This doesn't seem like such a bad deal ...
- A $2 million signing bonus.
- $500,000 cash annually for each of the 10 years.
- $2.5 million in apparel for the first three years.
- $2.75 million in apparel for the second three years.
- $3 million in apparel for the third three years.
- $3.25 million in apparel for the final year.
Those are the terms of Virginia's latest deal with Nike. Read more about the the deal in this Daily Press article.
The deal also includes performance bonuses, although those stay roughly the same from the prior deal.
