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re: how much does Nike pay LSU??
Posted on 10/13/10 at 5:48 pm to Jordanreid2000
Posted on 10/13/10 at 5:48 pm to Jordanreid2000
quote:they're supposed to be switching to Nike in baseball as well, except for bats until Nike can make a comparable bat, which is a ways off
Basketball just got Nike unis a few years ago and I'm pretty sure baseball is not NIKE.
0
Posted on 10/13/10 at 5:49 pm to TigerinSoCal
they get most of thier investment back in advertising...every time LSU is on TV, so is Nike...btw, if you think 1 million is a big investment, look into Nike's investment into U of Oregon's athletic programs
Posted on 10/13/10 at 5:56 pm to 901Cajun
quote:
btw, if you think 1 million is a big investment, look into Nike's investment into U of Oregon's athletic programs
True, but that is an entirely different situation - benefactors making donations. Phil Knight is to Oregon as T. Boone Pickens is to OK State.
Posted on 10/13/10 at 6:00 pm to wish i was tebow
quote:
500K in merchandise cost a lot less than 500k for nike
$12-$15 bucks maybe?
Posted on 10/13/10 at 6:02 pm to wish i was tebow
quote:
I think we get a small portion of lsu related sales
Which is called licensing. It is the same reason I cannot go down to the local T-Shirt store and print Peterson for Heisman because both LSU and the Heisman Foundation will send me cease and desist orders. Unless they are getting a cut of sales, they will crush you.
Posted on 10/13/10 at 6:37 pm to slackster
Anyone know how many years it's for.
Posted on 10/13/10 at 6:51 pm to TigerinSoCal
quote:
Wow. That's a serious investment by Nike - at just one school. I've always been curious about the economics of these types of deals. I know Nike will in turn sell a lot of LSU merchandise, but damn, how many T-Shirts do they have to sell to cover a $1,000,000 investment?
Well when you have kids in sweatshops making all your gear...
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