CONTRACTAPPROVED

University Of South Carolina-Columbia Awards License Contract to Collegiate Licensing Company LLC (December 2019)

University Of South Carolina-Columbia logoUniversity Of South Carolina-Columbia
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

What it covers

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.

Who holds it

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.

What happens next

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.

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