A look at what happened in sports history on June 25 including UCLA baseball winning their first College World Series title.Under Armour agreed to a 15-year contract with UCLA in 2016 that was the richest shoe and apparel sponsorship in college sports history, replacing a deal the Bruins previously held with Adidas that expired in the summer of 2017. The deal gave Under Armour a flagship program on the West Coast while providing UCLA with a massive infusion of cash and athletic apparel.
As part of the agreement, Under Armour paid UCLA $15 million up front in addition to roughly $11 million per year in rights and marketing fees. The apparel company also agreed to supply the school with an average of $7.4 million in clothing, shoes and equipment each school year while contributing $2 million over an eight-year span toward athletic facility upgrades.
Should UCLA and Under Armour part ways, the school would seek a new apparel deal, presumably with one of the other major players in sportswear. UCLA had fielded offers from Nike and Adidas before picking Under Armour four years ago.is familiar with Under Armour, having worked with the apparel company as part of its sponsorship of Boston College’s athletic teams when he was the Eagles athletic director.
Source: Education Headlines (educationheadlines.net)
Amazon going to make a move on sporting good and NCAA. Look out, Asian overpriced brands.
TheRock does this mean you’ll sign with the right brand Nike 😁
Remember when CEO Ken plank quit realDonaldTrump's manufacturing council ~2017? Hating Trump is not a business model like that poor dead horse bill krystol keeps proving. They can't scare up $280million, 2nd quarter closes in HOURS and they're stock is sht 🤣🤣Trump never loses
UA another blow 🤦🏾♂️🤦🏾♂️🤦🏾♂️🤦🏾♂️
👀
That's racist, right ... somehow
Details? Not subscribed.
Looking for a job ?! Do you need income ?! In the pandemic situation that we are experiencing it is safer to work from home, now you can do it, you will earn in dollars to see advertising It is easy and fast !!!!
And not one word in the entire article addressing why Under Armour wants out. Great reporting.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNN - 🏆 4. / 95 Read more »
Source: RollingStone - 🏆 483. / 51 Read more »
Source: POPSUGAR Fitness - 🏆 401. / 53 Read more »
Source: MTVNEWS - 🏆 479. / 51 Read more »
Source: Forbes - 🏆 394. / 53 Read more »
Source: WSJ - 🏆 98. / 63 Read more »