Girlfriend Contract With Nike In Michigan
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North Carolina Tar Heels basketball team started wearing the Jumpman logo in 1998. The Michigan Wolverines announced in July 2015 that it would switch from sponsorship by Adidas to Nike.
We eagerly look forward to bringing out the best in each other.” The University of Michigan has agreed an in-principle multi-year deal with sportswear giant Nike to become the official provider of athletic footwear, apparel and equipment to its sports teams, known as the Michigan Wolverines.
ANN ARBOR, Mich. -- The University of Michigan has reached an agreement in principle with NIKE to become the Wolverines' official athletic footwear, apparel and equipment provider to 2027, with an option to extend the deal to 2031.
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The relationship between Nike and Michigan State dates to 2001, when five teams were outfitted. But the parties moved to an agreement for all of Michigan State's teams.
Michigan will be under contract with Nike through the 2027 season and possibly through 2031 if the school agrees to an extension. The Wolverines made history as the first football team to agree to a deal with Michael Jordan's Jumpman brand.
“Michigan State Athletics extended its contract with Nike through 2027, per the latest contract (via FOIA),” Brooks said. “The previous deal ran through the 2023-24 year. Nike pays MSU $550,000 for 23-24 and $700,000 the next three years.”
Michigan State Athletics extended its contract with Nike through 2027, per the latest contract (via FOIA).
Chelsea FC and Nike have agreed the largest kit sponsorship/ supply agreement in the English Premier League worth £900m (£60m per year for 15 years). The announcement comes nearly 6 months after the Chelsea and Adidas kit sponsorship/supply agreement was terminated part way through a 10 year term.
Subsequent generations have brought about a few more athletes deemed worthy of exceptionally long-lasting endorsements, from four-time NBA championship winner LeBron James to World Cup winner Cristiano Ronaldo, both of whom are signed to Nike with lifetime deals.