Alabama announced yesterday that they had signed a seven-year contract extension with Nike that will keep all Tide teams swooshed through 2018.
The new contract is valued at $30 million in cash and product over the next eight years, making it the largest Nike haul in the country based on various reports of other schools’ compensation. Before the the Alabama deal, North Carolina had reportedly been the leader at just under $3.4 million annually; the Tide’s new deal works out to $3.75 million a year.
Neither of those deals approaches Michigan’s contract with adidas, the shoe and apparel company that got bent over to the tune of $66.5 million over eight years by the Wolverines.
Adidas is also paying Notre Dame a reported $60 million over ten years.
Adidas must have a very sore ass.
Anyway, where was I? Oh yeah, back to the new ‘Bama deal.
Jon Solomon of the Birmingham News has a very thorough breakdown of the new perks the school received in the extension, including a “signing bonus” of $2 million payable immediately and a bump in the royalty rate Alabama receives from Nike. The old rate was eight percent, while the new one will be at least 12 percent.
Needless to say, the athletic department was very pleased with this latest development.
“Together we sought an agreement that reflected our stature as a leader in college athletics on and off the field,” Alabama Athletics Director Mal Moore said in a statement. “I feel this agreement reflects that stature.”
While the news of late has been littered with the exits of two SEC wide receivers, one team from the Big Ten is welcoming back a player who plays the same position.
In a press release, Rutgers confirmed that Leonte Carroo has been reinstated to the Scarlet Knights football program. The release stated that head coach Kyle Flood, who is suspended himself, “reinstated Carroo after the student-athlete agreed to the conditions of his reinstatement and after he accepted the responsibility that comes with his return to the team.”
The reinstatement comes one day after a domestic violence charge against him was dropped after the alleged victim decided not to testify against he former boyfriend. Carroo had been accused of slamming a woman with whom he had a previous relationship into the concrete outside of the RU football facility last month.
Carroo has missed the last two games (Penn State, Kansas) because of the suspension. He will be eligible to return to practice today and play in Saturday’s game against 10th-ranked Michigan State.
Despite missing those two contests, Carroo is still tops on the team in receiving yards with 181 and tied for the team lead with three receiving touchdowns. He’s also averaging nearly 26 yards per reception.
Carroo led the Scarlet Knights last season in receptions (55), receiving yards (1,086) and receiving touchdowns (10).
It’s been a bad week for talented SEC wide receivers.
On the heels of Auburn giving the boot to D’haquille Williams following an alleged bar rampage, Tennessee announced Wednesday that Pig Howard has been dismissed from Butch Jones‘ football program. Violations of unspecified team rules was the only explanation offered.
Howard had been suspended for the season opener for the same reason due to an unspecified incident several months before. It’s unknown if the dismissal is related in any way to that suspension.
Injuries had allowed the senior to play in just two games this season, against Oklahoma and Western Carolina. He had one reception for eight yards, with that coming in the overtime loss to the Sooners.
The past two seasons, Howard led the Vols in receiving with 54 and 44 receptions in 2014 and 2013, respectively. He accounted for 1,006 receiving yards in that span, and has also scored a pair of rushing touchdowns.