HEAVILY BENEFIT from the bump in merch sales when they are able to start selling UM-Big 10 co-branded merch.

So...is it true? Not sure. Could it be true? Possibly, but if so, it ain't much. And is more of a talking point than a deal point.

I've said it before, I'll say it again. If SEC schools are smart enough to get 14% and 15% royalties, then I am troubled that we have so many fans and/or alums who get SUCKED INTO the argument about "guaranteed payments" while we get next-to-nothing in royalty payments. In fact, as I was alluding to before, Florida takes almost all of its cash payments IN THE FORM OF ROYALTIES. And Florida is a proud flagship in the SEC-SEC-SEC, so at this point they know how much they stand to gain by filling up their bookstores and fan shops with Jordan Brand UF merch.

And for the record, I have looooong been an advocate for taking a "UF type deal" with Nike. Very little "guaranteed cash", very HEAVY on the royalty rate. I didn't just come up with that yesterday. And I know the sports apparel industry better than most of our posters do.

Yes, there's a lot of money out there. I'm not going to get tricked into a fake "but adidas is willing to HELP pay our ACC buyout" argument, when that myth is being pushed as a false equivalency. HOW MUCH is adidas willing to pay, and is it IN ADDITION to all the other stuff they would have paid us if we stayed in the ACC for 20 more years? I just get the uncomfortable feeling that dealing with adidas is like dealing with a car salesman. "Oh, you want a low interest rate, I can do that. Oh, you want a high value on your trade-in, I can do that. Oh, you want lower monthly payments, I can do that."

Meanwhile you pay the same price for the car no matter how much "the terms" get jacked around.

But, sure, adidas is willing to "help" pay our ACC buyout and Nike isn't. Hilarious.

Adidas has to pony up money for extending a certain soccer teams kit deal in 2030. And that'll be in the billions.

They're not ******* paying us anything.

 

[TheOriginalCane]

Nike failed. Every single year was garbage threads. They all sucked. It was an embarrassment. I don't care which company we go with, it could be Ozark Trail from Walmart for all I care. Get the bag and design tight uniforms. But y'all sound like battered wives begging to go back to the dude giving you that black eye. In business and in life, if you fail there should be consequences

You're a young guy, so I'm gonna forgive your lack of perspective.

1988 was not garbage. 1989 was not garbage. 1990 was not garbage. 1991 was not garbage. 1992 was not garbage.

Should I keep going?

Here are the eras of Nike uniforms:

1. Traditionals
2. Shadow-boxed numbers
3. National championship jerseys
4. Bra-straps
5. Above-the-number horizontal striping
6. The "smokes" final year

Yes, there were some alternates mixed in there, I don't even focus on that ****. That's the type of thing where young guys apparently wake up in the middle of the night with a "but Pro Combats" nightmare, while older guys are like "go to sleep, child, it was just one game".

You don't have to like all those uniforms. ****, I don't like all those uniforms. But let's not pretend that jersey variety was something that Nike forced down our throats at gunpoint. We had 4 different ADs who signed off on everything (post-traditionals) for over 20 years.

I'm trying to have perspective in all things, and weigh the good and the bad, the pros and the cons. You're firing off with these all-or-nothing extreme arguments, and it just doesn't reflect the entire picture.

But, yeah, we should "blacklist" Nike over a couple of ******* jersey designs that our ADs signed off on. And kept for multiple years. And we should forgive adidas for having produced our all-time worst 2-year jersey, which Beta Blake also signed off on. It doesn't make sense.

 

[TheOriginalCane]

Just saying that the posture that audit and consulting firms take toward clients is much different than apparel companies. It’s not apples to apples, so a terrible comparison or analogy to make. Also, I didn’t say a word about burning bridges. Lastly, there’s no such thing as burning bridges with audit and consulting g firms, outside of your company having an integrity issue that makes you untouchable. I’ve fired audit firms under the worst circumstances and they always come groveling back looking for more business.

Again, you keep using that "comparison" word, as if you know what it means. Same thing with "posture". So, what, accounting firms stand upright and apparel companies slouch?

Give it a rest. There are four Big 4 accounting firms. There are three apparel companies that have any shot of handling P4 schools. That is not a "comparison", that is an acknowledgement that your options are limited in BOTH situations.

And I didn't say that YOU PERSONALLY CANEBORN1983 were the one talking about burning bridges. No, that's what I'VE TALKED ABOUT for several years and certain people think they can just ignore "if they didn't say a word about it". Ignoring that Beta Blake burned a bridge with Nike doesn't make it "not exist". Going back to the "original sin" with our Nike relationship, Beta Blake James started converting our uniform allowances into cash payments when he took over as AD. This gave rise to the false "Nike doesn't love Miami anymore" myth, and it also was the reason that Nike didn't engage in a "guaranteed-payment heavy" adidas-like contract offer with Miami, having been burned by what Beta Blake did and said.

