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Louisiana Tech announces 5-year deal with Adidas
Posted on 11/20/15 at 7:11 am
Posted on 11/20/15 at 7:11 am
The News Star
From what I understand, this deal is top 10 in the G5 for Adidas and #1 in CUSA. Tech will be able to spend $300k on gear, and receive $650k the first year, and $485k after, of free gear. This $300k mark is less than the $350k Tech was needing to spend on the old Nike contract, which then only provided $125,000(?) of free gear once Tech hit the $350k mark.
I was actually hoping for Under Armor, but the money Adidas offered more than makes up for it. I'm pleased to see our new administration grow our athletic branding.
quote:
The deal, which is worth $3.025 million, runs through 2021-22. Tech will receive $650,000 in product the first year then $485,000 in the four subsequent years. The contract was finalized Tuesday and will go into effect July 2016 for all sports except women's basketball, which has one year left on its deal with Under Armour.
From what I understand, this deal is top 10 in the G5 for Adidas and #1 in CUSA. Tech will be able to spend $300k on gear, and receive $650k the first year, and $485k after, of free gear. This $300k mark is less than the $350k Tech was needing to spend on the old Nike contract, which then only provided $125,000(?) of free gear once Tech hit the $350k mark.
I was actually hoping for Under Armor, but the money Adidas offered more than makes up for it. I'm pleased to see our new administration grow our athletic branding.
Posted on 11/20/15 at 7:16 am to Junky
You do realize that Adidas makes some of the most atrocious uniforms in college sports, right?
This post was edited on 11/20/15 at 7:27 am
Posted on 11/20/15 at 7:18 am to Junky
Your tennis teams are going to be pumped!
Posted on 11/20/15 at 7:22 am to Junky
Heard tech's athletic director on local radio here talking about it. Good for tech.
Posted on 11/20/15 at 7:28 am to Junky
Good news for their basketball program - Addidas AAU $$ FTW.
Posted on 11/20/15 at 7:39 am to Billy Mays
quote:
Addidas AAU $$ FTW.
thats what its all about
Posted on 11/20/15 at 7:41 am to Junky
quote:
Louisiana Tech announces 5-year deal with Adidas
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!
Those uniforms were just about perfect and adidas will turn tech's wonderful white helmet into the north louisiana version of ULL's disaster from the Kentucky game.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Posted on 11/20/15 at 8:45 am to WeeWee
God damn it. Tech has some of the best unis in college football.
Posted on 11/20/15 at 8:46 am to Junky
Adidas sucks.
So glad Wisconsin dumped that shite.
So glad Wisconsin dumped that shite.
Posted on 11/20/15 at 8:55 am to WeeWee
Agree completely. The Pats throwbacks, Bills and La Tech the best unis in football IMO
Posted on 11/20/15 at 9:25 am to Hester Carries
quote:
God damn it. Tech has some of the best unis in college football.
I agree, Adidas will frick them up.
Posted on 11/20/15 at 12:14 pm to Junky
Well, I'm going to miss the days when LaTech football looked good on the field. RIP.
Posted on 11/20/15 at 12:16 pm to JumpingTheShark
Adidas is by far the worst product of the big brands. Might as well went with Starter
Posted on 11/20/15 at 12:21 pm to RollDatRoll
It's not a loss for the athletic department, which is why the deal was sign. Decent revenue for Tech.
Posted on 11/20/15 at 12:32 pm to Junky
Maybe yall should deny it....
Posted on 11/20/15 at 1:05 pm to CajunsTigersSaints
quote:
Maybe yall should deny it....
Sounds more like..."Don't sign a deal with the same company we use, they are going to pay you more than double what they pay us!"
Only one year ago
I realize they put out some weird uniforms, but I doubt the university strays too far from standard. Hint: there is a reason we are wearing white helmets this year and not using our typical reds.
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