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Why do we stay with Russell Athletic?
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<blockquote data-quote="GTFLETCH" data-source="post: 292828" data-attributes="member: 1668"><p>Boy I hope I am wrong... If we could get a deal like that 3.5M cash and 4.7M in product for a total of 8.2M that would be huge!!!</p><p></p><p>I am skeptical because in 2008 RA was the best deal at 10 year 20M... If GT was so valuable surely someone could have outbid RA and given us 2.5M....But that never happenes and Nike is dumping schools like Rutgers to throw more money at the schools they value most like Bama,UNC, and Oregon.</p><p></p><p>So the unknown factors would be does UA or Adidas value the GT and Atlanta Market enough to pay us 4-8M or would they be better off scooping up say Rutgers and Iowa for a total of 4-8M...I think that may hurt us when negotiating.</p><p></p><p>I know I am looking at the glass half empty but the bottomline is we need to look at it half empty until GTAA can show us they are serious about GT branding moving forward.</p><p></p><p>Does it not bother anyone that GTAA is not buying themselves out of the Russell deal?? I mean if we had UA, Adidas or Nike beating down the door offering us 6-8M per year it seems like a no Brainer buy out of the last year for 2.5M and the GTAA would still make 3.5M plus in year 1.</p><p></p><p>I think I know why, we are more like Rutgers than we are Louisville.. If GT Men's BBALL team makes March Madness the next two years and if the football team wins the ACC title next year we may get a company to throw 5M at us...but more likely we are looking at a recent deal like Rutgers got from Adidas 1.7M or Nike paid Washington State 2.3M...</p></blockquote><p></p>
[QUOTE="GTFLETCH, post: 292828, member: 1668"] Boy I hope I am wrong... If we could get a deal like that 3.5M cash and 4.7M in product for a total of 8.2M that would be huge!!! I am skeptical because in 2008 RA was the best deal at 10 year 20M... If GT was so valuable surely someone could have outbid RA and given us 2.5M....But that never happenes and Nike is dumping schools like Rutgers to throw more money at the schools they value most like Bama,UNC, and Oregon. So the unknown factors would be does UA or Adidas value the GT and Atlanta Market enough to pay us 4-8M or would they be better off scooping up say Rutgers and Iowa for a total of 4-8M...I think that may hurt us when negotiating. I know I am looking at the glass half empty but the bottomline is we need to look at it half empty until GTAA can show us they are serious about GT branding moving forward. Does it not bother anyone that GTAA is not buying themselves out of the Russell deal?? I mean if we had UA, Adidas or Nike beating down the door offering us 6-8M per year it seems like a no Brainer buy out of the last year for 2.5M and the GTAA would still make 3.5M plus in year 1. I think I know why, we are more like Rutgers than we are Louisville.. If GT Men's BBALL team makes March Madness the next two years and if the football team wins the ACC title next year we may get a company to throw 5M at us...but more likely we are looking at a recent deal like Rutgers got from Adidas 1.7M or Nike paid Washington State 2.3M... [/QUOTE]
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