A typical thunderstorm over a field. A thunderstorm, also known as an electrical storm, lightning storm, or thundershower, is a storm characterized by the presence of lightning and its acoustic effect on the Earth's atmosphere, known as thunder. Thunderstorms occur in association with a type of cloud known as a cumulonimbus.
Kevin Durants $300 million 10 year deal with Nike is no longer the biggest history. Today we take a look at 10 of the biggest current endorsement deals and some lifetime deals with the likes of David Beckams Adidas, George Foremanâs Salton Inc and of course Michael Jordan and Nike deal. 15 Biggest Athlete Endorsement Deal In Sports History.
Nike has landed a deal worth $169 million to provide uniforms and equipment for the University of Michigan's sports teams. The contract is pricey even by college athletics standards. Michigan's eight-year partnership with Adidas, which ends next July, was worth $8 million a year.Nike's new 11-year deal with the University of Michigan calls for it to pay about $5 million in cash and give the school up to $6 million worth of equipment, apparel and footwear.Nike (NKE) will also pay a $12 million signing bonus.Documents obtained by the Portland Business Journal suggest that the Michigan deal is Nike's biggest college partnership. To compare, Nike is paying the University of Alabama $780,000 in cash and providing $2.8 million worth of gear this year.Nike also has deals with Florida State, Ohio State and Duke, among others.ike (NKE) will also pay a $12 million signing bonus. Documents obtained by the Portland Business Journal suggest that the Michigan deal is Nike's biggest college partnership. To compare, Nike is paying the University of Alabama $780,000 in cash and providing $2.8 million worth of gear this year.