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How Much Do We Actually Receive From Nike?
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snowtiger Offline
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Post: #21
RE: How Much Do We Actually Receive From Nike?
under wear
07-02-2015 11:22 AM
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Brother Bluto Offline
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Post: #22
RE: How Much Do We Actually Receive From Nike?
Night train
07-02-2015 11:59 AM
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snowtiger Offline
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Post: #23
RE: How Much Do We Actually Receive From Nike?
under my thumb
07-02-2015 01:12 PM
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TigerBill Offline
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Post: #24
RE: How Much Do We Actually Receive From Nike?
Under Armour.
07-02-2015 05:21 PM
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KnightLight Offline
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Post: #25
RE: How Much Do We Actually Receive From Nike?
Depending on the contract, most included the value of all "goods, equipment/merchandise & services" given by Nike (or other sponsors) to the Univ as part of the total value of the contract.

Some contracts mention specific cash amounts in addition to goods/equipment/services and merchandise.

Example: Cincinnati's old deal with Adidas (just switched to Under Armour):

UC had an annual $1.53 Million deal with Adidas but it was broken up in this way:
$1.05 million in equipment and apparel allowance for their sports teams
$525,000 in cash
--------------------------

Details of UC's new deal with Under Armour were announced as a huge $47 Million deal...but the breakdown is as follows (hint: most of it is not in cash, like so many other contracts)

The University of Cincinnati got a big raise when it jumped from Adidas to Under Armour, the latest sign that the battle to outfit top college teams has never been more fierce.

The university will get $1 million in cash and $3.5 million in equipment in the first year of the deal, according to a letter of intent obtained by the Business Journal through a public records request.

The 10-year deal includes more than $11 million in cash and more than $36 million in equipment, making it worth in excess of $47 million.
(This post was last modified: 07-03-2015 08:00 AM by KnightLight.)
07-03-2015 07:53 AM
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Cletus Offline
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Post: #26
RE: How Much Do We Actually Receive From Nike?
(07-02-2015 01:12 PM)snowtiger Wrote:  under my thumb

[Image: Thumbs-Up-Gif.gif]
07-03-2015 11:05 AM
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OneShiningMoment Away
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Post: #27
RE: How Much Do We Actually Receive From Nike?
Under Way???

[Image: photo%207_zpshnijgtzh.jpg]
07-06-2015 09:40 PM
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snowtiger Offline
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Post: #28
RE: How Much Do We Actually Receive From Nike?
under dog
07-06-2015 10:00 PM
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Gray Avenger Offline
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Post: #29
RE: How Much Do We Actually Receive From Nike?
(07-06-2015 09:40 PM)OneShiningMoment Wrote:  Under Way???

[Image: photo%207_zpshnijgtzh.jpg]

Nice blue, but where's the gray?
07-07-2015 07:55 AM
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FruitJar Offline
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Post: #30
RE: How Much Do We Actually Receive From Nike?
I seen where Meechigan changed to NIKE.
07-07-2015 08:45 AM
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fsquid Offline
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Post: #31
RE: How Much Do We Actually Receive From Nike?
(07-07-2015 08:45 AM)FruitJar Wrote:  I seen where Meechigan changed to NIKE.

Amazing since in their Adidas contract there was a clause that said Michigan would always be the highest paid Adidas school in the country.

http://www.freep.com/story/sports/colleg.../29776317/
07-07-2015 12:26 PM
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