But, sure, you're going to discount everything I've said because a couple of audit firms came back to you groveling for more business. Again, not the point. The point in talking about any business negotiation featuring very few bidders is that one or more bidders may not be willing to make a bunch of "seemingly great concessions" if they do not feel there is a legitimate chance of winning the bid. That's not a very complicated concept. Even if certain minds are already made up, THEY CAN FAKE IT for a few months in order to create a situation where multiple bidders all think they have a legitimate chance, thus producing the most competitive bidding process.

That's the part you're not going to understand. Because, yeah, "adidas is willing to help with the ACC exit fee and Nike is not". BUT HOW MUCH. You are great with vague statements, and a lot less great with details. Again, I've never disputed the fact that Nike has (12 years ago) and will (now) offer a royalty-heavy deal. And I've consistently argued that a high-royalty is the BETTER DEAL. You can continue to be distracted by shiny deal points that adidas ***** out as if they were pearls. That's on you.

Just remind me to never go to a car dealership with you.

 

[ShadowSpring]

You're a young guy, so I'm gonna forgive your lack of perspective.

1988 was not garbage. 1989 was not garbage. 1990 was not garbage. 1991 was not garbage. 1992 was not garbage.

Should I keep going?

Here are the eras of Nike uniforms:

1. Traditionals
2. Shadow-boxed numbers
3. National championship jerseys
4. Bra-straps
5. Above-the-number horizontal striping
6. The "smokes" final year

Yes, there were some alternates mixed in there, I don't even focus on that ****. That's the type of thing where young guys apparently wake up in the middle of the night with a "but Pro Combats" nightmare, while older guys are like "go to sleep, child, it was just one game".

You don't have to like all those uniforms. ****, I don't like all those uniforms. But let's not pretend that jersey variety was something that Nike forced down our throats at gunpoint. We had 4 different ADs who signed off on everything (post-traditionals) for over 20 years.

I'm trying to have perspective in all things, and weigh the good and the bad, the pros and the cons. You're firing off with these all-or-nothing extreme arguments, and it just doesn't reflect the entire picture.

But, yeah, we should "blacklist" Nike over a couple of ******* jersey designs that our ADs signed off on. And kept for multiple years. And we should forgive adidas for having produced our all-time worst 2-year jersey, which Beta Blake also signed off on. It doesn't make sense.

Yes they should be blacklisted. But anyway they won't likely be offering us anything close to Adidas from what's been said. So all this is mute.

 

[TheOriginalCane]

Adidas has to pony up money for extending a certain soccer teams kit deal in 2030. And that'll be in the billions.

They're not ******* paying us anything.

They will bump us up a bit "because we might be Big 10 soon" and "because we have been good in basketball and football lately".

But that doesn't mean we are going to get better deals than those offered to Pedo State and Tennessee. Two of the most boring "white and one other color" schools on the planet. Not a great palate to work with there.

No, it's about the size of those flagship schools and the number of sports they offer, two areas where UM is somewhat limited, now and forever.

I want the best for my alma mater. But I'm not going to be tricked by 30 pieces of silver to HELP us pay our ACC buyout.

 

[TheOriginalCane]

Yes they should be blacklisted. But anyway they won't likely be offering us anything close to Adidas from what's been said. So all this is mute.

Or, you know, "moot".

Again, I've said that they point-by-point deal points will not be the same. Nike will offer us a 14-15% royalty, adidas will offer us lots of seemingly-**** trinkets.

I just know that a heavy royalty will result in more cash than the other option(s).

 

[Bigzook]

Who is more popular now (in US)?

Nike or Addidas?

Nike

Actually Nike has fallen especially in football with the younger generation

 

[Empirical Cane]

Actually Nike has fallen especially in football with the younger generation

I roll only with Yeezy!!!

did i say that right?

am i sounding cool and hip?

 

[skyman]

Actually Nike has fallen especially in football with the younger generation

Even with their fall off and younger generations not really having same brand loyalty (as you can see thru years of discussion, older heads would lay it all on line for Nike) they still hold #1 spot by default

 

[skyman]

 

[TheOriginalCane]

Thank God that Pedo State got a more traditional uniform, those Nike designers almost destroyed that school...

 

[CaneBorn1983]

Just saying that the posture that audit and consulting firms take toward clients is much different than apparel companies. It’s not apples to apples, so a terrible comparison or analogy to make. Also, I didn’t say a word about burning bridges. Lastly, there’s no such thing as burning bridges with audit and consulting g firms, outside of your company having an integrity issue that makes you untouchable. I’ve fired audit firms under the worst circumstances and they always come groveling back looking for more business.

Nice failed attempt at acting like you’ve got some superior command of the English language.

The audit bidding process is precisely a situation where the contenders know they have VERY little chance of unseating an incumbent and yet they roll out the red carpet every time for the slight chance they could get a win. Nobody needs to fake anything in that process.

Also, there is no Big 4 and there hasn’t been for years. Saying there’s a Big 4 is like saying there’s still a Power 5.

 

[JohnnyLegume]

Adidas’ required research and design budget for penn state: $0

Good move

 

[skyman]