Penn State, Tennessee, Ole Miss, Miami secure major apparel deals
CBS Sports • 1 min read • Latest: Oct 9, 2026, 2:19 PM
Last updated Oct 9, 2026

Penn State and Tennessee lead college sports with new apparel agreements from Adidas, valued at over $50 million annually combined. Ole Miss transitions from Nike to Adidas, and Miami reverts to Nike after a 12-year partnership with Adidas, reflecting a competitive in college athletics. Major brands like Nike, Adidas, and Under Armour dominate college sports marketing, with significant investments aimed at improving visibility and revenue for athletic programs. The latest data highlights the financial stakes in these partnerships as schools seek to maintain competitiveness amidst rising costs associated with NIL and revenue sharing.
- •Penn State's Adidas deal averages $30M per year until 2036.
- •Tennessee's agreement with Adidas also exceeds $20M annually until 2036.
- •Ole Miss shifts to Adidas after more than two decades with Nike.
- •Miami's new Nike deal starts in July 2027, ending a long Adidas collaboration.
- •Nike remains undisclosed for some SEC and Big Ten programs.
- 2:19 PMCBS Sports — College sports' 20 most lucrative apparel deals: Penn State, Tennessee anchor Adidas' surge, Nike second
"Which apparel companies are paying college athletic programs the most?
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