I'm not sure it's a great bet, Cali. If what I understand is correct (and this thread sure as hell is hard to follow), the bet is RU's next apparel contract with Nike or competitor is over/under $40k, regardless of length of contract...that's a whole lot more money. If the current contract is 5.2 for 5 years (projected out 10.4 for 10 years), that'd be a 380% increase. I'm sure the contract will be bigger, but not sure that much bigger.
Nike Currently Gives $130,000 to RU for Uniform Contract
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As mentioned, Cal was where we are now and went to $86MM. I believe we will exceed that. I am willing to bet we will get half.
Apparently this dude is all talk. Shocker.
Apparently this dude is all talk. Shocker.
That's what trolls do and hijacking thread to make conversation arguing with the troll is the object.
But we all know that is the way trolls operate.
Sure, but that's only Under Armour. Nike seems notoriously cheap with their contracts The new deal they signed with Michigan which takes effect this summer is a 7-year deal worth 40million. And apparently they only pay the Buckeyes 3.5million clams a year. Unless RU signs a UA deal, 40 million + seems unlikely.
I'm not sure where you're getting your #s for Michigan & tOSU as they're way off. Michigan gets up to $173.8M & tOSU $252M. Here is the entire contract for the new Michigan Nike deal for up to $173.8M:
http://www.freep.com/story/sports/c...s/2016/04/26/michigan-nike-contract/83533954/
Sorry, I screwed the pooch on my numbers. What I was looking at I think only accounts for Michigan's cash compensation, not the combined cash plus equipment. Forget what I said.
But wouldn't it be fun to win just to piss some people off.
Like the Shoe and UConn folks will be with Pat Hobbs doing his thing and hopefully Pikiell doing his.
If they're the highest bidder then I'd say yes. It feeds our coffers too and that's what we have to be concerned with first and foremost. If it's a beat by any measurable margin then I don't think you can worry about that kind of ancillary stuff.
That's what Temple got from UA. I would think the Big10 connection will bring more cash.
UA just gave UCLA the largest collegiate apparel deal ever at $280M for 15 yrs: http://www.latimes.com/sports/ucla/la-sp-0525-ucla-under-armour-20160525-snap-story.html
UCLA will receive $15 million in cash up front, according a person with knowledge of the agreement who was not authorized to speak publicly.The school will subsequently be paid approximately $11 million annually in rights and marketing fees.
Under Armour has agreed to supply about $7.4 million worth of clothing, shoes and equipment each school year and contribute an additional $2 million over the next eight years for upgrades at facilities such as the Morgan Center and the Acosta Athletic Complex.
UCLA will receive $15 million in cash up front, according a person with knowledge of the agreement who was not authorized to speak publicly.The school will subsequently be paid approximately $11 million annually in rights and marketing fees.
Under Armour has agreed to supply about $7.4 million worth of clothing, shoes and equipment each school year and contribute an additional $2 million over the next eight years for upgrades at facilities such as the Morgan Center and the Acosta Athletic Complex.
Repeating what the guy from Nike said in the video about Rutgers:
"It is the media capital of the world and all eyes are on New York City and there is a halo effect on the tri state area and we would be missing a great deal if we did not have Rutgers University in our portfolio."
Back up the Brinks truck, Pat Hobbs. Leverage UA against Nike and see where we end up.
I wish we could get something like this. Damn...
That's crazy money. And drives up the price for the opportunity outfit RU.
Where is that Penn St. fan DNA? As soon as money gets talked about he never shows his face.
How typical.
Where is that Penn St. fan DNA? As soon as money gets talked about he never shows his face.
How typical.
I agree exactly with that quote. The same reason I said we'd get into the B10 and the reasoning for it is the same reason our contract is going to be much bigger than what we get now regardless of Hobbs or whomever. Our market in combination with the exposure of a conference like the B10 is going to help us immensely even if the stature of our programs aren't at top of the hill.
Now how big are the numbers going to be? I don't know but I don't think putting up numbers like Cal earlier in this thread as a barometer is unreasonable. This UCLA contract just shows the power of a market tacked onto a program with some stature. So maybe not UCLA but Cal numbers and others that have come out recently don't seem unrealistic given our market and exposure in the B10. Like I said above, go with the highest bidder whomever it is.
Though I am sure plays a part, the number of eyeballs and the market what most matters.
