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

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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.

 

Related Articles (NKE + UA)

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

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