The two licensing segments that interest me are collegiate licensing and professional licensing. There are many colleges and universities that have some of the most loyal and passionate fans in the world (CLC, 2016) and they will remain loyal no matter how a team’s record stands. A lot of college fans will purchase shirts, hats, jerseys, banners, and much more different types of merchandise to support their favorite college teams, which the licensing representative for the NCAA is the Collegiate Licensing Company (CLC) (NCAA, 2016). The NCAA owns all the trademarks and logos of teams so they make it easier for individuals and companies to obtain a license directly from the CLC.
Professional licensing can go through an individual player and/or
The NCAA has been around and evolved since the beginning of college sports. This organization is a non-profitable organization, but ironically makes more than millions of profit per year. Branch states “that money comes from a combination of ticket sales, concession sales, merchandise, licensing fees, and other sources—but the great bulk of it comes from television contract”(pg. 228). Meanwhile, the student-athletes do not receive any of this money. This is the start of an unsubstantial business between universities built around amateurism.
College athletics assume a large role in the entertainment industry of America. Each week, millions of people tune in to watch their favorite team, buy tickets to go to the games, or spend money on university athletic merchandise to show their pride. The NCAA and universities benefit enormously from college sports. The top 10 total revenues generated by universities were all well over the $100,000,000 mark in 2012 (“College Finances 2012”). The University of Texas tops the list with $163,295,115 total revenue from athletics (“College Finances 2012”). Last football season, Texas A&M University quarterback Johnny Manziel won the Heisman Trophy. As the first freshman to ever win the trophy, he propagated over 1.8 million media impressions which translated to $37 million of media exposure (Cook). The University’s licensing revenue jumped 23% this past year due to the success of one player (Cook). The NCAA itself generated $871,600,000 in revenue from the championship games (“College Finances 2012”). All of this revenue is impossible without the student-athletes. The NCAA is strict on making sure that athletes should be treated no different from any other student (Blias). However, the athletes are involved in a heavily commercialized multi-billion dollar industry. As amateurs, athletes remain restricted solely to scholarships as the only form
The legal dispute between the National Football League’s Seattle Seahawks and Texas A&M University over the exploitation of the slogan “12th Man” is not only a respectable example of the significance of brand loyalty, but it is also an important case that proves the importance of having a strong brand equity. Both sport organizations take considerable pride in their supporters and fans, who they realize is the backbone of their success as an organization/ corporation. Texas A&M University’s claim over the use of the phrase “12th Man” was arguable but they stood their ground when the Seahawks defied the University’s letter to discontinue their usage of the phrase. The TAMU Vice President for Communications was protected under the Federal Trademark Act of 1946, which had the purpose of defending the right of the owner to protect the mark that symbolizes their respective organization. The case between the two warring sport properties (which was ultimately settled out of court) proved the importance of brand equity and the benefits of it as well—one major benefit being the licensing and merchandising opportunities to sell to other organizations. In exchange for the Seahawks to use the 12th man trademark, they had to pay a $100,000 licensing fee plus, publicly
The latest information it reported to the U.S. Department of Education showed that during the 2011-2012 school year, the university spent $25.8 million on its football team and that football team returned $103.8 million in revenues. One reason that contributed to the extraordinary return on investment was a 20-year, $300 million contract signed with ESPN in 2011 to create the Longhorn Network, which is a new telecasting arm for all Texas sports. Another factor was licensing royalties Texas earned for selling its logo and burnt orange color on merchandise, which, for an eighth consecutive year, was the top-selling college merchandise in what is a $4.6 billion industry nationwide.
