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Adidas obviously thinks so. They endorsed it with a huge apparel contract just last month.
What does Under Armour give MD?
Adidas obviously thinks so. They endorsed it with a huge apparel contract just last month.
I don't know the amount of the Undor Armour deal with Maryland. The originial was $3.5 million per year, but it should be close to expiration or recently renewed. I can't find the amount anywhere. If you can it would be nice to know. Kevin Plank is an alumni and donor to Maryland for other things, but don't know the apparel branding number.What does Under Armour give MD?
MD got 34 mil over 10 years, signed in January - expires 2024.I don't know the amount of the Undor Armour deal with Maryland. The originial was $3.5 million per year, but it should be close to expiration or recently renewed. I can't find the amount anywhere. If you can it would be nice to know. Kevin Plank is an alumni and donor to Maryland for other things, but don't know the apparel branding number.
Adidas has given Michigan $8.2 million per year and Louisville $7.7 million or so per year ($39 million for 5 years). Under Armour gave Notre Dame a big one assumed in the range of these, and of course it is not public.
I don't know the amount of the Undor Armour deal with Maryland. The originial was $3.5 million per year, but it should be close to expiration or recently renewed. I can't find the amount anywhere. If you can it would be nice to know. Kevin Plank is an alumni and donor to Maryland for other things, but don't know the apparel branding number.
Adidas has given Michigan $8.2 million per year and Louisville $7.7 million or so per year ($39 million for 5 years). Under Armour gave Notre Dame a big one assumed in the range of these, and of course it is not public.
MD got 34 mil over 10 years, signed in January - expires 2024.
So, essentially, there is much more to these deals than people think.
Tax purposes. Income to Under Armour from Maryland is small so UA doesn't pay much tax. Then UA Pres. donates big sum and reduces his tax.
No - the deals are actually pretty simple.
Well, then, MD's stuff is 1/2 as popular as Louisville's.
And Maryland gets about twice as much as Virginia and Virginia Tech does....but that's really not much of a barometer.
The Maryland deal is online, as is the other two. They're very straightforward.
The Louisville deal is a little cute - it was structured to make create a headline, but cash is only $1.5M per year. (Michigan makes $3.8M in cash from adidas on a deal signed several years back - who do you think adidas values more? UM's deal expires in 2016 and they'll no doubt sign a monster deal then, but if adidas ever offers another school a better deal than the one they give UM, they have 30 days to bump UM back to the top.)
Lots of sizzle in the UL deal, but the steak is about the same size as everyone else.
I'm amazed you spend so much time misstating people's positions. I have no reason to think anyone was given bad advice. It would make sense to adopt these as the best plan you have (in terms of chances of keeping members together), and when you adopt them you say they work even though you don't know. Unless you know that lawyers never speak their client's position but only the truth.
I don't know the amount of the Undor Armour deal with Maryland. The originial was $3.5 million per year, but it should be close to expiration or recently renewed. I can't find the amount anywhere. If you can it would be nice to know. Kevin Plank is an alumni and donor to Maryland for other things, but don't know the apparel branding number.
Adidas has given Michigan $8.2 million per year and Louisville $7.7 million or so per year ($39 million for 5 years). Under Armour gave Notre Dame a big one assumed in the range of these, and of course it is not public.
What does Under Armour give MD?
Answer: Anything they want! Aside fro the Under Armour contract, Kevin Plank who owns the company is their "Burton" times 15! If you recall, one of the triggers that sent rumors flying that Maryland was heading to the B1G was the fact that several weeks prior to the announcement, Plank cashed in 50mil worth of his Under Armour stock! A sum that has Maryland covered regardless of the outcome of their litigation with the ACC! He also gives countless $ to Maryland's School of Business etc... They are sitting pretty in this whole thing on account of Plank, Maryland is VERY fortunate to have such a loyal supporter.
Piece of cake. Boy there are some stupid lawyers out there in Big 12 country. And ACC country. And Big 10 country. And at ESPN. And in the music, television and movie industry. All you have to do is physically restrain the cameraman from coming into your building and you are home free.
One of the most accurate statements made in this 4 page thread.then you are delusional
So in your opinion, the value of school is determined by its current media deal? An instant after joining a P5 conference UConn's media rights would be in line with the other members right? How do you reconcile that?. For UConn to even get on their radar, I think UConn has to be generating well over $15MM a year from television and multimedia. What is that number now? $2MM from the AAC and maybe $8MM in Tier 3/multimedia?
People maintain this illusion that the GOR's are breakable because they hope for chaos, and chaos is opportunity for a school on the outside like UConn. I get all that. I also think it is so wildly unrealistic that I am quite confident that no one in a position of power in Storrs considers the implications of breaking a GOR for even a nanosecond, because it is not going to happen.
Either there needs to be some sort of new incentive for conferences to add schools, or UConn needs to make itself valuable enough to make our admittance overwhelmingly compelling to the ACC or Big 10. The latter is the smarter plan.
Some of those bytes wasted discussing how Texas will break a GOR that they can't and don't want to break should be used on figuring out how to make UConn more valuable to another league. The bogey is $20MM a year for the ACC and about $35MM a year for the Big 10, going to $45MM/year. For UConn to even get on their radar, I think UConn has to be generating well over $15MM a year from television and multimedia. What is that number now? $2MM from the AAC and maybe $8MM in Tier 3/multimedia?
http://www.sportsbusinessdaily.com/...-Recently-Signed-Multimedia-Rights-Deals.aspx
(that link is over 3 years old and those rights are based on UConn still in the Big East, so they may have changed)
UConn is not getting into any league if that is all it is generating. UConn has to prove that it is a major revenue producer, not just promise it is. The best way to show UConn's value in New York is to break off from the AAC TV contract and go it alone for TV. I don't care if we do it within the AAC framework or outside of it. Signing the AAC/ESPN TV agreement was the stupidest decision in a long line of stupid decisions by this league. Exposure doesn't pay the bills. Either the league needs to get smarter or UConn needs to get smarter. WE NEED MORE REVENUE.
So in your opinion, the value of school is determined by its current media deal? An instant after joining a P5 conference UConn's media rights would be in line with the other members right? How do you reconcile that?
Do you think, perhaps, a P5 conference might talk to their television partners prior to making an offer to a school as to what impact a new addition might have? Do you think the B1G might also consider the numbers of homes in the schools home state?