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justice. “It may not be a conflict of interest to have one,

 
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yaya2017



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PostPosted: Thu Feb 08, 2018 1:34 am    Post subject: justice. “It may not be a conflict of interest to have one, Reply with quote

UNC has had a long working relationship with Nike and is close to completing a new,
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highly lucrative deal with the sports apparel giant.The current Nike contract, worth about $36.85 million to the university the past 10 years, is a public record. Financial details of the upcoming extension, likely to be for 10 years and expected to be signed this month, also will be made public.UNC basketball coach Roy Williams and football coach Larry Fedora have separate, personal service contracts with Nike but are not required to disclose the value of their deals. The coaches must file university forms
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each year outlining any external duties, but financial details of the Nike agreements are not made public or listed on the forms.Williams, for example, has listed one speaking engagement on the state form as his only Nike activity for 2017-18. How much will he be paid? That figure remains private. In 2007, The News & Observer
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reported that Williams made at least $500,000 a year from Nike. According to USA Today, Williams’ compensation at UNC is almost $2.1 million a year, not including his sneaker deal. He is also eligible for a maximum bonus of $1,000,000.Fedora, who received a seven-year extension that runs through 2022, had a base salary of $460,000 for 2017 with additional compensation totaling $1.83 million, not including his sneaker contract. He is due to receive raises in the next three seasons. Fedora’s state form listed
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several speaking engagements for the apparel company, but not how much Nike pays him.

UNC, Fedora, Williams and chancellor Carol Folt all turned down public records requests by The News & Observer to obtain copies of Williams’ and Fedora’s personal services contracts with Nike.“The University respects the privacy interests

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of its employees in their personal affairs,” UNC spokesman Joel Curran said in an email.Fedora, Williams and Folt declined to comment on the coaches’ private deals with Nike.UNC would not confirm whether Williams and Fedora will continue to have personal services contracts with Nike until the university extension is finalized.The role of shoe companies in college sports has come under heightened scrutiny after the announcement in September of a federal investigation into corruption and fraud by shoe companies
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trying to influence the college recruiting of young basketball players. Ten men were arrested and charged, including four college assistant coaches.Coaches have long had “shoe deals” with these companies, but contracts by state employees that are not disclosed to the public raise questions about transparency and potential
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conflict of interest, particularly in the wake of the federal investigation. Folt had pledged greater transparency following lengthy NCAA investigations into academic fraud at UNC.UNC employees such as Williams and Fedora are not subject to the State Ethics Act, which sets standards for outside work by state employees, said Patrick
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Gannon, public information officer for the state’s Board of Elections and Ethics Enforcement. At the university level, he said, the act applies only to the chancellor, vice-chancellors and
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voting members of the university board of trustees.

UNC athletic director Bubba Cunningham said the coaches’ personal services contracts are allowed by the university.“The University’s agreement with Nike recognizes that coaches may enter into personal services agreements with Nike,” Cunningham said. “The University has

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determined that those agreements do not present a conflict of interest.”Asked if Williams’ lengthy association with Nike – Williams had a Nike deal while coach at Kansas – in any way influenced negotiations for a new apparel contract, Cunningham said, “No, it did not.”Cunningham said he is “familiar” with the terms of each
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coach’s personal contract, saying he reviews the agreements but does not retain copies.Cunningham said it’s up to each coach whether to make the contracts public.“You can argue it’s a private
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contract but it’s inextricably linked to the university,” said Bob Orr, a retired N.C. Supreme Court justice. “It may not be a conflict of interest to have one, but the question is does it have to be declared and in what capacity?”Dan Rascher, a sports economist at the University of San Francisco, said UNC or the coaches
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should treat the contracts with the company as public documents and release them.Brown has given staff the opportunity to visit the South Island high country farms where the merino comes from, and watch a shearing competition in Invercargill.
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