Univ. Of Colorado Extends Deal With Nike Through '24-25 School Year

The Univ. of Colorado "has completed a deal to remain with Nike." More details will be released today, but CU AD Rick George said, "In general, it's a $30 million deal over 10 years." The new contract "is retroactive to last year and will extend through" the '24-25 school year. George: "We feel really good about that relationship and that partnership. We were one of the initial Nike schools and we're excited to continue our relationship with them" (BUFFZONE.com, 6/27).

Nike today is expected to "report earnings per share of 48 cents on revenue" of $8.3B when the company releases Q4 earnings (WSJ.com, 6/27).