University of Michigan announce per release, that U-M’s athletic department has reached a deal with Nike to supply all of Michigan’s 31 athletic programs with uniforms, footwear, apparel and equipment today.
Michigan’s deal with Nike starts on August 1, 2016, and runs through 2027, with option to extend the deal through 2031. Financial details of the deal are expected to be released on July 13, per U-M spokesman.
“After careful consideration, the right partner for the University of Michigan was NIKE," said interim athletic director Jim Hackett. "This decision, this partnership is about more than Michigan athletics; at the core, it is about our University community and it is about two great names reuniting for an opportunity that speaks to more than uniforms and apparel.
“NIKE is a recognized leader in its field when it comes to product innovation and we look forward to future collaboration.”
The deal with Nike also includes the use of the Jordan Brand “Jumpman” and footwear for the U-M’s men’s and woman’s basketball programs.
Michigan’s deal with Nike reunites its athletic program with the worldwide sports equipment apparel company for the first time since their last deal ended in 2007.
“The University of Michigan ranks high among the world's great institutions of higher learning and enjoys a rich, tradition-laden history in college sports. Nike is especially proud to partner with the Wolverines and have the opportunity once again to work with Michigan student-athletes, coaches, and staff. We eagerly look forward to bringing out the best in each other,” said Joaquin Hidalgo, Vice President and General Manager, Nike North America.
U-M, who has partnered with Adidas since 2007, will continue to work with the brand for the duration of the contract till July 31, 2016.