If you’re like me, and you hate those stupid Under Armour logos on the outfield doors at Wrigley Field, this is good news:
The Chicago Cubs baseball team has sued Under Armour Inc, charging the athletic clothing and shoe maker with reneging on a five-year sponsorship agreement worth $10.8 million.
The Cubs, in documents filed in a U.S. District Court in Chicago on January 22, said Under Armour breached a contract in which it agreed to pay the Cubs more than $2 million a season from 2009 through 2013.
Under the deal, the Cubs would display Under Armour’s company logo on the outfield doors at its home park of Wrigley Field, and the Baltimore-based company would receive the right to use the Cubs logo, according to court documents.
Of course, I have to admit that even if that sort of thing is good news for aesthetic purposes, it’s bad news for baseball. There are countless companies hemorrhaging money in this poo sandwich of an economy, and you can bet that as things continue to go bad, they’re going to cut back or, as Under Armour is alleged to have done, renege on sports sponsorship deals.