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Michigan won’t be the only football team sponsored by the ‘Jordan’ brand next season:
Michigan’s deal with Nike last year pays the university at least $173.8 million if extended through 2031.
UNC signed a 10-year, $37.7 million dollar deal with Nike back in 2009 but is expected to renegotiate a new deal.
Not a surprise move as Michael Jordan himself is a former Tar Heel.