Market Overview

Top 5 NCAA Apparel Deals Compared To Under Armour's Record Breaking UCLA Deal

Share:
Top 5 NCAA Apparel Deals Compared To Under Armour's Record Breaking UCLA Deal

UCLA announced Tuesday its 15-year, $280 million contract with Under Armour Inc (NYSE: UA), effectively creating the largest apparel contract in NCAA history.

This was a big win for Under Armour, since the company previously had just one of the five largest contracts with NCAA football teams prior to UCLA, leaving Nike Inc (NYSE: NKE) with the rest.

Related Link: Under Armour Announces Record Partnership With UCLA

Top NCAA Deals

According to The Los Angeles Times's David Wharton, the current top ten NCAA deals are as follows:

  • 1.) UCLA – Under Armour: $280 million
  • 2.) Ohio State – Nike: $252 million
  • 3.) University of Texas Austin – Nike: $250 million
  • 4.) University of Michigan – Nike: 169 million
  • 5.) University of Notre Dame – Under Armour: $90 million

Under Armour traded up 1.49 percent Tuesday after the announcement and, at the time of writing, up 0.31 percent.

Posted-In: campusinsiders.com Kurt Shwerman NCAANews Contracts Sports Trading Ideas General Best of Benzinga

 

Related Articles (NKE + UA)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Salesforce Launches Service Cloud Lightning Snap-Ins: The Future Of Connected Customer Service

Oppenheimer Remains Positive On HP Enterprise Following Earnings, Deal With CSC