Posted On: 01/15/2016 10:32:09 AM
Post# of 22467
...oddball tidbit; then again, you never know
Nike has agreed to a $252M deal with Ohio State University to extend its existing sponsorship by 15 years, escalating an arms race among sportswear makers and top sports schools. In the past year, Nike (NYSE:NKE) has also signed a 15-year, $250M renewal with the University of Texas at Austin and reached an 11-year, $169M deal with the University of Michigan.
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Nike has agreed to a $252M deal with Ohio State University to extend its existing sponsorship by 15 years, escalating an arms race among sportswear makers and top sports schools. In the past year, Nike (NYSE:NKE) has also signed a 15-year, $250M renewal with the University of Texas at Austin and reached an 11-year, $169M deal with the University of Michigan.
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