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Syracuse University cancels contract with sports marketer IMG (PS)
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[QUOTE="Todd Gack, post: 1081403, member: 869"] From the P-S: "IMG, together with a company it merged with, ISP, had been marketing SU sports since 1999. IMG sold everything from signage at the dome to the Time Warner logo on football coach Scott Shafer's headset. It also had been paying the lion's share of salaries for SU's top coaches and a share of the salary of SU's athletic director, Darryl Gross. "SU has not said how much IMG paid the university. IMG's payment to SU had been a guaranteed amount, with a percentage of revenue shared once a threshold is met, Joe Giansante, SU's executive senior associate athletic director, said last fall. But IMG is paying West Virginia University at least $7 million a year to market its sports programs, according to published reports. "IMG handled all of SU's marketing for football, men's and women's basketball and the coaches' radio show for those sports, as well as running men's lacrosse play-by-play radio and SU game programs. IMG handled all of SU sports' Internet rights, event marketing and game promotional rights, video rights, publication rights and all facilities signage rights." [/QUOTE]
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Syracuse University cancels contract with sports marketer IMG (PS)
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