Indiana lands $53.6 million deal with adidas

by **Giant Moose** 2015-08-18, 15:03

Adidas will pay the Hoosiers $53.6 million through 2024, or $6.7 million a year, up a whopping 81% from the prior deal it had with Indiana.

Only the University of Michigan and UCLA have bigger deals, according to the Portland Business Journal's database, which tracks athletic contracts at 85 universities.

http://money.cnn.com/2015/08/18/news/indiana-university-adidas-deal/index.html?iid=hp-stack-dom

Hollis really messed up by agreeing to that $34 million, 10-year deal with Nike early.

by **Other Teams Pursuing That** 2015-08-18, 15:05

...and Adidas still sucks!

by **Floyd Robertson** 2015-08-18, 15:06

When I read this yesterday I wondered if Adidas is paying a premium just to have someone wearing their brand.

by **Giant Moose** 2015-08-18, 15:07

Other Teams Pursuing That wrote:...and Adidas still sucks!

So does Indiana, but they got $20 million more in an 8-year deal than we got for a 10-year deal.

by **Turtleneck** 2015-08-18, 15:12

Western Michigan just signed a 5 year $25 million deal with Sperry.

by Brock Middlebrook 2015-08-18, 15:34

I'm trying to get a 1 year deal with Kangol, but they're not returning my calls

by **Ass Dan** 2015-08-18, 15:35

Turtleneck wrote:Western Michigan just signed a 5 year $25 million deal with Sperry.

RTB, bro

by **steveschneider** 2015-08-18, 15:41

I'm lost, why should I care about a shoe deal?

by **Other Teams Pursuing That** 2015-08-18, 15:44

steveschneider wrote:I'm lost, why should I care about a shoe deal?

I think Moose's point was that IU got a better deal with Adidas than we did with Nike.

As much as I hate it, more $ gives you the ability to be better in this current college athletic landscape.

by **steveschneider** 2015-08-18, 16:06

Other Teams Pursuing That wrote:
steveschneider wrote:I'm lost, why should I care about a shoe deal?

I think Moose's point was that IU got a better deal with Adidas than we did with Nike.

As much as I hate it, more $ gives you the ability to be better in this current college athletic landscape.

Funny, back in the 90's UofM students protested Nike over the poor treatment in sweatshops and got the school to drop the brand. Now they are jizzin them selves over getting the Jordan Brand.

by **Turtleneck** 2015-08-18, 16:25

Ass Dan wrote:
Turtleneck wrote:Western Michigan just signed a 5 year $25 million deal with Sperry.

RTB, bro

Indiana lands $53.6 million deal with adidas E9403427227c907c21fa1614d2ad7ea1

by **Other Teams Pursuing That** 2015-08-18, 16:30

They actually have oars on their jerseys? No fucking way? Indiana lands $53.6 million deal with adidas 502811600

by **tGreenWay** 2015-08-18, 16:32

Turtleneck wrote:
Ass Dan wrote:

RTB, bro

So, is Fleck's hot wife available, because I'd be interested. Not saying more out of fear of being sued.

by **Turtleneck** 2015-08-18, 16:37

Other Teams Pursuing That wrote:They actually have oars on their jerseys? No fucking way?

I think it is an alternate, but not sure. It came from the Twitter account of the Kalamazoo Gazette's WMU beat writer. I started following WMU a bit more since they are on the schedule.

So odd that they are the Broncos, but have oars and other RTB images all over the place. It's like WMU and GVSU are merging into one athletic department.

by **Robert J Sakimano** 2015-08-18, 16:43

I have a deal with Vans....

by **Turtleneck** 2015-08-18, 16:57

Robert J Sakimano wrote:I have a deal with Vans....

You still play hacky sack?

by **Robert J Sakimano** 2015-08-18, 16:58

Turtleneck wrote:
Robert J Sakimano wrote:I have a deal with Vans....

You still play hacky sack?

