Thursday, November 5, 2009

Jordan Sneaker Choice May Cost University Millions


Marcus Jordan, Son of Michael Jordan, Chose to Wear His Father's Brand of Sneakers Despite His University's Adidas Deal

By ALICE GOMSTYN
ABC NEWS Business Unit

Choosing to wear his legendary father's brand of footwear Wednesday night may have cost Marcus Jordan's college a multimillion-dollar sponsorship deal.

German sportswear giant Adidas won't follow through on a six-year, $3 million contract with the University of Central Florida after school basketball player Jordan, the son of NBA phenom Michael Jordan, donned Michael Jordan brand Nike sneakers at a UCF exhibition game last night, according to the Orlando Sentinel.

Regional Adidas representatives had reached an agreement with the university to allow Marcus Jordan to wear Nike shoes but higher-ranking adidas officials later balked at the deal, the newspaper reported today.

"We are disappointed to learn that Adidas has chosen to discontinue its relationship with UCF Athletics," associate director of athletics Joe Hornstein said in an e-mail today to ABCNews.com. "Once we receive official notice, we will be able to further respond."

Full story here

No comments:

Post a Comment

We appreciates all comments and fosters free speech, however, keep in mind that we have young readers who peruse our site. Having said that, please refrain from using profane language, and know that flaming will not be tolerated. Spam will not be tolerated.

BLKUTIMES ARCHIVES