The University of California Los Angeles breached a $280 million athletics sponsorship agreement by failing to provide the marketing benefits,
The “foundational expectations” for the agreement were that UCLA’s teams “would perform in athletic competitions that would provide prominent exposure for Under Armour’s support for the university and its student athletes, thereby providing marketing benefits for Under Armour’s brand and drive sales of Under Armour products,” the company told the court.
When games were canceled due to the pandemic, Under Armour no longer received the marketing benefits it bargained for, the company ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.