Louisville is 'reevaluating' it's $160M contract with Adidas
- 7 years ago
Adidas could potentially lose out on a lot of money as Louisville begins reevaluating its $160 million sponsorship deal with the company. Louisville's interim president GregPostel told ESPN that they will "have a look" at the contract.
The newscomes just a week after it was revealed that the school's men's basketball program, headed by Rick Pitino,was linked to an FBI investigation of bribery in collegebasketball.
Pitino, who has since been placed on indefinite unpaid administrative leave, was mentioned in the investigation along with an Adidas executive and several other assistant coaches around college basketball.
The newscomes just a week after it was revealed that the school's men's basketball program, headed by Rick Pitino,was linked to an FBI investigation of bribery in collegebasketball.
Pitino, who has since been placed on indefinite unpaid administrative leave, was mentioned in the investigation along with an Adidas executive and several other assistant coaches around college basketball.