It is the NCAA’s policy that no student athlete shall receive any special benefits or compensation in regard to their status as an athlete of a university. This basically means that no player can accept gifts or services with any special benefits from school or athletic personnel, or receive any benefits for outside entrepreneurship for reasons regarding their play. For example, a student athlete cannot sign a jersey with their number on it and exchange it for any type of compensation. However, over the past few years, many scandalous conspiracies of soliciting services to athletes for their commitment and play have surfaced. Due to the NCAA’s stance on this issue many of these violations have left athletics programs with sanctions that in reality are very unnecessary and hardly ever punish those who initially violated the rules. The fact is that the college athletics generates on average 10.5 billion dollars of revenue annually, and the NCAA organization alone, about 720 million annually. Of that 720 million that the NCAA accounts for, only 60 percent of that is returned to the Division I universities whose athletics accounted for almost all of it. The rest is dispersed into other funds such as championship games and the national office services, with a small amount being paid to division II and III schools. However, of that 60 percent paid back to the Division I schools, which amounts to approximately 430 million dollars, the majority is spent by the University on
The teams of the NFL established the NFLP or National Football League Properties to “develop, license, and market” the teams' intellectual property in 1963. The organization allowed a certain amount of nonexclusive licenses to a variety of licensees. American Needle was one of the licensees. They made a variety of headwear that displayed the various NFL team logos. The licensing agreement lasted until 2000. The NFL teams sanctioned the NFLP to give Reebok an exclusive license for headwear. With this decision, the NFLP did not renew American Needle’s license or the licenses of any other headwear vendors.
Universities can sell sponsorships to various companies for advertising (at a minimum of about $300,000 per year) and have recently begun naming their stadiums after large corporations in exchange for large donations. Most large athletic departments have lucrative deals, worth about $1 million yearly, with shoe companies. Many colleges receive a substantial amount in royalties for college merchandise, which is sold under official license; some schools receive up to $6 million annually from this source. Coaches also stand to make a significant salary (including base salary from school as well as television, radio, and shoe company stipends) with the highest paid football and basketball coaches currently earning $1-$2 million a year (Eitzen 2000). Even among schools who don’t produce these extreme amounts of revenue,
With college basketball and football originating in the 1800’s, the game has had much time to adapt. Over the years, the sports have become more and more popular, gaining a bigger fan base, which has resulted in substantial profits from the sale of merchandise representing the teams and players. There is one thing that has not changed; all of the athletes are still not being paid. The National Collegiate Athletic Association, or NCAA, is an organization that regulates most aspects of
University’s draft athletes to work within the NCAA, a, multi-billion dollar industry that regulates players to the point of management. All television revenue, ticket and jersey sales, promotions and other sources of income goes to everyone involved in the business except for the athletes creating the worth. According to USA Today Sports in 2014, the NCAA had total revenue of nearly 1 billion during its 2014 fiscal year, well beyond the revenue generated by the NFL, and NBA playoffs. (NCAA nearly topped $1billion in
Along with the generation of revenue, the popularity of the athlete has amplified income for the National Collegiate
One view point in this issue is the view point of the higher up people at universities and the NCAA. College athletics are fully commercialized and is also a huge money making business. The benefactors of this largely successful corporation are the
That’s right, sports team branding is more than just a gimmick. It’s not about creating an eye-catching image and forcing it on people. It’s about building an identity, and maintaining it. We see this a lot in college sports especially.
The First World War, also known as the Great War of 1914-1918, is not an event that manifested overnight; it was the result of ever growing tension among European nations. This conflict was brought about by factors such as, nationalism, militarism, and the Alliance system. An upheaval such as the First World War was witness to the emergence of the glorification of war, struggle, despair, destruction and immense loss of life. The First World War brought about a defining moment in the history of the modern consciousness. The modern world was born anew with a self-conscious awareness of plight and modern society. This awareness has been characterized by a profound sense of the differences between past and present.
I have been requested to lead a Task Force to include myself and hospital staff, community leaders, and law enforcement. With the recent death of two intoxicated inmates and jail overcrowding, law enforcement are now giving arrestees an option of being transported to our local emergency room or to be taken to jail. Prior to the two inmates’ death, our hospital’s emergency room has not been involved with the issue of overcrowding jail cells. With this new implementation, our hospital and staff members have expressed concerns that we would like addressed. To resolve this conflict, I propose that we identify and analyze the underlying factors that have caused the change, for each of us to offer ideas to modify and change the current situation,
Throughout each life stage I have encountered weather it being the past future or present I have faced and will face changes. The changes are influenced by the developmental stage, developmental tasks, psychosocial crisis, and central process for resolving crisis, radius of significant relationships, and the coping strategies I have adapted to. Within these aspects previously listed that have influenced me in the past, present, and in the future I have successes and barriers that have also shaped me into the person I am in my present stage. By way of example, the psychosexual theory and the social learning theory draw relation to my development and experiences that have shaped my development through my life stages. Upon the early adolescence, later adolescence, and early adulthood life stages I have encountered have helped structure the development I have in my present life stage.