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+---- Thread: UCLA suing UnderArmor for breach of contract. (/thread-905439.html)
UCLA suing UnderArmor for breach of contract. - PirateTreasureNC - 08-26-2020 08:10 PM
https://247sports.com/Article/ucla-bruins-suing-under-armour-breach-of-contract-200-million-in-controversy--150729097/
Interesting read for sure.
Also, what caught my eye is the pandemic costing their athletic department a $19M deficit. Also, that UA, due the pandemic is trying to shed outrageous deals.
RE: UCLA suing UnderArmor for breach of contract. - TexanMark - 08-26-2020 10:47 PM
They were fools to pay UCLA like they were the NY Yankees
RE: UCLA suing UnderArmor for breach of contract. - AssyrianDuke - 08-27-2020 07:25 AM
Under Armor is trying to do the same thing with their Cal contract too. Don't think it's going to end up working out too well for them as they have a flimsy argument at best.
RE: UCLA suing UnderArmor for breach of contract. - quo vadis - 08-27-2020 10:25 AM
(08-26-2020 10:47 PM)TexanMark Wrote: They were fools to pay UCLA like they were the NY Yankees
Yes, UA was monumentally stupid.
They are desperately trying to use Covid to shed these awful deals. I doubt a judge will let them get away with it. They probably realize that and are really angling for a settlement that will cut some of their losses. That's their best case scenario.
Ironically, the PAC decision not to play football does give UA some ammunition, as the deal was surely predicated on UCLA actually playing sports and thus giving UA the exposure.