About The Author

Terry Lefton

Terry Lefton covers marketing, including sponsorships, licensing and merchandising, for SportsBusiness Journal/Daily.

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Sources: VF Corp. To Sell Its Sports Licensing Group To Fanatics, Likely "Within Weeks"

Published in SportsBusiness Daily on 03 / 27 / 17

NFL owners later today at meetings in Phoenix are scheduled to vote on proposals surrounding the transfer of the NFL business held by VF’s Licensed Sports Group (LSG) to Fanatics. Sources said this means VF is close to selling its licensing business to Fanatics, and the sale should be official...

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Tags: Finance, Majestic Athletic, VF Corp.

More Stories by this Author

06/20/16
SportsBusiness Journal: The making of 'Protect This House'

Like so many things during Under Armour’s early years, “Protect This House,” the brand’s first TV brand campaign, was a fortuitous mixture of grassroots authenticity and a meager marketing budget. “Kevin wanted to do a TV ad, and of course we had no money,” sai ...

Tags: In-Depth

06/20/16
SportsBusiness Journal: Envisioning a grand headquarters

Under Armour has big goals for revenue and plans for a big headquarters to match. Revenue is expected to top $5 billion this year, but as it eventually grows to $10 billion and beyond, Under Armour plans to be occupying a multibillion-dollar headquarters at Port Covington along the harbor in Sout ...

Tags: In-Depth

06/20/16
SportsBusiness Journal: What if?

So what would Kevin Plank be doing if he wasn’t running Under Armour? There’s overwhelming opinion that he would be running his own business. “He couldn’t work for anybody,” said Under Armour North America President Matt Mirchin. “Kevin would definitely have hi ...

Tags: In-Depth

06/17/16
SportsBusiness Daily: NBPA Ends Relationship With Personal Capital

The NBPA has severed its relationship with wealth management firm Personal Capital, which had provided its personal-finance app and services to NBPA members. Finsbury, an agency representing the union, said that Personal Capital issued an unauthorized press release and "publicly shared confidential ...

06/16/16
SportsBusiness Daily: Free Concerts Supporting MLB All-Star Game

As part of celebrations supporting the July 12 MLB All-Star Game in San Diego, league sponsors Budweiser and Pepsi are backing free concerts with Gwen Stefani, OneRepublic and Tori Kelly. Those acts will headline three separate shows on Friday, July 8, and Saturday, July 9 at San Diego's Embarcadero ...

Tags: Events and Attractions, MLB

06/13/16
SportsBusiness Journal: For Ali, ‘there will always be a market’

A crowd greets Muhammad Ali as he helps launch Adidas’ "Impossible Is Nothing" ad campaign in 2004. Photo by: GETTY IMAGES After what many called the most far-reaching memorial ...

Tags: Marketing and Sponsorship

06/13/16
SportsBusiness Journal: ABG in charge of Champ’s commercial legacy

Assuring that The Greatest’s legacy endures commercially falls to Authentic Brands Group, a firm that also represents the estates of the King of Pop, the King of Rock ’n’ Roll and Hollywood’s ultimate blonde. ABG, which handles the commercial estates of Michael Jackson, El ...

Tags: Marketing and Sponsorship

06/10/16
SportsBusiness Daily: Kroger Renews Pacers Sponsorship

The Kroger grocery chain has renewed its sponsorship deal with the Pacers. The five-year renewal now also includes rights to the WNBA Indiana Fever and the D-League Ft. Wayne Mad Ants, which both are owned by Pacers Sports & Entertainment. As the official grocer of the Pacers, Kroger will c ...

06/10/16
SportsBusiness Daily: Pepsi Beginning Emoji-Based MLB Campaign

Call it Emoji Night next Tuesday at Angel Stadium in Anaheim, where longtime MLB corporate sponsor Pepsi will back the first integration of its summer long emoji-based #SayitwithPepsi campaign at an MLB ballpark. For Tuesday’s Twins-Angels game, Pepsi will attempt to establish an emoji r ...

Tags: Marketing and Sponsorship, PepsiCo

06/06/16
SportsBusiness Daily: Momentum Wins SAP Account

Momentum Worldwide has emerged victorious in one of the most closely watched reviews of the year: a shootout for the global sports and entertainment sponsorship agency of record business for b-to-b software giant SAP. The assignment is effective Ju ...

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