Nike will continue to outfit the University of Texas. The two parties have reportedly agreed to a new 15-year agreement that will reportedly be more lucrative than the deal Nike recently signed with Michigan.
Michigan's recent deal with Nike was a 15-year, $169 million-dollar deal. So the deal between Nike and Texas should me an even bigger mind-staggering number.
The new agreement still needs to be approved by the University of Texas board of Regents.
(via Dr. Saturday)
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