03 Sep Under Armour Extends Contract with Temple
Under Armour Inc. and Temple Athletics announced a 10-year partnership extension.
Under the extension, Under Armour will provide uniforms, apparel and footwear for all 19 varsity sports teams through 2025 and also will have a greater presence on Temple’s campus. The deal is reportedly worth $30 million.
“We are very excited to announce this new, enhanced partnership with Under Armour,” said Patrick Kraft, Temple’s director of Athletics. “Under Armour is one of the most respected brands in the industry and has been a great partner with Temple Athletics over the last five years. This new partnership will continue to provide our student-athletes with state-of-the-art product and will help to increase the visibility of our brand on a national level.”
“We are honored to extend our partnership with Temple University for the next decade and continue to provide their student-athletes with innovative gear to train and compete in,” company vice president Ryan Kuehl said in a statement released by Temple.