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Nike puts $88 million on the table for University of Oregon

Nike offers to more than doubles its current sponsorship contract with the University of Oregon

Posted: Nov 30, 2017 5:22 PM
Updated: Nov 30, 2017 5:38 PM

EUGENE, Ore. - The University of Oregon is expected to get more flash and cash from Nike.

The Oregonian reports that Nike's current deal with the Ducks expires in June.

Nike has reportedly offered to more than double that contract, giving the school $88 million over the next 11 years.

They said Nike would pay up to $2.5 million in cash and send up to $6 million in gear each year.

The board of trustees is expected to consider the offer next Thursday.

If they take the contract, the Ducks will reportedly get a $3 million dollar signing bonus.

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