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Details of Georgia Tech’s agreement with Adidas
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GTFletch Offline
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Post: #1
Details of Georgia Tech’s agreement with Adidas
AJC’s Ken Sugiura released some of the details of Georgia Tech’s upcoming apparel deal with adidas. In short, this deal won’t give the Yellow Jackets much in the way of cold, hard cash but the annual allowance for gear is among the highest in the ACC. Georgia Tech athletes will soon be swimming in all kinds of adidas swag.

Georgia Tech Old deal with RA:
Total Value: 2.5M
Equipment and apparel: 1.55M
Cash: 950K
6/30/2018

Georgia Tech New Deal:
Adidas
Total Value: 3.25M
Equipment and apparel: 3.05M
Cash: 200K
6/30/2024


OTHER ACC Schools

Virginia Tech
Nike
Total Value: 1.9M
Equipment and apparel: 1.625M
Cash: 275K
6/30/2023

Clemson
Nike
Total Value: 2.7M
Equipment and apparel: $2.586M
Cash: 115K
6/30/2023

Virginia
Nike
Total Value: 3.075M
Equipment and apparel: $2.575M
Cash: 500K
6/30/2025

FSU
Nike
Total Value: 4.21M
Equipment and apparel: $2.8M
Cash: 1.4M
7/31/2023

NC State
Adidas
Total Value: 6.4M
Equipment and apparel: $6.1M
Cash: 300K
7/31/2022


Current Deal being reworked- UNC & Nike
University of North Carolina
Nike
Total Value: 3.875M
Equipment and apparel: $3.4M
Cash: 475K
6/30/2018


Link
http://www.myajc.com/sports/college/deta...K6b2QwVdJ/
(This post was last modified: 01-16-2018 07:04 PM by GTFletch.)
01-16-2018 06:57 PM
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Hallcity Online
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Post: #2
RE: Details of Georgia Tech’s agreement with Adidas
(01-16-2018 06:57 PM)GTFletch Wrote:  AJC’s Ken Sugiura released some of the details of Georgia Tech’s upcoming apparel deal with adidas. In short, this deal won’t give the Yellow Jackets much in the way of cold, hard cash but the annual allowance for gear is among the highest in the ACC. Georgia Tech athletes will soon be swimming in all kinds of adidas swag.

Georgia Tech Old deal with RA:
Total Value: 2.5M
Equipment and apparel: 1.55M
Cash: 950K
6/30/2018

Georgia Tech New Deal:
Adidas
Total Value: 3.25M
Equipment and apparel: 3.05M
Cash: 200K
6/30/2024


OTHER ACC Schools

Virginia Tech
Nike
Total Value: 1.9M
Equipment and apparel: 1.625M
Cash: 275K
6/30/2023

Clemson
Nike
Total Value: 2.7M
Equipment and apparel: $2.586M
Cash: 115K
6/30/2023

Virginia
Nike
Total Value: 3.075M
Equipment and apparel: $2.575M
Cash: 500K
6/30/2025

FSU
Nike
Total Value: 4.21M
Equipment and apparel: $2.8M
Cash: 1.4M
7/31/2023

NC State
Adidas
Total Value: 6.4M
Equipment and apparel: $6.1M
Cash: 300K
7/31/2022


Current Deal being reworked- UNC & Nike
University of North Carolina
Nike
Total Value: 3.875M
Equipment and apparel: $3.4M
Cash: 475K
6/30/2018


Link
http://www.myajc.com/sports/college/deta...K6b2QwVdJ/

Those numbers look fishy to me. NCSU with $6.1 million in equipment and apparel but only $300,000 cash? FSU getting $1.4 million cash while Clemson gets $115,000? One crucial aspect of all these contracts not released is how much the apparel manufacturer pays coaches, particularly big name basketball coaches. Those payments disguise how much the schools get from the manufacturers and how richly the coaches are paid.
(This post was last modified: 01-16-2018 10:29 PM by Hallcity.)
01-16-2018 10:11 PM
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ken d Offline
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Post: #3
RE: Details of Georgia Tech’s agreement with Adidas
(01-16-2018 10:11 PM)Hallcity Wrote:  
(01-16-2018 06:57 PM)GTFletch Wrote:  AJC’s Ken Sugiura released some of the details of Georgia Tech’s upcoming apparel deal with adidas. In short, this deal won’t give the Yellow Jackets much in the way of cold, hard cash but the annual allowance for gear is among the highest in the ACC. Georgia Tech athletes will soon be swimming in all kinds of adidas swag.

