• 17 maggio 2013

And before you act all outraged

The university retains the right to get some of the $4 million allotment in cash, but every $3 worth of merchandise would be converted into $1 in cash. The maximum allowed would be $750,000 in merchandise, or $250,000 in cash per year.Marty Kaufmann, the school assistant director of athletics in business development, said the university wanted a new contract structure to try to eliminate any cash payments to Nike.were getting $325,000 in cash, but we were basically spending that and then some on equipment, he said.With the extra gear, Kaufmann said the school can better equip its nonrevenue sports such as volleyball, baseball and softball. He said in some cases those athletes may have had just one pair of cleats, but will now get a second.they going to have everything they need, and probably everything that their peers have, he said.

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