Oct 9, 2015
4:03:42pm
4:03:42pm
Well, since Jordan Speith won the masters, Under Armors stock has jumped
41% to date. That translates to billions of dollars. Under Armour's golf business has gone through the roof. The product placement alone from the TV time he received in majors was estimated at a $20+ million value. It is worth well more than the estimated 10-15 million a year they are paying him. It is similar in football, visible product on popular teams that are viewed by millions of eyes is very valuable, and history has proven that it translates to sales.
Originally posted on Oct 9, 2015 at 4:03:42pm
Message modified by JOPE on Oct 9, 2015 at 4:04:40pm
Message modified by JOPE on Oct 9, 2015 at 4:05:18pm
Message modified by JOPE on Oct 9, 2015 at 4:06:21pm
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