I like this news from USATF: (excerpting a communique)
This is, of course, not new news, but Uncle Phil has been good to us and deserves all the props we can give him.
Nike has been USATF's National Team Sponsor since 1991, but the new contract, which extends through 2013 with an option to renew through 2017, broadens Nike's support beyond the competitive arena.
. . .
Most significantly, it establishes a "Project 30 Fund" to aid up-and-coming athletes. . . the fund will be administered by USATF for athletes who lack shoe-company sponsorship but who have medal-winning potential, particularly in traditionally under-funded event groups.
. . .
Nike will be a major sponsor of the USA vs. Jamaica Challenge meets in 2010 and will continue to sponsor USA Track & Field's Indoor and Outdoor Track & Field Championships.
. . .
Most significantly, it establishes a "Project 30 Fund" to aid up-and-coming athletes. . . the fund will be administered by USATF for athletes who lack shoe-company sponsorship but who have medal-winning potential, particularly in traditionally under-funded event groups.
. . .
Nike will be a major sponsor of the USA vs. Jamaica Challenge meets in 2010 and will continue to sponsor USA Track & Field's Indoor and Outdoor Track & Field Championships.
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