Yesterday UCLA locked in a $280 million deal with Under Armour. This is the largest shoe and apparel sponsorship deal in college sports history. Of the five largest college apparel sponsorship deals, Under Armour now has two of them (UCLA and Notre Dame) while Nike has deals with Ohio State, University of Texas and University of Michigan.
I am a child of the 90's and grew up accustomed to seeing Nike dominating sponsorship deals either with college schools, professional teams and professional athletes. Recently though Under Armour is making serious inroads to deals that would traditionally go Nike's way. Some of the top athletes across multiple sports are now sponsored by Under Armour - Stephen Curry, Tom Brady, Cam Newton, Jordan Spieth, Harper, Kershaw, Phelps, etc.
I'm curious to hear your opinions of Under Armour vs Nike and whether UA's sponsorships are growing their brand. Today do kids prefer one over the other? I lean more towards Nike (could just be my perception from always seeing them as the number 1 brand in this area) but do the younger kids who don't remember a time before Under Armour have this view as well?
Anyways I think it's good for sports having multiple sponsors to compete against one another to increase revenues. I hope UA's affiliation with Maryland helps to grow the BIG further.
I am a child of the 90's and grew up accustomed to seeing Nike dominating sponsorship deals either with college schools, professional teams and professional athletes. Recently though Under Armour is making serious inroads to deals that would traditionally go Nike's way. Some of the top athletes across multiple sports are now sponsored by Under Armour - Stephen Curry, Tom Brady, Cam Newton, Jordan Spieth, Harper, Kershaw, Phelps, etc.
I'm curious to hear your opinions of Under Armour vs Nike and whether UA's sponsorships are growing their brand. Today do kids prefer one over the other? I lean more towards Nike (could just be my perception from always seeing them as the number 1 brand in this area) but do the younger kids who don't remember a time before Under Armour have this view as well?
Anyways I think it's good for sports having multiple sponsors to compete against one another to increase revenues. I hope UA's affiliation with Maryland helps to grow the BIG further.