All the major companies are pulling back on all school deals. Nike and Adidas are basically letting those deals expire and telling them we will keep FB, MBK and WBk but all others you must purchase from. So some schools like Wake Forest, TCU and some others are splitting deals and letting sports get their own deals. Actually splitting up sports let’s the sports like baseball, softball, soccer, etc get better deals.
Under Armour is pulling out of all that and only interested in FB and Hoops but won’t offer anything else. They leveraged the company to the gills with poor contracts and that’s why they separated from UCLA. They couldn’t afford to pay the deal they signed. UCLA still legally challenging to get what’s owed even though they signed with Nike now.
UCF has approached companies like New Balance for baseball, softball, T&F, Tennis. New Balance is a power in baseball in particular right now and has top T&F and tennis athletes around the world. Plus they are private company and extremely profitable $5 billion company. Look for those deals to possibly materialize.
Under Armour is pulling out of all that and only interested in FB and Hoops but won’t offer anything else. They leveraged the company to the gills with poor contracts and that’s why they separated from UCLA. They couldn’t afford to pay the deal they signed. UCLA still legally challenging to get what’s owed even though they signed with Nike now.
UCF has approached companies like New Balance for baseball, softball, T&F, Tennis. New Balance is a power in baseball in particular right now and has top T&F and tennis athletes around the world. Plus they are private company and extremely profitable $5 billion company. Look for those deals to possibly materialize.