Friday, August 08, 2008

Huskies Re-Sign with Nike for 39 Million

The Huskies resigned with Nike for 39 million over the next ten years.

I knew the Huskies weren't going to switch despite rumors to the contrary.

No way Phil Knight wasn't going to lay out the big bucks to a Northwest rival.

No way he wanted Under Armour, Adidas, or Champion in his own backyard.

Phil Knight abides by this simple rule, keep your friends close, and keep your enemies closer.

The University of Washington abides by this simple rule, pay me the most and we will sign the contract.

Both rules are rules to live by.

I am pretty surprised that Under Armour, and Adidas didn't bid more to hack Nike off, UW should have proposed that angle, but since Nike had the right of first refusal it didn't really matter.


hairofthedawg said...

It's becoming apparent that the UW lacks the testicles for a lot of things...sad.

John Berkowitz said...

When your season ticket sales are down 20,000, and you haven't been to a bowl game in six years, you take the extra 2.3 million per year and say thank you.

Nike had right of first refusal which means they had the right to increase the other companies bids.