The topic of who pays for uniforms came up in the Black Uniforms on Black Friday thread, so I did a little investigating and found this article from the Washington Business Journal:
How Under Armour and Nike play ball with Maryland, Virginia and Virginia Tech
A few highlights:
Virginia Tech has a similar deal with Nike, with the company giving the school $1 million in equipment and apparel and $275,000 in cash. A good portion of that cash allowance is given directly to head football coach Frank Beamer. Since 2007 and until the end of 2015 Beamer gets $150,000 of Nikes yearly payment. If Beamer no longer coaches the team, Nike has the option of decreasing the cash payment by up to $75,000, with the remaining payments going straight to the university.
Another interesting wrinkle in Virginia Techs contract is the absence of performance bonuses for the football program. Maryland and Virginia have bonuses tied to conference championships and BCS bowl appearances, but neither school has accomplished those feats under the current contracts. Under Virginia Techs latest contract, the Hokies have won the ACC twice and played in four BCS bowl games.
Virginia Tech does have performance bonuses tied to the mens and womens basketball team, earning the school up to $25,000 for a mens Final Four appearance and $10,000 for a womens final four appearance.
and some additional perks for Nike
Virginia Tech (Nike):
- 4 season tickets to football games (between the 30-yard lines)
- 6 tickets to bowl games
- 8 season tickets to mens and womens basketball games
- 12 tickets to postseason games (conference and NCAA tournament games)
- 4 season tickets to other ticketed programs
Nike also gets an additional 22 tickets to one mutually agreed-upon womens basketball game and two sideline passes for each home football game upon request.
You can search for publicly available apparel contracts here: See what your university gets from Nike, Adidas or Under Armour (Database)
And a direct link to download Virginia Tech's contract with Nike
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