The Register-Guard reported today that the UO has reached a tentative 11-year, $88 million apparel sponsorship deal with Nike.
The new deal is worth over twice as much as the current UO-Nike deal that nets the University $3 million a year. According to the Register-Guard. The deal will go to the Board of Trustees next Thursday in order to be officially approved.
The full contract for the deal has not been released, but the UO said it will be before next week’s meeting to approve the deal.
Nike and the UO has long history Nike Co-founder Phil Knight is a UO graduate and has donated millions to the University. Most notably is the recent $500 million donation for the new Knight science campus that will be named after him and his wife Penny.
The Emerald reached out to UO athletics for comment and it did not immediately respond.
UO secures $88 million deal with Nike for apparel sponsorship
Casey Crowley
November 30, 2017
“Congratulations on your admission to the University of Oregon! I am a part of the Flight Crew which is a group of current students that are here to help you transition to the University of Oregon. I’m here to answer any questions you might have.” This year thousands of students …
0
More to Discover