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A detailed look at Nike's $47 million contract with the University of Kentucky Lexington Herald Leader.
Kentucky athletics, who has been affiliated with Nike since 1997, re-upped in 2006 and again in 2013, when the school signed a deal worth $47 million in cash and apparel with the sports apparel juggernaut that runs through 2024-25.
At the University of Kentucky, the school's $47 million apparel contract with Nike pales in comparison to Louisville's latest deal with Adidas, but it contains many of the same components, including annual payments; millions of dollars worth of clothes, shoes and equipment; and lots of cautions.
Kentucky has a fifteen year statute of limitations for breach of written contract causes of action. KY.