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.
In May 2016, Under Armour and UCLA signed the largest athletic apparel deal in collegiate sports history at the time, with the apparel company agreeing to provide the Bruins with at least $280 million in financial support, including monetary payments and products over 15 years.