Apparel Contract Updates - 5/27/15

Great article by ACC football RX.

I sometimes wonder if FSU too often locks itself into long range deals.  Just a thought.


Apparel Contract Updates - 5/27/15

"Here is the newest information I have at this time on the values of [published] ACC apparel contracts:

University	Company	total value*	expires
Louisville	Adidas	$5,680,000	6/30/2018
Florida State	Nike	$4,400,000	7/31/2023
N. Carolina	Nike	$3,550,000	6/30/2018
NC State	Adidas	$3,025,000	6/30/2016
Georgia Tech	Russell Athletic	$2,300,000	6/30/2018
Virginia	Nike	$1,575,000	6/30/2016
Virginia Tech	Nike	$1,275,000	6/30/2018
Clemson	Nike	$1,000,000	6/30/2015

* includes both cash and clothing.

NOTE: this data is current as of the 2014-15 athletic school year; data from other ACC schools is not available at this time.

BOTTOM LINE: It looks like Louisville is maximizing its profit potential here. FSU is close to max, but probably not quite. Virginia Tech and Clemson are seriously lagging behind... Good news for the Tigers: their contract with Nike expires at the end of June (6/30/2015) and should increase soon! Bad news for the Hokies: their contract runs through 2018.

NOTE: Georgia Tech's contract with Russell Athletic stated that they would get a bonus for winning a BCS game; I wonder if that applied to the Orange Bowl last season, and how much the bonus was?

SOURCE: http://www.bizjournals.com/portland/blog/threads_and_laces/2013/12/database-nike-adidas-under-armour-ncaa.html"