Adidas Teams

[pissclams]

Remember folks, we're dealing with someone who first told us that Adidas will "pay" ku nearly $30 million dollars. 

i wonder what type of interest rate they used in the payment calculation

[Kat Kid]

Remember folks, we're dealing with someone who first told us that Adidas will "pay" ku nearly $30 million dollars. 

i wonder what type of interest rate they used in the payment calculation

PROBABLY A NEGATIVE ONE!  AMIRITE??!

[OregonSmock]

Remember folks, we're dealing with someone who first told us that Adidas will "pay" ku nearly $30 million dollars.

Yeah, I was way off... the new contract is worth $26+ million over 6 years (3rd-best sports apparel contract in the country).

[Emo EMAW]

Remember folks, we're dealing with someone who first told us that Adidas will "pay" ku nearly $30 million dollars.

Yeah, I was way off... the new contract is worth $26+ million over 6 years (3rd-best sports apparel contract in the country).

 

[sonofdaxjones]

No, you implied that Adidas was giving ku nearly $30 million dollars in cash. 

Instead, it was $10 million dollars in cash, and $16 million dollars worth of apparel and equipment likely valued at MSRP.

[wabash909]

Dax just stompin' a mudhole in poor Beems.  Damn.

[OregonSmock]

No, you implied that Adidas was giving ku nearly $30 million dollars in cash. 

Instead, it was $10 million dollars in cash, and $16 million dollars worth of apparel and equipment likely valued at MSRP.

Nice revisionist history, but I never once implied KU was getting $30 million in cold, hard cash.  Link or GTFO.  Like I've pointed out multiple times in this thread, KU's contract is worth $26+ million over 6 years, good for the 3rd-best sports apparel contract in the country.  I know it kills you, but for once in your life, accept reality.

[kslim]

No, you implied that Adidas was giving ku nearly $30 million dollars in cash. 

Instead, it was $10 million dollars in cash, and $16 million dollars worth of apparel and equipment likely valued at MSRP.

Nice revisionist history, but I never once implied KU was getting $30 million in cold, hard cash.  Link or GTFO.  Like I've pointed out multiple times in this thread, KU's contract is worth $26+ million over 6 years, good for the 3rd-best sports apparel contract in the country.  I know it kills you, but for once in your life, accept reality.

what is the reality? Can you prove that you aren't getting 10mil in cash and 16mil in Zumba shorts?

[OregonSmock]

No, you implied that Adidas was giving ku nearly $30 million dollars in cash. 

Instead, it was $10 million dollars in cash, and $16 million dollars worth of apparel and equipment likely valued at MSRP.

Nice revisionist history, but I never once implied KU was getting $30 million in cold, hard cash.  Link or GTFO.  Like I've pointed out multiple times in this thread, KU's contract is worth $26+ million over 6 years, good for the 3rd-best sports apparel contract in the country.  I know it kills you, but for once in your life, accept reality.

what is the reality? Can you prove that you aren't getting 10mil in cash and 16mil in Zumba shorts?

Reality:

KU's adidas contract = $26+ million over 6 years = 3rd best sports apparel contract in the country

[kitten_mittons]

No, you implied that Adidas was giving ku nearly $30 million dollars in cash. 

Instead, it was $10 million dollars in cash, and $16 million dollars worth of apparel and equipment likely valued at MSRP.

Nice revisionist history, but I never once implied KU was getting $30 million in cold, hard cash.  Link or GTFO.  Like I've pointed out multiple times in this thread, KU's contract is worth $26+ million over 6 years, good for the 3rd-best sports apparel contract in the country.  I know it kills you, but for once in your life, accept reality.

what is the reality? Can you prove that you aren't getting 10mil in cash and 16mil in Zumba shorts?

Reality:

KU's adidas contract = $26+ million over 6 years = 3rd best sports apparel contract in the country

Third highest in monetary value, maybe.  3rd best? No.  Every Nike school has a better sports apparel contract.

[kslim]

No, you implied that Adidas was giving ku nearly $30 million dollars in cash. 

Instead, it was $10 million dollars in cash, and $16 million dollars worth of apparel and equipment likely valued at MSRP.

Nice revisionist history, but I never once implied KU was getting $30 million in cold, hard cash.  Link or GTFO.  Like I've pointed out multiple times in this thread, KU's contract is worth $26+ million over 6 years, good for the 3rd-best sports apparel contract in the country.  I know it kills you, but for once in your life, accept reality.

what is the reality? Can you prove that you aren't getting 10mil in cash and 16mil in Zumba shorts?

Reality:

KU's adidas contract = $26+ million over 6 years = 3rd best sports apparel contract in the country

a simple "no" would have sufficed

[Rams]

I think we're at the doorstep of another account deletion you guys. tread lightly.

[sonofdaxjones]

When I read the words "pay" "paying" "paid" . . . in sentences like "A Company is PAYING B entity X" I think cash transactions, not a percentage of that being cash and the rest being items valued at full MSRP.

