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Virginia Mens Basketball Board


Joined: 8/31/01 Posts: 65269
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I literally said in this thread it might behoove both parties ...

to renegotiate if UA has to file for bankruptcy. They might save value that way,

That said, UA is trying to find a loophole. It looks like they are arguing a force majeure during a pandemic ... 4 years into a 15 year contract. Let's not forget UA was in financial trouble before the pandemic. The onus is not on UCLA and Cal to renegotiate. UA needs to find common ground with them. Instead, UA is the one backing away.

Regarding the couple where a significant other was flattened by the bus, what if the couple was already living above their means (UA was)? Now they are using a tragedy to back out of a contract without renegitaiting ... citing that due to the pandemic, they couldn't use the housing complex's pool.

Yes, it's shady.

I rather not protect badly run companies. With the same management, they'll most likely be into trouble again ... destroying even more value.

[Post edited by Blah at 06/30/2020 3:20PM]

(In response to this post by Bourbon Bowl)

Posted: 06/30/2020 at 3:14PM


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Current Thread:
  UA? shady? never ;-) ** -- HooInDE 06/28/2020 10:54PM
  So the B1G isn't going to bail them out??!?! ** -- aficionadHOO 06/28/2020 9:52PM
  Re: So the B1G isn't going to bail them out??!?! -- builtbadgers 06/28/2020 10:04PM
  That company is a dumpster fire. ** -- Ronald Mexico 06/28/2020 1:02PM
  Couch fire since linking with Maryland ** -- NVHoo 06/28/2020 6:50PM
  So fa things ain't looking good for UA or Maryland.** -- alleyoop hoo 06/28/2020 8:23PM
  Yep! ** -- Birddog 06/28/2020 12:30PM

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