Boise State athletes will continue to sport the Nike swoosh for at least seven more years.
Boise State and Nike agreed to a six-year contract extension Tuesday that will pay the school $12.16 million in both cash and products for each of the school’s 20 varsity programs. It’s scheduled to begin next June and run until June 2025.
The current deal between Boise State and Nike, which expires on June 30, 2019, paid the Broncos $7.9 million in product over the six years. It also included $50,000 in cash in the final two years.
The agreement will be finalized after approval from the Idaho State Board of Education, which is only a formality.
Boise State will receive $1.225 million in product during the final year of the existing deal, and that number will nearly double to an average of more than $2 million for each of the six years in the new deal.
“Continuing our partnership with Nike was a top priority for us,” Boise State athletic director Curt Apsey said in a release. “Nike has played a major role in the success of Boise State Athletics, and I’m excited to continue a relationship between what we feel are two innovative, forward-thinking brands.
“Our coaches were overwhelmingly in support of moving forward with Nike.”
The deal keeps Boise State with the most lucrative apparel contract in the Mountain West.
Nevada and Wyoming switched from Nike to Adidas in recent months. San Jose State also is affiliated with Adidas, but the other eight full-time Mountain West members wear Nike.
The Boise State football team has been with Nike since 2003, while the rest of the athletic department has been on an all-sport deal since 2011.
“When you think elite in the world of sports and apparel, Nike is at the top of the list,” Boise State football coach Bryan Harsin said in a release. “We couldn’t be more fired up as a program to be outfitted by and affiliated with a brand as powerful as Nike. There is no doubt they make us better with the latest equipment technology, style and from a recruiting standpoint.”