Snapshot
July 17, 2015

Nike signs on as official sponsor for University of Michigan Wolverines

Participating in this sponsorship deal:

Nike logo Uofmichigan logo

About Sponsor:

Nike, Inc. is a major publicly traded sportswear and equipment supplier based in the United States. The company is headquartered near Beaverton, Oregon, which is part of the Portland metropolitan area. It is the world's leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$18.6 billion in its fiscal year 2008 . As of 2008, it employed more than 30,000 people worldwide. Nike and Precision Castparts are the only Fortune 500 companies headquartered in the state of Oregon, according to The Oregonian.

About Property:

The Michigan Wolverines comprise 27 varsity sports teams at the University of Michigan. These teams compete in the NCAA's Division I and in the Big Ten Conference in all sports except women's water polo, which competes in the NCAA inter-divisional Collegiate Water Polo Association.

Activation Locations
Read More
According to a term sheet dated July 6, Michigan would receive $169 million over the 15-year agreement, with $12 million in upfront money, $76.8 million in additional cash over the course of the deal and $80.2 million in apparel for the school's 31 teams. That is an average of $11.3 million per year.
Read more at www.freep.com »
Comparable Deals
Nearby Deals

View cost of comparable deals

Signup as Professional
Deal Analysis

View Deal Details

Signup as Professional
People
<2>View Deal Makers Signup as Professional