Nike Inc. has renewed its contract with Boise State University. Under the reported terms of the deal, Nike will pay more than $6.24 million over its six-year term to provide equipment and apparel to all of the university’s sports teams and coaches.
According to the Idaho Statesman, Nike had three separate contracts with Boise State for football, men’s basketball and the remaining varsity sports. All were due to expire between July 2011 and January 2012 but were extended until the new deal is approved by the Idaho State Board of Education.
