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OT: Under Armour trying to terminate agreement with ucla
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CliftonAve Online
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Post: #81
RE: OT: Under Armour trying to terminate agreement with ucla
^ Houston and Temple have the no cash deal with Nike/Jumpman as well.
 
04-28-2021 04:50 PM
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rath v2.0 Offline
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Post: #82
RE: OT: Under Armour trying to terminate agreement with ucla
(04-28-2021 02:56 PM)CliftonAve Wrote:  
(04-28-2021 02:35 PM)rath v2.0 Wrote:  
(04-28-2021 12:38 PM)eroc Wrote:  Putting this here. i believe UCLA went Jordan Brand. BC, another UA divorcee, is signing a split endorsement: Adidas for football only, and New Balance for the rest of the sports, including BBall. i'm curious as to who Cincy signs with eventually:

https://www.bcinterruption.com/2021/4/28...ith-adidas

Quote:Most importantly, it sounds like this is going to end up giving BC a best-of-all-worlds apparel deal: a brand with cache on the recruiting trail for football, a significant increase in the amount of gear and amount of resources coming in as part of the apparel deal; and a local brand in New Balance ready to go big in supporting BC’s non-football sports.

The only real question mark at this point is how New Balance will play on the basketball scene as they try to grow their basketball presence. But everything else right now is looking pretty ideal - especially if we get that brand refresh and keep a classic jersey look.

UCLA went Jumpman Brand with a deal that averages $77 million a year for all of its team sports.

You forgot the decimal point- it’s $7.7M per year, not $77M per year.

By comparison UA was paying UCLA ~$18M a year. This haircut would give us the idea how much Nike/Jumpman would pay UC (per James White on twitter it would be no cash, apparel only deal).

I definitely missed the decimal. Here is a breakdown per 247.

https://247sports.com/college/ucla/Artic...-160843714

I assume that $200+ million dollar lawsuit by UCLA is still out there. If so, they now have a clearly quantifiable remedy...namely the difference between the two deals plus sundries.
 
(This post was last modified: 04-28-2021 05:46 PM by rath v2.0.)
04-28-2021 05:33 PM
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Mike In Clifton Offline
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Post: #83
RE: OT: Under Armour trying to terminate agreement with ucla
Quote:UCLA went Jumpman Brand with a deal that averages $77 million a year for all of its team sports.

A lot of players made the shoes they would wear part of their school decision making process years ago. Not a big part, but a part. And Jordan was the brand to wear. Not sure if that's still true. But if Mick had a say in this decision, that may still be true.

Side note - former Bearcat walk-on Jamaal Lucas has worked for Jordan Brand for many years. Wouldn't be surprised if he was part of the UCLA conversation.
 
04-28-2021 06:10 PM
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