Rutgers Athletics expected to sign new apparel contract with Nike
- Thread starter Richie O
- Start date
Just goes to show how horribly negotiated the last deal was.
Will need it jump to 6 million a year in principal means about 1.2 million or almost a 1 million more a year for paying players.
Edit: it’s 3 million a year.
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How do these deals work? I read we signed with a 3rd party company that supplies Nike. Is that really signing with Nike? Or is that company a division of Nike?
Why isn't this type deal made at the conference or league level?
Wouldn't that make more sense?
Everyone complains about players "wanting their own" but the actual spirit of college athletics seems to be "every program/conference get their own and give two sh@ts about anyone else or the collective improvement of college athletics."
Wouldn't that make more sense?
Everyone complains about players "wanting their own" but the actual spirit of college athletics seems to be "every program/conference get their own and give two sh@ts about anyone else or the collective improvement of college athletics."
Nike and the NFL also just extended their contract.
https://www.espn.com/nfl/story/_/id/42912249/nfl-nike-extend-partnership-10-more-years
https://www.espn.com/nfl/story/_/id/42912249/nfl-nike-extend-partnership-10-more-years
it's Rutgers
every single person in the athletic and marketing departments needs to be fired
have yet to meet a single person that doesn't suck
I also don't think this deal is as good as some think as it still puts us at the bottom
I agree, but no Penn State fan, ever in the history of life, should be throwing stones after a three decade long, institutionally hidden, child rape cover-up
Except for local shops in college towns ( ex. Scarlet Fever in New Brunswick), the Big Ten needs to make sure all companies that get a license to produce a product ( ex. Alarm clocks that play a school fight song) for schools have to make them for all Big Ten universities.
Here is part of the article from Carino:
The university’s board of governors during Tuesday’s meeting is expected to authorize a contract with BSN Sports, a third-party distributor, that makes Nike the official outfitter of the Scarlet Knights. The deal will begin July 1, 2025, and be for a five-year team, with one optional five-year extension, with a total estimated value of $30 million, according to documents on the school's website.
“ He interviewed very well” our AD on previous horrible Football hire.
That is a good idea. I actually have the RU Rah Rah etc.,,as a ringtone for one of my contacts.
I don’t use an alarm clock much but never thought to look if I can set that up the same way.
Edit: yea you can set up an alarm to be custom just like the ringtone…makes sense
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Pathetically, that seems to be the case. We're probably the only Big Ten program with this kind of low major deal.
Surprised there's not more discussion of this. Is there another thread somewhere? Feels like a huge indictment of our Athletic Department
Because Phil wants other schools fan buy Nike apparel while he funds his Al mater Oregon
been saying for years, the entire dept needs to be fired and start from scratch. You'll never meet a more incompetent lot outside of IRS employees
I mean...what's positive here? We have the worst apparel license in the big ten...not even a direct deal with Nike. According to Fonseca it's an arrangement on par with mid and low majors. He gave the list of D1 schools that have deals through these BSN clowns.
Cincinnati, Hofstra, Wichita State, Charlotte, North Texas, Vermont, New Hampshire, Alaska.
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If "worst" is your takeaway, you have reading comprehension problems and like to put your own spin on things. Just like in the drones thread. That's OK, and we are all different.
Rutgers' deal is $6M/year for 5 years.
Illinois- $4.45M/year
Indiana- $5.4M/year (10 years)
Iowa- $4M/year
Better than Minnesota's and Michigan State's deals too. Maryland's deal is with their sugar daddy alumnus.
Please explain how more money than our peer B1G institutions is the "worst" deal in B1G.
Be happy, it's fun!
Ha. It's you who has reading comprehension AND perhaps basic arithmetic problems. Read the deal again.
"The proposal is for a five-year deal with an option of a five-year extension worth a combined $30 million “inclusive of the extension term.”
No wonder you believe in flying saucers. Aren't you embarrassed to be so rudely and aggressively incorrect? How about an apology.
It's $3 million a year. Knight Shift is either illiterate or really bad at math.
How about GFY.
The only place saying "inclusive of the extension term" is the highly suspect NJ.com sewer, a place you love to swim in, bc you are a turd at the bottom of the sewer.
Can't find any official documents or minutes from the BOG. I know people who can get the facts, and until they come out, I will not share them publicly or with you, for sure.
