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how the big dogs do apparel contracts


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The rich do truly get richer.  Check out these apparel contract amounts.  What we could do with that.

Michigan, UT, and Ohio State.

The (Michigan) agreement is valued at $173.8 million if it runs the entire 15 years, and includes a $12 million initial payment to the university, $76.8 million in total annual payments and $85 million in apparel. The new deal runs through 2027, with a university option to extend the agreement to 2031.

Four months after UM’s new deal was reported, news surfaced that Texas’ new contract with Nike would be worth $250 million over 15 years.  In January of this year, Ohio State announced its new deal with Nike, an agreement that will pay that school upwards of $252 million over 15 years.

 

from  http://collegefootballtalk.nbcsports.com/2016/04/26/michigan-nike-put-finishing-touches-on-173-8-million-deal/

 

Go Bulls!

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