12/7/2017: All the cash and apparel goes to the Duck Athletic department, except for a cut of the royalties for the academic side. Academic Departments will have to contract with Nike if they want to sell t-shirts. More details in the Register Guard here:
Stanton said that the additional money from the deal would be used to keep up with department’s growing expenses “including the rising cost of scholarships and student-athlete support,” rather than being spent on new initiatives, facilities, or staff.
Really? Because I heard Mullens was planning to give the money to Willie Taggart. And last time I looked the Ducks were telling Duck Athletic Fund donors that it was their donations that paid for scholarships and student-athlete support. And you wouldn’t want to misinform the donors – there’s a state law about that, as Jamie Moffitt knows.
My apologies to GC Reed for blaming him for this deal in my first post below.
11/30/2017: GC Kevin Reed negotiates a vastly improved apparel deal with Nike
The details are still under negotiation, but the basics are on the UO Board website here (pdf p56):
I wonder how much of the $3M bonus and annual payments will go to the academic side?
In comparison the old deal was a giveaway – though the administration did get themselves some free sneakers out of it:
Here’s a breakdown of Nike’s [athletic apparel] deal with each university in the playoffs. The terms cover the 2014-15 academic year [reordered in descending order of cash payment]:
– Ohio State: $2.5 million in equipment and apparel and nearly $1.5 million in cash. The university also gets $150,000 in discretionary apparel, typically for athletic department personnel.
– Florida State: $3 million in equipment and apparel and $1.4 million in cash.
– Alabama: $2.8 million in equipment and apparel, $780,000 in cash.
– Oregon: $2.2 million in equipment and apparel and $600,000 in cash. The university also gets $185,000 in discretionary apparel, typically for athletic department personnel.
But hey, we’re #1 in “discretionary apparel”!
From what I can tell from Dave Hubin’s redacted public records, $30K of that goes to our colleagues in Johnson Hall, presumably including some who signed off on the contract. So they’ll be looking good on their Jan 1 Rose Bowl junkets.