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Why do we stay with Russell Athletic?
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<blockquote data-quote="GTFLETCH" data-source="post: 292515" data-attributes="member: 1668"><p>Your Numbers are Wrong... Rutgers deal with Nike was 1M per year... The new Adidas deal is for 1.7M per year or 6 year 10M dollar deal. Not even close to the 11-12M range. It is even less than the 10yr - 20M deal GTAA has with RA that ends in 2018.</p><p></p><p>Good News is that the Rutgers new "deal" is the lowest contract from Adidas, the next lowest deals with Adidas are Mississippi ST 2.5M (ends 2021) & Nebraska at 3M (Ends 2018)... So one could conclude that we should be able to switch to Adidas and ensure GTAA does not lose money as we should be able to get a 2M - 3M deal from Adidas, and with a bidding war between UA and Adidas we may get lucky and get up to 5M per year! That would be great!</p><p></p><p>We will not get any solid bids from Nike as they are trying to reup with current Football Power house Bama and Current Basktball Power house UNC in 2018, also they are negotiating with Oregon. Nike let Rutgers walk so they could throw the "Rutgers" money into the new deals with Bama, Oregon and UNC. I am not so worried that Nike won't sign GT as I am worried that Nike will allow Iowa, Iowa St and others go like they did with Rutgers and with so many teams looking for new deals, the deals are lower!! </p><p></p><p>At this point if we can find a company willing to give us 2.5M a year Adidas, UA, or Nike I think it is a win for Tech!!!</p></blockquote><p></p>
[QUOTE="GTFLETCH, post: 292515, member: 1668"] Your Numbers are Wrong... Rutgers deal with Nike was 1M per year... The new Adidas deal is for 1.7M per year or 6 year 10M dollar deal. Not even close to the 11-12M range. It is even less than the 10yr - 20M deal GTAA has with RA that ends in 2018. Good News is that the Rutgers new "deal" is the lowest contract from Adidas, the next lowest deals with Adidas are Mississippi ST 2.5M (ends 2021) & Nebraska at 3M (Ends 2018)... So one could conclude that we should be able to switch to Adidas and ensure GTAA does not lose money as we should be able to get a 2M - 3M deal from Adidas, and with a bidding war between UA and Adidas we may get lucky and get up to 5M per year! That would be great! We will not get any solid bids from Nike as they are trying to reup with current Football Power house Bama and Current Basktball Power house UNC in 2018, also they are negotiating with Oregon. Nike let Rutgers walk so they could throw the "Rutgers" money into the new deals with Bama, Oregon and UNC. I am not so worried that Nike won't sign GT as I am worried that Nike will allow Iowa, Iowa St and others go like they did with Rutgers and with so many teams looking for new deals, the deals are lower!! At this point if we can find a company willing to give us 2.5M a year Adidas, UA, or Nike I think it is a win for Tech!!! [/QUOTE]
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