One early item on the agenda after N.C. State hires a new athletic director is likely to be careful consideration of the school's apparel contract with adidas.
The school's deal for basketball expires June 20, 2012, with the football contract to end on June 30, 2012, senior associate athletic director David Horning said Tuesday.
Horning said adidas provides N.C. State with $420,000 for football and $250,000 for basketball, with payments coming in the form of free apparel and stipends for the coaches in both sports.
But adidas recently did not renew a deal with Arkansas, and Horning said the future of department-wide contracts between college athletics programs with adidas is something N.C. State officials will watch closely.
"We have two more years [with adidas]," Horning said. ". . .We're going to go, as the contract allows us, to renegotiate for an extension, or take [bids] from other people, if necessary, at the appropriate time."
Comments
Would rather have...
Thu, 05/20/2010 - 11:48 — willncsuNike.
NCSU's uni's have a nice pop...
Tue, 05/18/2010 - 21:01 — UNC1998on second thought, that is all.
Unifying the deals?
Tue, 05/18/2010 - 15:08 — RonBWith basketball and football's deals ending only ten days apart, will NC State go for a unified deal? Will Nike want to return to fold, or will Duke and Carolina continue to keep as much of the Indonesian sweat shop money to themselves as possible? Plenty of time to re-run Jimmy V-shoe stories to stay on K and Roy's good side!
Also, "N&O watches Triangle Business Journal, rewrites copy" seems to apply here as it did for the AD news a couple of weeks ago.