I like the quote about A&M switching to Adidas, regarding what the Nike rep said to the Aggies AD: "You're not as good as they (Texas) are and you're probably never going to be."
In the meantime,
ISU has been elevated to Nike's "Elite" level, meaning better quality gear, more gear, more apparel, more customization options, etc. I believe there are 4 levels to Nike sponsorship, Elite is the 3rd, and only Oregon is only level 4. I've been told other Elite schools include Texas, FSU, USC, Oklahoma, etc.
Back to the topic, fair assessment of our running situation IMO.