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Nike puts $88 million on the table for University of Oregon

Nike offers to more than doubles its current sponsorship contract with the University of Oregon

Posted: Nov. 30, 2017 5:22 PM
Updated: Nov. 30, 2017 5:38 PM

EUGENE, Ore. - The University of Oregon is expected to get more flash and cash from Nike.

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The Oregonian reports that Nike's current deal with the Ducks expires in June.

Nike has reportedly offered to more than double that contract, giving the school $88 million over the next 11 years.

They said Nike would pay up to $2.5 million in cash and send up to $6 million in gear each year.

The board of trustees is expected to consider the offer next Thursday.

If they take the contract, the Ducks will reportedly get a $3 million dollar signing bonus.

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