I don't think I've ever played hacky sack a second in my life.

that said, it's hard to beat Vans. Mainly I wear boots pretty much every day of the year - but a good alternative is a pair of vans periodically. Keeps 'em guessing.

by **Other Teams Pursuing That** 2015-08-18, 17:27

How the hell do you ride a bike with boots on?

by **GRR Spartan** 2015-08-18, 17:30

Wonder if Nike pays Izzo, Dantonio (maybe Merchant too) on separate deals while IU gets coaches money and distrubtes it themselves.

by **Robert J Sakimano** 2015-08-18, 17:30

Other Teams Pursuing That wrote:How the hell do you ride a bike with boots on?

I can walk, too, dude.

by **Blanch32** 2015-08-18, 21:12

[quote="Giant Moose"]

Adidas will pay the Hoosiers $53.6 million through 2024, or $6.7 million a year, up a whopping 81% from the prior deal it had with Indiana.

Only the University of Michigan and UCLA have bigger deals, according to the Portland Business Journal's database, which tracks athletic contracts at 85 universities.

http://money.cnn.com/2015/08/18/news/indiana-university-adidas-deal/index.html?iid=hp-stack-dom

Hollis really messed up by agreeing to that $34 million, 10-year deal with Nike early.

Good thing he promoted everyone in the dept earlier this week. Don't worry we got those raises covered

by **Blanch32** 2015-08-18, 21:13

Other Teams Pursuing That wrote:They actually have oars on their jerseys? No fucking way?

I didn't realize horses were land ships

by **xsanguine** 2015-08-18, 22:33

Robert J Sakimano wrote:I have a deal with Vans....

I'd still rock Airwalk Ones if they ever reissued them.

by **Rocinante** 2015-08-18, 23:16

Adidas is dumb.

Firks down.

by **Rocinante** 2015-08-18, 23:17

Swype!!!!! You got me again bitch.

by **StylesGShmooth** 2015-08-18, 23:33

Robert J Sakimano wrote:I have a deal with Vans....

I got more money for a shorter contract with Vision Street Wear.

Also, forks down. Take your stinking paws off my spittoon you dirty scrubs.

by MrMojoRisin 2015-08-19, 02:11

Giant Moose wrote:
Other Teams Pursuing That wrote:...and Adidas still sucks!
So does Indiana, but they got $20 million more in an 8-year deal than we got for a 10-year deal.

Any Nike $ is greater than Adidas $ and crappy gear.

by **Giant Moose** 2015-08-19, 06:23

MrMojoRisin wrote:
Giant Moose wrote:
So does Indiana, but they got $20 million more in an 8-year deal than we got for a 10-year deal.

Any Nike $ is greater than Adidas $ and crappy gear.

Even Nike is throwing more money at schools now. So is Under Armour.

This year was a great time to get a large apparel deal, but for some reason our AD made a deal last year too early when the market wasn't as good.

by HT 2015-08-19, 07:18

Giant Moose wrote:
MrMojoRisin wrote:

Any Nike $ is greater than Adidas $ and crappy gear.
Even Nike is throwing more money at schools now. So is Under Armour.

This year was a great time to get a large apparel deal, but for some reason our AD made a deal last year too early when the market wasn't as good.

Yeah, I think Hollis jumped the gun a bit. Our value would have been sky-high after the combination of a top 5 finish in football and going to the Final Four in basketball.

No matter, because schools like Ohio State are in the same boat as us...when is our deal up?

by **Giant Moose** 2015-08-19, 07:49

HT wrote:
Giant Moose wrote:
Even Nike is throwing more money at schools now. So is Under Armour.

This year was a great time to get a large apparel deal, but for some reason our AD made a deal last year too early when the market wasn't as good.

Yeah, I think Hollis jumped the gun a bit. Our value would have been sky-high after the combination of a top 5 finish in football and going to the Final Four in basketball.

No matter, because schools like Ohio State are in the same boat as us...when is our deal up?

