Off of a report by the Lincoln Journal Star today, Nebraska and adidas are ready to continue their relationship.
Per the report, the shoe & apparel company is ready to nearly quadruple the payment they make to the University of Nebraska Athletic Department, bumping up the money the school gets to $128 million dollars over the course of an 11 year licensing agreement.
The contract must be voted on by the University’s Board of Regents, who plan on doing so in their next meeting on August 11th.
Nebraska & adidas started their relationship in 1995, and 20 plus year later, the Huskers plan on being the highest paid adidas school in College Football, starting in 2017/18 when the Huskers get $3 million dollars, all the way to a scheduled $5.