Nike Will More Than Double Deal with Oregon
The Eager Beavertons are proposing a new $88 million, 11-year deal with the alma mater of co-founder Phil Knight that would be worth $2-2.5 million per year in cash with uniforms worth $5-6 million per year as well. That compares to the present deal when Oregon receives about $750,000 per year and $2.5 million worth of uniforms, according to the Oregonian. It also would sweeten the royalty rate on apparel sales to 15% from 12% now but maintain the footwear royalty at 5%.
The deal is well below the levels of the $280 million deal that Under Armour signed with UCLA, ... Log in to view full article.