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Oregon athletics is about to get a big, new deal with Nike, according to a report from the Oregonian.

The report says that Nike has offered to pay Oregon $2 million to $2.5 million a year in cash and provide $5 million to $6 million worth of apparel and other gear per year for various Oregon sports programs. It’s an $88 million deal over 11 years. The Oregon board of Trustees will vote on the proposed deal next Thursday.

This is a large increase in the current deal, which runs through June 2018 that pays Oregon $750,000 a year in cash and $2.5 million a year worth of apparel and other gear.

The report says Nike is going to pay a $3 million signing bonus and that Nike has proposed to increase the royalty it pays to Oregon from 12% to 15% on apparel.

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