Nike crushes earnings expectations, helped by strong online sales, shares surge https://www.cnbc.com/2018/12/20/nike-earnings-q2-2019.html https://news.nike.com/news/nike-inc-reports-fiscal-2019-second-quarter-results
UNC extends deal with Nike, worth more than $60M The University of North Carolina, Michael Jordan's alma mater, has just announced a 10-year extension of its apparel deal with Nike. According to Forbes, the new deal will average $6.27 million USD per year and will catapult UNC onto the most valuable college apparel deals in history. The publication goes on to state the Tar Heels "will average $2.87 million USD in wholesale product allotment and $3.4 million USD in cash annually from their new deal." (Hypebeast)