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- Dec 19, 2013
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Most schools sign apparel deals for anywhere from 8-12 years. Miami signed on the longer end of that span, and even then, with the money Adidas was offering at the time, along with the escalator clauses and the like(Which Miami legal should have known about, seeing that they helped draw up the contract to begin with, it's shameful that these attorneys weren't on the ball in regards to enforcing terms of the contract), the contract is very unlikely to be outmoded.
Keep in mind, at the time Miami signed, Nike was trying to hold the line on deals, the ONLY reason that Nike finally started paying was that Under Armour and Adidas was starting to make inroads. Keep in mind that when Miami signed their deal with Adidas, Alabama was only getting 2.5 million in cash and a similar amount of merch. Same with Clemson, same with a lot of other schools. The mega deals started happening when Miami moved on from the swoosh , and schools like Notre Dame, UCLA and others signed huge deals with UA. Nike struck back by poaching Michigan and Tennessee, by offering significantly more than they had offered any other school, and were then forced to match as schools like Bama and Clemson came up for renewal. That said, they weren't making those deals back when Miami was up for renewal. They lowballed Miami, point blank period and Miami made the rational move. I can talk for hours about other ways Nike treated Miami like dog crap, but the swoosh fanbois couldn't care less. I'm convinced that a lot of these people love a shoe company more than the University itself.
This is bogus af. Pls stop commenting on something u have no idea of. Like seriously, stop.
1. Nike did not “poach” Michigan to get back at Adidas. Michigan was upset w/ Adidas w/ how they were treated. They hated their colors, their alternate uniforms, their fan gear, & towards the last few yrs of their deal, Adidas was not replacing jerseys or practice unis. Harbaugh took the job & the first thing he requested was to leave Adidas b/c it’s not a good look for the program. Woodson, being a Jumpman Athlete, reached out to the brand, & UM became the 1st Jumpman football school.
2. Nike DID NOT PAY MORE for UTK. They actually offered less upfront $ than Adidas. Tennessee wanted to elevate their status among SEC schools by taking Nike’s deal which was structured like ours.
3. No tf don’t most teams sign 8-12 yr deals. Most deals are 8-10 yrs. THE ONLY time u see teams signing 12 yr deals are when they are renewing w/ long time partners, & that deal is 9 figures. They do not sign 12 yr deals w/ new companies.
4. Stop the bull chit that Nike treated us like crap for 20 yrs! This rhetoric makes zero sense. From compensation, to uniforms, to fan gear, Nike was 1st class to us. Now, if u wanna say the last 3 yrs they didn’t treat us w/ the same urgency, then fine. But even in 2014, they gave us brand new uniforms & don’t act like the players didn’t go HAM over them.
Here’s the links for links for ur viewing pleasure so u can stop spamming the board w/ ur personal feelings vs facts:
Jim Harbaugh brings in whopping $169M Nike deal for Michigan
Forget maize and blue. Nike has Michigan seeing shades of green. The mind-boggling numbers from the school’s new apparel contract were released Tuesday: $169 million over 11 years, making it …
nypost.com
Tennessee leaves Adidas, signs new apparel agreement with Nike
After nearly 20 years with Adidas, Tennessee is instead partnering with Nike as their new all-sports apparel provider.
www.cbssports.com
Washington leaves Nike, agrees to 10-year deal with Adidas
The Seattle Times, citing a source with knowledge of the contract , reported that the deal will be worth almost $12 million annually, making it one of the richest apparel deals in college athletics...
www.reviewjournal.com
ASU switching apparel from Nike to Adidas
Arizona State athletics is entering into an eight-year apparel, footwear and accessory deal with Adidas beginning in July 2015.
www.azcentral.com
TU switching to Adidas from Nike for all 18 sports
Coinciding with the end of a five-year contract with Nike, the university has signed off on a partnership with Adidas for the next eight years. The deal announced Tuesday takes
tulsaworld.com