We get $75 million for 10 years from Nike and 15% royalties from UK branded Nike sales which is a gross number so what is the net royalty revenue? Ask Eli and I’m sure he will tell us!!
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@OleMissSports and @adidas are close to finalizing a deal to make the sports giant the new apparel partner of Ole Miss Athletics, replacing Nike.
The deal is estimated to be around $200-$300 million over 10 years. 💰
Formal announcement coming soon.
Good question and only a few chosen ones know!!
If we only knew the true royalty deal and how many cuts are taken?
Replying to @pops51
I agree it could be better
But supposedly our royalties deal is the best.
And honestly we gotta get our football brand up to get a better deal. Football is where the money is.
If UK would tell us how much they truly net after JMI takes their cut I will decide in my own mind if it is a good deal. Right now I believe it to be too cheap! UKAA has lost millions in the last 3 years under former leadership $52 million round numbers.
Replying to @pops51
When UK signed the deal it was the 15th highest deal in the country. However, it was not capped like other schools, nor show only dependent. So every UK logo Nike apparel sold in the world, UK Athletics gets a 15% royalty. It’s a very good deal.
Penn states recently signed 10-300 with adidas
Ohio state 15 252
Texas 15 250
Michigan 15 173
Kentucky 10/75
Notre dame signed 10/90 in 2014
Who negotiated this deal? JMI and former AD? Seems like we left a lot of money on the table!!
The best player to ever wear the blue and white! Better son, friend, husband and father! Just a person who has a 100% approval rating! GOAT!!
Hartline was underrated and won some big games for UK until he was hurt on a dead ball play at South Carolina!! Cobb is the best player in UK history!!
instagram.com/stories/darby_…
This is so refreshing an AD who meets the people and cares about the BBN fan base! #firstclass #nothiding!!
Those three guys were so fun to watch and three of the greatest athletes in UK football history! JB was so fast!!
Great seeing @UKFootball LEGENDS Jerry Blanton, Derrick Ramsey, and Art Still today. 1976 SEC Champions. #BBN
kentucky.com/sports/college/… I agree with Governor Beshear the #1 job of the Prez is to raise money for the institution!!
Maybe he can make a nice donation and that would be a nice way to start. Two kinds of people in the world “Givers and Takers” ! This is all about Taking!!
Replying to @pops51
And if he’s a “fundraiser” who wants to give money to that guy? Making that much money??
It really is more than $3.2 million, don’t forget the buyout to MSU to get the new AD and where do those funds come from? It’s all affiliated not to mention the exposure to the swim and track coaches. #itallcostsmoney
It is clear to me that the UK leadership is tone-deaf to the BBN. The recent so called severance package and part time fund raising job that is still without a job description is a waste of money. It is still unclear where the funding source is being generated?? Raise money for UK not an outgoing AD. What other inside deals are or have been done??👀👀
Oh I will have a comment or two very soon. #otherpeoplesmoneyiseasytospend!!
Just curious if anyone knows if we have a new AD for Champions Blue or whatever they call UKAA? Been too long !! #wakeupEli time to do something!!
I would like to see the stat that shows how much student debt has been accumulated by the graduates under Capilouto’s tenure? #collegecartel
What's really going on at UK? Good question. Here are some answers: uknow.uky.edu/campus-news/op…















