UCLA sues Under Armour for terminating $280M sponsorship deal with school

ESPN: UCLA sued Under Armour in federal court on Wednesday, alleging it terminated its $280 million sponsorship agreement with the Bruins not because of the coronavirus pandemic but because the record-setting deal was too expensive for the financially troubled apparel company.

The lawsuit, filed in U.S. District Court in Los Angeles, said the amount in dispute is more than $200 million. UCLA sued Under Armour on the grounds of breach of contract, breach of implied covenant of good faith and fair dealing, and promissory estoppel.

UCLA sues Under Armour over sponsorship deal

UCLA sued Under Armour in federal court on Wednesday, alleging it terminated its $280 million sponsorship agreement with the Bruins not because of the pandemic but because the massive deal was too costly for the financially troubled apparel company.

ESPN.com

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