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Sports Edge · Intelligence Desk HENRI IV

USC Extends Nike Deal Through 2036, No Dollar Figure Disclosed in Big Ten Era

The Trojans lock apparel continuity past conference shift but leave valuation unannounced as peer schools reset benchmarks.

Published August 9, 2026 Source USC Athletics From the chopped neck
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USC Athletics & Nike
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HENRI IV · August 9, 2026

USC Extends Nike Deal Through 2036, No Dollar Figure Disclosed in Big Ten Era

The Trojans lock apparel continuity past conference shift but leave valuation unannounced as peer schools reset benchmarks.

USC Athletics and Nike signed a ten-year extension running through 2036, preserving a relationship that dates to 1995 but offering no public indication of annual value. The announcement came seventeen months after USC joined the Big Ten, a move that repositioned the school's media income and sponsorship ceiling but left its apparel economics opaque.

The deal covers uniforms, footwear, and training gear for all 21 varsity programs. Nike will continue outfitting teams in Jordan Brand football kits, a sub-label assignment the company reserves for marquee programs. USC becomes one of 13 schools wearing Jordan on Saturdays, alongside Michigan, Florida, and North Carolina. The extension was signed in March 2025 and announced publicly in April, standard sequencing for deals negotiated outside renewal windows.

What matters is the silence around dollars. Peer institutions have published figures: Ohio State signed $252 million over ten years in 2016, Texas agreed to $250 million over fifteen years in 2020, and Michigan recently reset to roughly $15 million annually. USC disclosed nothing, suggesting either a negotiated non-disclosure or a value the school prefers not to benchmark. Athletic director Jennifer Cohen, who arrived from Washington in 2023, has overseen revenue projects including premium seating and NIL structures but has not publicly tied apparel income to those efforts.

The timing also sits inside USC's broader revenue recalibration. Big Ten media rights delivered an estimated $60 million to $70 million in new annual television money starting in 2024, raising the school's total athletics revenue past $200 million. That lift changes sponsor math: brands now pay partly for exposure on Fox and CBS primetime, not just Rose Bowl tradition. USC's previous Nike agreement, signed in 2016, predated that shift and ran through 2026. Extending four years early suggests Nike valued certainty over waiting to test the market, or that USC valued locked economics over risking a bidding process against Adidas or Under Armour.

Jordan Brand football remains the signaling layer. Only schools Nike views as culturally leverageable receive the Jumpman, and USC has leaned into the Los Angeles creator economy harder than most athletic departments. The football program's NIL collective, Student Body Right, pays linemen and skill players through donor pools, but the program's Instagram account—780,000 followers—monetizes separately through brand integrations. Jordan product drops tied to USC games have previously sold through StockX and GOSEEK, creating secondary-market value Nike can track. Extending the deal preserves that channel.

What to watch: Whether Cohen negotiates a future amendment with performance escalators tied to College Football Playoff appearances or conference titles, structures Ohio State and Texas built into their contracts. Also whether Nike assigns dedicated design resources to USC similar to Oregon's model, where the brand tests materials and colorways before national releases. USC opens its 2025 season against LSU at Allegiant Stadium in Las Vegas on September 6, a neutral-site matchup that will debut whatever Jordan Brand uniform the extension contractually required.

The deal runs exactly as long as Lincoln Riley's contract, which expires after the 2029 season with options. Riley's recruiting has lifted USC's roster but not yet delivered a Big Ten title, and athletic departments typically align coaching and apparel cycles only when both sides expect continuity. The extension implies USC and Nike expect the Riley era—and the revenue model it anchors—to outlast his current deal.

The takeaway
USC locked Nike through 2036 without disclosing value, prioritizing Jordan Brand continuity over public benchmarking in its first Big Ten apparel cycle.
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