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Marketing and Sponsorship

UNLV Agrees To New Three-Year Apparel Deal With Nike

UNLV will now receive $2M in product each year, with the ability to purchase an additional $1M annuallyGETTY IMAGES

UNLV has reached a three-year agreement worth $9M to "stay with Nike for its shoe and apparel deal," according to Mark Anderson of the LAS VEGAS REVIEW-JOURNAL. The school will receive $2M in "product each year, with the ability to purchase" an additional $1M annually. Under the previous six-year deal, the school received $1M in product "annually with the ability to purchase $800,000 each year." There are six other Mountain West Conference schools with Nike, but only Boise State has a "better deal than UNLV." The school will "receive no cash in the deal, but such an arrangement is typical for a Group of Five school." UNLV had an "exclusive negotiating window with Nike through April 1, and the athletic department solicited offers from different companies." Sources said that any "controversy involving the shoe and apparel companies would have no bearing on the final agreement" (LAS VEGAS REVIEW-JOURNAL, 7/24).

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