But even taking the dimmest and dimwitted view you usually take, the RU deal is not worst. It's better than Minnesota's at $2.2M and better than Michigan State's at $2.1 Million.
If you want to lob insults and start war, make sure you are correct. Otherwise, be prepared to get annihilated like you have gotten on the drone thread. Have a great life, you are not worth any more of my valuable time.
What the heck is up with my Get Smart Shoe phone?—Knightshift didn’t write the second paragraph lol.
This is priceless. "Make sure you are correct" when, according to published reports, you are off on the amount of our deal by 100% lmfao.
And now that we know you're a boor who understands nothing, I find all your other numbers suspect. Michigan State, for instance, HAD a deal worth $34 million over ten years, AND they recently extended and increased it. That was signed in 2016! So you are wrong yet again. How much will you turn out to be wrong about? And you're delusional about the drones too considering I have every federal agency on my side and you have morons who think Venus is an Iranian invasion.
As for Minnesota, I haven't yet found info on their latest deal. But considering they have a direct deal with Nike I'm sure it will also turn out to be more. You know who has a third party deal with BSN? Minnesota State. If we do turn out to scrape ahead of Minnesots then yay I guess. We're only the second worst in the entire conference in addition to being, apparently, the only P5 team wirh a BSN deal.
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you know some of those deals were signed almost 10yrs ago right?
this isn't a good deal for a team in a premier conference in the media capital of the world.
RU marketing is abysmal at best and these type deals are the result
Recognize that those deals are older.
RU's marketing is not abysmal, as you put it, but it is not anywhere near great. Their branding improved quite a bit in the last 10 years. At least in Newark airport, there are block Rs in the terminals to remind people that Rutgers is the State University of New Jersey.
But the best marketing is to be a blue blood, which Rutgers is not.
The next best marketing is to have a sustained record of winning, and going to the NCAA tournament for men's hoops, and several winning seasons. Rutgers just had its first winning season since 2014 in 2023. Maybe that is why Indiana got a sweet deal from Adidas because of their off the charts year this year.
Michigan State's deal was 2024, and RU's is better even if it is $3M/year.
Don't see Minnesota getting that much more when they get their new deal.
The negative drumbeat of some around here is tiresome. Perhaps people need more realistic expectations and comparisons to true peer institutions.
Heard a rumor that Adidas is not supplying all that was promised to our spring sports. Uniform and supply delays? Anyone have any information. Heard last night from a reliable source. Practice uniforms not delivered or not enough and game uniforms in limbo.
I think Salvi has you on this one.
So how much do they pay for the first 5 years.. if they do not extend another 5? Seems like it is back-loaded. I do not like the idea of big promised money for the extension if the vendor has all the control. That is, there is no upside if Rutgers out-performs during teh first 5 years.. the pay rate for teh second 5 years is set in stone. And if Rutgers under-performs, then the vendor can drop us or renegotiate much lower.
Also understand that the number is "total value. " We will be paid much less than 3 mil a year.
Has anyone seen the contract? I have seen multiple postings. Some saying 5 year 30 million with a 5 year option. Some saying total value 10 year 30 million. The Asbury park article posted above, poorly written and vague, states as you say the 10 year option.
I looked on the Rutgers website and can’t find the contract. It’s odd to post 10 year value when the option hasn’t been triggered.
Granted we're not a blue blood, but who is signing these deals for us?
Feels like we still have a little league marketing department / Rutgers employees working for us with these numbers I'm seeing
Feels like we still have a little league marketing department / Rutgers employees working for us with these numbers I'm seeing
The apparel contract between Rutgers and BSN won’t be posted to the Rutgers website. Reporters are probably filing OPRA requests for this contract. The university will comply with these requests after a contract is fully signed.
The $30 million includes the five-year extension. This is stated clearly the publicly available document I posted to TKR on Wednesday.
This document is the meeting agenda for last Tuesday’s board of governors meeting in which the board voted on several items including approving the apparel deal.
It read in part, “a five- year term, with one optional five-year extension, with a total estimated value of $30 million (inclusive of the extension term)”.
The document doesn’t state how the $30 million will be paid or which party - Rutgers, BSN, or both - owns the option to extend.
Two other tidbits from the document: 1) Rutgers asked 5 apparel providers to submit proposals and only one, BSN, replied, 2) emergency procurement procedures needed to be invoked so Rutgers teams have uniforms for the fall 2025 season.