Georgia Tech Old deal with RA:
Total Value: 2.5M
Equipment and apparel: 1.55M
Cash: 950K
6/30/2018

Georgia Tech New Deal:
Adidas
Total Value: 3.25M
Equipment and apparel: 3.05M
Cash: 200K
6/30/2024


OTHER ACC Schools

Virginia Tech
Nike
Total Value: 1.9M
Equipment and apparel: 1.625M
Cash: 275K
6/30/2023

Clemson
Nike
Total Value: 2.7M
Equipment and apparel: $2.586M
Cash: 115K
6/30/2023

Virginia
Nike
Total Value: 3.075M
Equipment and apparel: $2.575M
Cash: 500K
6/30/2025

FSU
Nike
Total Value: 4.21M
Equipment and apparel: $2.8M
Cash: 1.4M
7/31/2023

NC State
Adidas
Total Value: 6.4M
Equipment and apparel: $6.1M
Cash: 300K
7/31/2022


Current Deal being reworked- UNC & Nike
University of North Carolina
Nike
Total Value: 3.875M
Equipment and apparel: $3.4M
Cash: 475K
6/30/2018


Link
http://www.myajc.com/sports/college/deta...K6b2QwVdJ/

Those numbers look fishy to me. NCSU with $6.1 million in equipment and apparel but only $300,000 cash? FSU getting $1.4 million cash while Clemson gets $115,000? One crucial aspect of all these contracts not released is how much the apparel manufacturer pays coaches, particularly big name basketball coaches. Those payments disguise how much the schools get from the manufacturers and how richly the coaches are paid.

The fishy part isn't the $300K cash. That's pretty much in line. But how could they be spending $6 million on equipment? Their uniforms aren't that spectacular.
(This post was last modified: 01-17-2018 12:01 PM by ken d.)
01-17-2018 12:00 PM
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Kaplony Offline
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Post: #4
RE: Details of Georgia Tech’s agreement with Adidas
(01-16-2018 10:11 PM)Hallcity Wrote:  Those numbers look fishy to me. NCSU with $6.1 million in equipment and apparel but only $300,000 cash? FSU getting $1.4 million cash while Clemson gets $115,000? One crucial aspect of all these contracts not released is how much the apparel manufacturer pays coaches, particularly big name basketball coaches. Those payments disguise how much the schools get from the manufacturers and how richly the coaches are paid.

Clemson doesn't let Nike dictate what uniforms they wear. We have a specific design of our choosing and we wear the different color combinations at specific times that we determine, not Nike.
01-17-2018 07:46 PM
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GTFletch Offline
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Post: #5
RE: Details of Georgia Tech’s agreement with Adidas
(01-16-2018 10:11 PM)Hallcity Wrote:  
(01-16-2018 06:57 PM)GTFletch Wrote:  AJC’s Ken Sugiura released some of the details of Georgia Tech’s upcoming apparel deal with adidas. In short, this deal won’t give the Yellow Jackets much in the way of cold, hard cash but the annual allowance for gear is among the highest in the ACC. Georgia Tech athletes will soon be swimming in all kinds of adidas swag.

Georgia Tech Old deal with RA:
Total Value: 2.5M
Equipment and apparel: 1.55M
Cash: 950K
6/30/2018

Georgia Tech New Deal:
Adidas
Total Value: 3.25M
Equipment and apparel: 3.05M
Cash: 200K
6/30/2024


OTHER ACC Schools

Virginia Tech
Nike
Total Value: 1.9M
Equipment and apparel: 1.625M
Cash: 275K
6/30/2023

Clemson
Nike
Total Value: 2.7M
Equipment and apparel: $2.586M
Cash: 115K
6/30/2023

Virginia
Nike
Total Value: 3.075M
Equipment and apparel: $2.575M
Cash: 500K
6/30/2025

FSU
Nike
Total Value: 4.21M
Equipment and apparel: $2.8M
Cash: 1.4M
7/31/2023

NC State
Adidas
Total Value: 6.4M
Equipment and apparel: $6.1M
Cash: 300K
7/31/2022


