Among the headlines Wednesday was the announcement from Nike that it has
reached an agreement to sell Umbro to Iconix Brand Group, Inc. for $225 million, a deal expected to be finalized by the end of the year. Up in the air from the deal, however, is the future of the sponsorship agreement with United Soccer Leagues, the former longtime property of Umbro, which was purchased by Nike in 2008. Nike subsequently sold USL in 2009 amidst much controversy that, in part, precipitated the acrimonious separation of USL First Division team owners into the NASL and what is now USL Pro. A sponsorship deal, featuring the Umbro brand, between Nike and USL was included among the terms of the sale of USL to NuRock Soccer Holdings, LLC. In regards to the future of the sponsorship arrangement and whether it would continue on with Nike, Umbro or neither, USL President Tim Holt told INWsoccernews USL management was "still in the process of working through the details of this with Umbro/Nike." As of now, Umbro remains among the branding on
USLsoccer.com.
