After months of speculation, the Michigan Athletic Department officially has chosen Nike as its next apparel,footwear and equipmentprovider, the school announced via Twitter on Monday afternoon.Michigan previously partnered with Adidas, but chose Nike on Monday after a decision-making proce s termed "Project Swag" andheaded by Willie Stargell Jersey interim Athletic Director Jim Hackett.MORE: | | Reunited and it feels sooo good. UniversityofMichigan (@UMich) The deal with Nike runs through 2027 with an option to extend to 2031. Jung-ho Kang Jersey Hackett explained the decision, which will go into effect in August 2016,in a via MGoBlue.com."After careful consideration, the right partner for the University of Michigan was NIKE," Hackett wrote. "This decision, this partnership is about more than Michigan athletics; at the core, it is about our University community and it is about two great names reuniting for an opportunity that speaks to more than uniforms and apparel.NIKE is a recognized leader in its field when it comes to product innovation and we look forward to future collaboration."Michigan is celebrating its Nike deal with a big ole maize swoosh Dave Parker Jersey on the electronic billboard outside the Big House: Andy Reid (@misterAndyReid) According to the release, Nike apparel will be available for purchase in August 2016.Michigan previouslypartnered with Nike for 13 years before agreeingto an eight-year deal with Adidas in JB Shuck Jersey 2007. The financial details of the latest deal with Nike have not been released.One other interesting nugget from the pre s release is that Michigan will have the rights to use "Jumpman" apparel and footwear for both men's and women's basketballJoaquin Hidalgo, the Vice President and General Manager of Nike North America, also was quoted in the release."The University Bryan Reynolds Jersey of Michigan ranks high among the world's great institutions of higher learning and enjoys a rich, tradition-laden history in college sports. Nike is especially proud to partner with the Wolverines and have the opportunity once again to work with Michigan student-athletes, coaches and staff. We eagerly look forward to bringing out the best in each other," Hidalgo said.