Current Deal being reworked- UNC & Nike
University of North Carolina
Nike
Total Value: 3.875M
Equipment and apparel: $3.4M
Cash: 475K
6/30/2018


Link
http://www.myajc.com/sports/college/deta...K6b2QwVdJ/

Those numbers look fishy to me. NCSU with $6.1 million in equipment and apparel but only $300,000 cash? FSU getting $1.4 million cash while Clemson gets $115,000? One crucial aspect of all these contracts not released is how much the apparel manufacturer pays coaches, particularly big name basketball coaches. Those payments disguise how much the schools get from the manufacturers and how richly the coaches are paid.

N.C. State will get a lot more than new alternate uniforms in its new apparel contract with adidas.

The school announced a six-year contract extension with the sneaker company to outfit its 23 sports teams on Tuesday. The deal is worth $38.7 million in uniforms, footwear, apparel and financial considerations.

Link
http://www.newsobserver.com/sports/colle...35650.html
01-17-2018 08:04 PM
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GTFletch Offline
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Post: #6
RE: Details of Georgia Tech’s agreement with Adidas
(01-17-2018 12:00 PM)ken d Wrote:  
(01-16-2018 10:11 PM)Hallcity Wrote:  
(01-16-2018 06:57 PM)GTFletch Wrote:  AJC’s Ken Sugiura released some of the details of Georgia Tech’s upcoming apparel deal with adidas. In short, this deal won’t give the Yellow Jackets much in the way of cold, hard cash but the annual allowance for gear is among the highest in the ACC. Georgia Tech athletes will soon be swimming in all kinds of adidas swag.

Georgia Tech Old deal with RA:
Total Value: 2.5M
Equipment and apparel: 1.55M
Cash: 950K
6/30/2018

Georgia Tech New Deal:
Adidas
Total Value: 3.25M
Equipment and apparel: 3.05M
Cash: 200K
6/30/2024


OTHER ACC Schools

Virginia Tech
Nike
Total Value: 1.9M
Equipment and apparel: 1.625M
Cash: 275K
6/30/2023

Clemson
Nike
Total Value: 2.7M
Equipment and apparel: $2.586M
Cash: 115K
6/30/2023

Virginia
Nike
Total Value: 3.075M
Equipment and apparel: $2.575M
Cash: 500K
6/30/2025

FSU
Nike
Total Value: 4.21M
Equipment and apparel: $2.8M
Cash: 1.4M
7/31/2023

NC State
Adidas
Total Value: 4.4M
Equipment and apparel: $4.1M
Cash: 300K
7/31/2022


Current Deal being reworked- UNC & Nike
University of North Carolina
Nike
Total Value: 3.875M
Equipment and apparel: $3.4M
Cash: 475K
6/30/2018


Link
http://www.myajc.com/sports/college/deta...K6b2QwVdJ/

Those numbers look fishy to me. NCSU with $6.1 million in equipment and apparel but only $300,000 cash? FSU getting $1.4 million cash while Clemson gets $115,000? One crucial aspect of all these contracts not released is how much the apparel manufacturer pays coaches, particularly big name basketball coaches. Those payments disguise how much the schools get from the manufacturers and how richly the coaches are paid.

The fishy part isn't the $300K cash. That's pretty much in line. But how could they be spending $6 million on equipment? Their uniforms aren't that spectacular.
Changed based on the below website...

Link
https://www.bizjournals.com/portland/fea...rmour.html
01-17-2018 08:06 PM
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GTFletch Offline
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Post: #7
RE: Details of Georgia Tech’s agreement with Adidas
I guess something else to be factored in is the number of Varsity Sports at each school. Based on GTs new deal it would seem that Adidas is giving them some serious three strip swag to wear!

Number of Varsity Sports

Wake Forest (16)
GT (17)
Miami (18)
Pittsburgh (19)
Clemson (19)
Virginia Tech (19)
FSU (21)
NC State (23)
Louisville (23)
Duke (26)
Syracuse (26)
Virginia (27)
UNC (28)
Boston College (29)
(This post was last modified: 01-17-2018 08:12 PM by GTFletch.)
01-17-2018 08:11 PM
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