Paving Contract With Nike
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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
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FAQ
We'll only accept electronic submissions to ideasubmissions@nike.com. DON'T physically mail prototypes to Nike. If a prototype or sample is required, we will contact you. Any and all mailed prototypes will be returned to the sender or may be destroyed at our sole discretion.
Clearly the cash compensation to LSU (?Sponsorship Fee? and ?Base Compensation?) remains unchanged at $1 million per year. However, LSU's product allotment increased from $3.5 million in the 2021-2022 contract year to nearly $5 million in 2022-2023.
Kevin Durant and Nike have agreed to a lifetime contract, making him just the third NBA player to receive such a deal, joining Michael Jordan and LeBron James. The 13-time All-Star has a relationship with Nike that dates back to 2007, releasing 15 different sets of shoes.
We proactively seek athletes to wear the Swoosh and represent the Nike brand. While we appreciate your love of sport and interest in Nike, we don't accept unsolicited sponsorship requests.
Under Nike's contract with LSU, the company pays the university $1 million and provides nearly $5 million in product each year in exchange for the school making Nike ?the exclusive supplier of athletic footwear, apparel and accessories of LSU Athletics.? Most other major U.S. universities have similar deals.