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re: Under Armour has offered Kevin Durant a 10 year contract worth 265-285 million

Posted on 8/20/14 at 6:02 pm to
Posted by roguetiger15
Member since Jan 2013
16203 posts
Posted on 8/20/14 at 6:02 pm to
means that Under Armour would be devoting nearly 10 percent of its current annual marketing budget on him.

thats pretty ballsy
Posted by Feral
Member since Mar 2012
12499 posts
Posted on 8/21/14 at 9:14 am to
quote:

means that Under Armour would be devoting nearly 10 percent of its current annual marketing budget on him.

thats pretty ballsy



True, but they're trying to grow their basketball revenues from a minuscule percentage and gain market share. You don't do that without making waves and taking chances.

quote:

Although Under Armour has given investors guidance that it might hit $3 billion in revenues this year, only about one percent of that is from basketball shoes


This is the main reason they're making a huge play for basketball. Basketball will only grow in popularity in the next 20 years.
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