Quote Of The Day
“I know of no other sponsorship deal, not tied to naming rights of real estate [stadiums, arenas, etc.], which is for a term of that length. The risk is just too great. Just think about this. Nike is a huge public company with an army of smart guys and access to the best economists on the planet. The Federation is headed up by a lawyer who made a name for himself as a producer of a reality television show for NASCAR. Its self-perpetuating Board of Directors is composed of part-time policy makers. Who do you think was better informed as to what the economic future looks like in 2040? Who do you think got the better of the deal?”
– Former USATF CEO Doug Logan harshly criticizing USATF’s 26-year “half billion dollar” deal with Nike.
*2nd Article In Track And Field News Explaining What A Bad Deal USATF Got