Comment on Nike split about more than cash, says Arizona State exec

Nike split about more than cash, says Arizona State exec

Arizona State's new deal with Adidas will pay roughly double its existing Nike contract, but a top athletic department official on Wednesday said the increased financial terms weren't the only reason for the switch. "The financials play a big part in it, but not the only part," said Greg McElroy, associate vice president and chief business development officer for the university's athletic department. McElroy said several other factors led to the switch, including that an Adidas employee will live…

 

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