[sonofdaxjones]

Didn't I read somewhere awhile back that Nike has started making Nike Schools sign non-disclosures on the value of their contracts.   According to CC or someone, Nike wouldn't allow K-State to disclose the value of the latest contract.

[sonofdaxjones]

Offline captaincrap

    Combo-Fan
    **
    Posts: 597
        View Profile
        Personal Message (Offline)

Re: Will the Nike deal be reupped?
« Reply #293 on: April 13, 2012, 09:01:16 AM »

    Quote

Quote from: PoetWarrior on March 27, 2012, 05:39:49 PM

    In press conference, Currie claimed we have a "long term contract with Nike, an important partner in the basketball world."


Just FYI, K-State did re-sign with Nike this spring. Nike has requested that schools no longer do press releases regarding these deals.

[Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)]

Didn't I read somewhere awhile back that Nike has started making Nike Schools sign non-disclosures on the value of their contracts.   According to CC or someone, Nike wouldn't allow K-State to disclose the value of the latest contract.

I did the escrow for that transaction.  The cash transfer was $26.01 million over 5 years and 364 days, but here's the kicker, kstate gets $135.39 million in apparral (msrp of course) and $789.39 even in posters and Michael Jordan Cologne (salvage value, not original msrp).

Apparently its the 16th best apparel contract in sports.  No rough ridin' clue what beams is talking about with that pud contract being the 3rd best.  Its actually 89th, 20 spots higher than the Ku football program so still a good deal.

[OregonSmock]

K-State's Nike contract is $12.3 million over 6 years, which is about what KU makes in cash from adidas.

[sonofdaxjones]

K-State's Nike contract is $12.3 million over 6 years, which is about what KU makes in cash from adidas.

That's the old contract that expired in 2012.

[CNS]

K-State's Nike contract is $12.3 million over 6 years, which is about what KU makes in cash from adidas.

That's the old contract that expired in 2012.

Yep.  Nike is lucky they re upped when they did.  If we had 3MAW already during negotiations, we would have broke them.

[kitten_mittons]

Here's the real question, how much would Adidas have to pay us to get us to wear their stuff? Couple billion at least.

[kslim]

Here's the real question, how much would Adidas have to pay us to get us to wear their stuff? Couple billion at least.

trick question. we would never wear adidas

[OregonSmock]

K-State's Nike contract is $12.3 million over 6 years, which is about what KU makes in cash from adidas.

That's the old contract that expired in 2012.

The new contract might be closer to something like $16 million over 6 years, but I doubt it increased by much more than that.  Nike doesn't pay like adidas does (and rightly so, because even I'll admit, Nike is the superior brand).

[kslim]

K-State's Nike contract is $12.3 million over 6 years, which is about what KU makes in cash from adidas.

That's the old contract that expired in 2012.

The new contract might be closer to something like $16 million over 6 years, but I doubt it increased by much more than that.  Nike doesn't pay like adidas does (and rightly so, because even I'll admit, Nike is the superior brand).

my question is why cant you have awesome uniforms like michigan and nebraska did this year? its really not very fair(and im speaking in money generating sports not hobby sports)

[CNS]

Here's the real question, how much would Adidas have to pay us to get us to wear their stuff? Couple billion at least.

trick question. we would never wear adidas

Yeah, I'm sure K-State would turn down the 3rd-best sports apparel contract in the country. 

K-State's Nike contract is $12.3 million over 6 years, which is about what KU makes in cash from adidas.

That's the old contract that expired in 2012.

The new contract might be closer to something like $16 million over 6 years, but I doubt it increased by much more than that.  Nike doesn't pay like adidas does (and rightly so, because even I'll admit, Nike is the superior brand).

my question is why cant you have awesome uniforms like michigan and nebraska did this year? its really not very fair(and im speaking in money generating sports not hobby sports)

I actually kinda liked KU's black alternate uni's with the white helmets:

They look like MU and you subconsciously linked that to the oppy to win a game or two.

[yoman]

Here's the real question, how much would Adidas have to pay us to get us to wear their stuff? Couple billion at least.

trick question. we would never wear adidas

Yeah, I'm sure K-State would turn down the 3rd-best sports apparel contract in the country. 

K-State's Nike contract is $12.3 million over 6 years, which is about what KU makes in cash from adidas.

That's the old contract that expired in 2012.

The new contract might be closer to something like $16 million over 6 years, but I doubt it increased by much more than that.  Nike doesn't pay like adidas does (and rightly so, because even I'll admit, Nike is the superior brand).

my question is why cant you have awesome uniforms like michigan and nebraska did this year? its really not very fair(and im speaking in money generating sports not hobby sports)

I actually kinda liked KU's black alternate uni's with the white helmets:

They look like MU and you subconsciously linked that to the oppy to win a game or two.

The font for "Kansas" though  the numbers aren't much better