22 Roc Nation To Represent Geno Smith Sports Business Awards Honor Reinsdorf At Bat App Hits 6 Million Downloads TaylorMade Distances Itself From Garcia NYC FC Names Reyna Dir Of Football AAC Incumbents Get 60% Of Realignment Funds NYC FC Owners Still Hopeful On Queens Stadium NYC FC Key To Building Man City Brand
SBD/17/Collegiate SportsPrint All
Rick Majerus has turned down an offer to coach at Arizona State University (ASU) "largely because of a difference in shoe-contract size -- the gap between Majerus' Reebok deal at Utah and what he would have earned at ASU, which is about to sign with Nike," according to Bob Cohn of the ARIZONA REPUBLIC. Cohn reports that Majerus is Reebok's "main attraction among college coaches," and his Reebok deal, "which includes stock options, is worth at least $500,000 and possibly $700,000." Former ASU coach Bill Frieder earned $125,000 from Nike. Cohn adds that ASU's impending deal with Nike "means the university will earn $700,000 a year, eventually increasing to" $1M, "in exchange for almost every team being outfitted exclusively" by Nike (ARIZONA REPUBLIC, 9/17). Also in Arizona, Jack Magruder reports that Nike "failed to generate a compensation package that Reebok would not match" for Majerus and, "ironically," Nike CEO Phil Knight "tried to lure Majerus into his camp just three weeks ago" (ARIZONA DAILY STAR, 9/16).