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The Rich Get Richer - A&M's New Deal w/ adidas
Posted on 8/14/15 at 7:33 pm
Posted on 8/14/15 at 7:33 pm
LINK
While I don't think the #3 ranking is still 100% accurate, it is still one of the highest in the nation.
quote:
Texas A&M is the (sort of) new king of the SEC when it comes to athletic apparel deals. The university signed a giant deal with Adidas in February that ranks No. 1 in the conference and among the top in collegiate sports.
The university will get $7.1 million in benefits from the deal in the upcoming academic year, including $1.7 million in cash and $4.5 million in equipment and apparel. (Adidas values equipment and apparel at wholesale prices, which is roughly 50 percent of retail. The Business Journal reports retail values.)
The university also will get $200,000 in "retail activation" and $450,000 in marketing support. It's also guaranteed at least $333,000 in royalties.
The deal ranks No. 3 among the contracts in the Business Journal's database of public universities, behind the University of Michigan ($8.2 million) and UCLA ($7.5 million). The calculations for the Michigan and UCLA contracts, both with Adidas, do not include royalties.
While I don't think the #3 ranking is still 100% accurate, it is still one of the highest in the nation.
Posted on 8/14/15 at 7:33 pm to Farmer1906
Ho hum. Just another day at the Texas flagship.
Posted on 8/14/15 at 7:34 pm to Farmer1906
God. We just have too much fricking money
Posted on 8/14/15 at 7:34 pm to Farmer1906
quote:
Rich get richer
quote:
Adidas
Posted on 8/14/15 at 7:34 pm to Gradual_Stroke
quote:
Just another day at the Texas flagship.
What happened at Texas?
Posted on 8/14/15 at 7:35 pm to BallstotheWesleyWall
We just signed with Adidas. Read the fricking title
Posted on 8/14/15 at 7:36 pm to Farmer1906
You fricktards. Even dumbass Tennessee was smart enough to ditch that second-rate company.
Posted on 8/14/15 at 7:36 pm to Farmer1906
Still Adidas.
Still Shitty.
Still Shitty.
Posted on 8/14/15 at 7:37 pm to rockytop627
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dumbass Tennessee
We just say "Tennessee"
Posted on 8/14/15 at 7:37 pm to BallstotheWesleyWall
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What happened in Texas?
This just happened.
Posted on 8/14/15 at 7:38 pm to Farmer1906
Yea,but its still Adidas and their uniform designs still suck...who exactly do have left? MSU?
Sounds like they're getting desperate and will take whatever skin in the game they can take.
Sounds like they're getting desperate and will take whatever skin in the game they can take.
This post was edited on 8/14/15 at 7:40 pm
Posted on 8/14/15 at 7:39 pm to rockytop627
quote:
You fricktards. Even dumbass Tennessee was smart enough to ditch that second-rate company.
quote:
Nike took over as Tennessee's main apparel provider Wednesday as part of an eight-year contract worth about $35 million in money and gear.
A&M's deal is 7 years, ~50 M.
Who's the fricktard?
Oh and we buy adidas @ wholesale while you pay retail for Nike so the gap is actually much larger.
Posted on 8/14/15 at 7:41 pm to Gradual_Stroke
quote:
Ho hum. Just another day at the Texas flagship
Texas, TCU, Baylor, Texas Tech, Houston, Mary-Hardin Baylor all have better football programs than aggy
Posted on 8/14/15 at 7:42 pm to Farmer1906
Nike is a far better product.
Posted on 8/14/15 at 7:42 pm to Farmer1906
I'm pretty sure this is supposed to go here.
This post was edited on 8/14/15 at 7:45 pm
Posted on 8/14/15 at 7:43 pm to Farmer1906
volfan has never been accused of being savvy businessmen.
Posted on 8/14/15 at 7:46 pm to rockytop627
quote:
Nike is a far better product.
Its so much better that the difference in the deals is about what it costs to build a new baseball stadium.
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