I know the department is excited to get this bid process underway, and rightfully so. It's going to be big for the school.
I know the department is excited to get this bid process underway, and rightfully so. It's going to be big for the school.
I'm aware of the history of the school but really basketball (where they have a rich tradition) and football where they've been good from time to time are really the only 2 that matter. Point is I think they're very much buoyed by the fact they sit in LA. UCLA might have great basketball tradition but would you normally think of them as being worthy of the richest apparel contract over other schools like Michigan, ND etc..I wouldn't but I think their market helps them and the scarcity of name brands out west as well.
In the same vein, I think we too will be buoyed by our market and get a larger number than our athletic performance to date might justify. How big is up for debate. I don't think a program like Cal seems like an unreasonable comparison. Besides just like tv contracts have ballooned as of late, UA/Adidas seem to be determined and committed to getting a piece of the pie which is really driving up numbers even more.
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It's the second biggest market, split between to different factions. USC is an elite Nike school. They aren't going to leave Nike and Nike will pay them to make sure they don't.
Through the last 15 years, UCLA has had Reebok, Adidas and now Under Armour.
Rutgers is the only P5 school in the biggest market. Pat Hobbs is a smart dude. He isn't going to let this opportunity slip by. I am pretty sure his strategy is already set. He is prepared.
Through the last 15 years, UCLA has had Reebok, Adidas and now Under Armour.
Rutgers is the only P5 school in the biggest market. Pat Hobbs is a smart dude. He isn't going to let this opportunity slip by. I am pretty sure his strategy is already set. He is prepared.
Under Armour doesn't inflate Maryland's contracts with Under Armour. UMD is currently two years into a 10-year extension valued at $3.4 million per year. That was signed before apparel contracts exploded to the levels they're at today, but that was market rate a few years ago. Maryland probably gets more uniform combos and "custom" stuff as the flagship school, but the contract money is (was) market rate.
I suppose one could argue that Kevin Plank isn't giving $25 million to all UA schools toward their football indoor practice facilities, but that's just a wealthy guy giving to his alma mater.
That would be awful..
15 years, 75M at least. Not too much higher I'd think but it'll be up there.
DNA and his buddy. Just a couple of Williamsburg hipsters heading out to their local to catch the ND game.
I kind of agree with this. I think 5-8M (including cash and apparel) seems like a reasonable range. It's a fairly wide range but I think it's hard to pinpoint exactly where in that range we might fall in this heated apparel market.
IMO anything much lower or much higher then the ends of that range would be surprising.
AU doesn't invest in traditions and past achievements because it's all about betting on the feature with its owner and marketing team.
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well Maryland gets $3.4 million per year for their uni's, Rutgers gets $130k currently.... Thanks for making my argument for me. I'll be thrilled if we get that kinda contract when we re up
I skipped through about 5 pages of this thread hoping dna22 would be banned by now for being an uninformed troll. Mods need to step up their game. By the way, I have come across a dozen or more RU fans in redneck Lynchburg VA, almost 400 miles from campus and smack in the middle of ACC land. Dna22 is full of it.
Agreed, 10 years at $30 mill is a loser prediction
15/75, probably right on, but j hope they shoot for a shorter term so when the program is more competitive they can renegotiate for more
Sanity reigns.
"I wanted to go back to a traditional Rutgers look, one that was identifiable with us when we go play,” coach Chris Ash said.
“When somebody sees our helmet or our jerseys, they can say, ‘Yeah, that’s Rutgers.’ I’m not into the Oregon thing – all the different uniforms and colors and things like that. I wanted a nice, clean, professional look that is traditional and identifiable with Rutgers.”
"I wanted to go back to a traditional Rutgers look, one that was identifiable with us when we go play,” coach Chris Ash said.
“When somebody sees our helmet or our jerseys, they can say, ‘Yeah, that’s Rutgers.’ I’m not into the Oregon thing – all the different uniforms and colors and things like that. I wanted a nice, clean, professional look that is traditional and identifiable with Rutgers.”
All I know is Hobbs is all over this and we will have a much better deal than we had before. Cal deal is a target. Our market is a huge opportunity for these types of deals.
We will go with the highest bidder, obviously, but I hope it is Nike. Their products are just better all the way around, not to mention pervasive across the spectrum of most every sport. They make/brand everything from lacrosse equipment to swim suits.
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