MSU's new Nike contract was signed in July 2014 and will end in July 2024. That replaced the prior deal that was set to expire in 2016.

I'm glad we are a Nike school over an adidas school but MSU getting $20 million less than IU is just plain ridiculous.

by **Dr. Strangelove** 2015-11-10, 11:14

And yet another deal proving that we should have held out for either less years or more dollars.

NC State signs $38 million over 6 years extension with addias.

http://www.newsobserver.com/sports/college/acc/nc-state/state-now/article44035650.html

by Guest 2015-11-10, 12:41

Giant Moose wrote:
Adidas will pay the Hoosiers $53.6 million through 2024, or $6.7 million a year, up a whopping 81% from the prior deal it had with Indiana.

Only the University of Michigan and UCLA have bigger deals, according to the Portland Business Journal's database, which tracks athletic contracts at 85 universities.

http://money.cnn.com/2015/08/18/news/indiana-university-adidas-deal/index.html?iid=hp-stack-dom

Hollis really messed up by agreeing to that $34 million, 10-year deal with Nike early.

I think Byrd talked him into it.

by **GRR Spartan** 2015-11-10, 13:17

Landscape for Adidas has changed a lot. umaa went back to Nike. Tennessee went back to Nike, ND switched to UnderArmor.

I agree with Floyd. Adidas is scrambling and paying more because UnderArmor has gotten more active and Nike is going after schools who Adidas captured when they entered that part of the market. At the same time Adidas has lost the NFL uniforms.

Its too bad MSU can't take advantage of Giant Moose and his 20/20 hindsight.

by **Robert J Sakimano** 2015-11-10, 13:18

good for Indiana and NC State.

by **Giant Moose** 2015-11-10, 19:35

GRR Spartan wrote:Landscape for Adidas has changed a lot. umaa went back to Nike. Tennessee went back to Nike, ND switched to UnderArmor.

I agree with Floyd. Adidas is scrambling and paying more because UnderArmor has gotten more active and Nike is going after schools who Adidas captured when they entered that part of the market. At the same time Adidas has lost the NFL uniforms.

Its too bad MSU can't take advantage of Giant Moose and his 20/20 hindsight.

20/20 hindsight? I would have told Hollis in July 2014 to wait to sign a deal to see where the landscape was closer to when the contract was up. It was clear Under Armour desperately wanted to expand and I would have used that leverage to get a better deal with Nike or walked to Under Armour. Hollis screwed that up royally when so many other ADs didn't.

by **xsanguine** 2015-11-10, 19:36

Giant Moose wrote:
GRR Spartan wrote:Landscape for Adidas has changed a lot. umaa went back to Nike. Tennessee went back to Nike, ND switched to UnderArmor.

I agree with Floyd. Adidas is scrambling and paying more because UnderArmor has gotten more active and Nike is going after schools who Adidas captured when they entered that part of the market. At the same time Adidas has lost the NFL uniforms.

Its too bad MSU can't take advantage of Giant Moose and his 20/20 hindsight.
20/20 hindsight? I would have told Hollis in July 2014 to wait to sign a deal to see where the landscape was closer to when the contract was up. It was clear Under Armour desperately wanted to expand and I would have used that leverage to get a better deal with Nike or walked to Under Armour. Hollis screwed that up royally when so many other ADs didn't.

Let's get that asshole fired!

by **Giant Moose** 2015-11-10, 19:38

xsanguine wrote:Let's get that asshole fired!

Hollis is a solid AD but is human. It sucks that he cost the athletic department millions of dollars, but he's done a lot of great things too.

by **xsanguine** 2015-11-10, 19:42

I know, I was kidding. No one is perfect.

by **goodbar** 2015-11-11, 12:39

Robert J Sakimano wrote:good for Indiana and NC State.

both fine American schools.

by **Turtleneck** 2015-11-11, 12:45

xsanguine wrote:I know, I was kidding. No one is perfect.

Sunshiner!

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