University Of South Carolina-Columbia Awards License Contract to Collegiate Licensing Company LLC (December 2019)
- Disclosed value
- Revenue sharing; $600,000 signing bonus to USC; apparel royalty guarantees via Hanes arrangement
- From minutes
- Approved
- Dec 17, 2019
- Term
- 10 years; ends September 30, 2029
- Renews
- Free account
The 30-second brief
The Board approved a 10-year Athletics Trademark Licensing Agreement with Collegiate Licensing Company, LLC, running through September 30, 2029. USC will receive tiered royalty shares on licensing revenues plus a $600,000 signing bonus and favored customer protections, alongside a lucrative exclusive apparel arrangement with Hanes.
Collegiate Licensing Company LLC holds this license contract with University Of South Carolina-Columbia. Its other public contracts on record include work for University Of Nebraska-Central Administration System Office and University Of Nebraska-Lincoln.
The renewal date is on record. A free account shows it, with the renewals for every University Of South Carolina-Columbia contract.
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Contract details
- Contract type
- License
- Amount
- Revenue sharing; $600,000 signing bonus to USC; apparel royalty guarantees via Hanes arrangement
- Document date
- December 17, 2019
- Term
- 10 years; ends September 30, 2029
- Renews
- Free account
- Source document
- University of South Carolina Board of Trustees Minutes Dec 2019 (Minutes)
Collegiate Licensing Company LLC's other public contracts
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Questions about this contract
Who was awarded the license contract by University Of South Carolina-Columbia?
Collegiate Licensing Company LLC was awarded this license contract by University Of South Carolina-Columbia, as recorded on December 17, 2019. The contract value is Revenue sharing; $600,000 signing bonus to USC; apparel royalty guarantees via Hanes arrangement.
How much is the Collegiate Licensing Company LLC contract with University Of South Carolina-Columbia worth?
The Collegiate Licensing Company LLC contract with University Of South Carolina-Columbia is valued at Revenue sharing; $600,000 signing bonus to USC; apparel royalty guarantees via Hanes arrangement, covering license work.
What type of contract is this?
This is a License contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in University of South Carolina Board of Trustees Minutes Dec 2019 (Minutes), dated December 17, 2019 from University Of South Carolina-Columbia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Collegiate Licensing Company LLC hold?
Collegiate Licensing Company LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is University Of South Carolina-Columbia currently buying?
Explore University Of South Carolina-Columbia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.