UO unanimously approves Nike sponsorship

The Board of Trustees voted to approve a new contract with Nike.

Posted: Dec 8, 2017 1:07 PM

EUGENE, Ore. -- The Board of Trustees at the University of Oregon has unanimously voted to approve an $88 million contract with Nike.

The new contract is an 11-year agreement. The current contract with Nike expires in June of 2018.

The Oregonian reports Nike would pay $2.5 million in cash and spend $5 to $6 million in gear each year.

The Ducks will also receive $3 million signing bonus.

Article Comments

Eugene
Overcast
44° wxIcon
Hi: 54° Lo: 31°
Feels Like: 38°
Corvallis
Broken Clouds
35° wxIcon
Hi: 55° Lo: 32°
Feels Like: 35°
Roseburg
Overcast
47° wxIcon
Hi: 52° Lo: 32°
Feels Like: 44°
North Bend
Overcast
44° wxIcon
Hi: 57° Lo: 39°
Feels Like: 40°
KEZI Radar
KEZI Temperatures
KEZI Planner

LATEST FORECAST