Director of Athletics Dick Baddour said the re-negotiation, which began last fall, has been productive and is not under a pressing deadline.
The University is currently in the fifth year of a five-year all-sports agreement with Nike.
This contract provides all 28 varsity sports with Nike uniforms, warm-up gear, practice gear, shoes and some equipment and is worth between $1.8 million and $2 million.
Baddour said he originally hoped to have a new contract signed by spring 2001 but that two things -- scheduling and labor issues -- have delayed the negotiations.
Baddour said it was difficult to coordinate the summer schedules of the Nike representatives and UNC officials involved in the recontracting process, including UNC General Counsel Susan Ehringhaus, Vice Chancellor for Finance and Administration Nancy Suttenfield and Board of Trustees Vice Chairman Stick Williams.
"Because of people's vacations and schedules, it didn't go as quickly as I had hoped," Baddour said.
The negotiating team's talks about the inclusion of labor standards in the contract also have slowed the process, he said.
"Some of our discussions on the labor side got more complicated and detailed," Baddour said.
"We felt it is a really important aspect of the contract, and we really weren't under a timetable. We've got the rest of the whole year."