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Michigan's Nike deal worth $169 million, richest in college sports

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Link: http://www.cbssports.com/collegefoo...t-worth-169-million-richest-in-college-sports

Michigan's new contract with Nike will pay the school $169 million through 2027, receiving $80.2 million worth of apparel and $76.8 million in cash. After an initial "signing bonus" of $12 million, Michigan will receive between $10.1 and $10.9 million each year, making it the richest apparel contract in college sports.

Texas checks in at No. 2 among public schools, bringing in between $5.56 and $5.76 million per year.
 
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