Michigan is set to leave adidas and sign with Nike in a deal that will span through 2027, with an option to 2031. The partnership will begin in August 2016.
Part of the agereement allows for Michigan basketball teams to wear Jordan Brand “Jumpman” apparel and footwear.
“After careful consideration, the right partner for the University of Michigan was Nike,” said Interim Athletic director Jim Hackett in a statement. “This decision, this partnership is about more than Michigan athletics; at the core, it is about our university community and it is about two great names reuniting for an opportunity that speaks to more than uniforms and apparel.”
Financial terms of the deal will not be made available until July 13, according to MLive.