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Zagdawg
08-01-2016, 09:09 AM
GONZAGA UNIVERSITY EXTENDS LICENSING PARTNERSHIP WITH THE COLLEGIATE LICENSING COMPANY

http://www.clc.com/News/Gonzaga-University-Extends-Licensing-Partnership-w.aspx

Zag 77
08-01-2016, 10:54 AM
This is my opportunity to vent. Sports gear with your team logo, etc. is obscenely expensive. Not just GU items. It costs the manufacturer probably less than a dollar to manufacture a T-shirt in Asia and they turn around and sell it for 19 to 25 dollars. The same factory turns around and sell the same item to a counterfeit supplier and you buy it for about 50% off.

Frankly the counterfeits are getting pretty good. And I don't buy the argument that buying from a counterfeiter is immoral. The poor schmuck who makes the legitimate or "illegitimate" shirts gets paid the same. I suspect that the cut that GU gets for licensed products is actually pretty small.

The worst are the prices for NFL, MLB, MLS, College or NBA jerseys. $100 for a Seahawk jersey? You gotta be kidding. Especially if you want one for a growing kid who might wear it for only a season or maybe two.

I am all for capitalism, but some of these profits are seriously off the charts. And the sellers have no incentive to cut their prices as long as we stupidly pay their prices. :enraged:

hondo
08-01-2016, 11:30 AM
Well said 77. I totally agree.

Zagdawg
08-01-2016, 12:07 PM
I say the same thing each time I purchase a pair of sunglasses (how can $1 worth of plastic cost me $150?) or a new cell phone.

raise the zag
08-01-2016, 12:15 PM
I am all for capitalism, but some of these profits are seriously off the charts. And the sellers have no incentive to cut their prices as long as we stupidly pay their prices. :enraged:

most of the sweatshirt/hoodies i've seen recently are priced b/w $60-89, unless screen printed, which drops price to around $40.

insane.

the latest Nike GU hoodie is $90!!!

maynard g krebs
08-01-2016, 12:48 PM
I get my Zag tshirts at Value Village for about $2.99. I have 4.

There's a sucker born every minute. Or people with so much money that wasting it doesn't matter to them.

When something sells, the price rises until it sales slow, and then stabilizes at the level where (margin per unit X sales volume) is maximal. If it doesn't sell, the price drops until it starts selling, or it is determined to be unprofitable and production ceases.
Saying "I'm all for capitalism, but......." doesn't really compute. Capitalists fight tooth and nail for unregulated "free markets", spending millions on lobbying. If you argue for regulation of capitalism, you have said that you are opposed to capitalism as capitalists practice it. Can't have it both ways. Just sayin'.

JPtheBeasta
08-01-2016, 01:16 PM
I get my Zag tshirts at Value Village for about $2.99. I have 4.

There's a sucker born every minute. Or people with so much money that wasting it doesn't matter to them.

When something sells, the price rises until it sales slow, and then stabilizes at the level where (margin per unit X sales volume) is maximal. If it doesn't sell, the price drops until it starts selling, or it is determined to be unprofitable and production ceases.
Saying "I'm all for capitalism, but......." doesn't really compute. Capitalists fight tooth and nail for unregulated "free markets", spending millions on lobbying. If you argue for regulation of capitalism, you have said that you are opposed to capitalism as capitalists practice it. Can't have it both ways. Just sayin'.

I thought the OCC was shut down ;)

I think he hit on what you were saying with his comment, "And the sellers have no incentive to cut their prices as long as we stupidly pay their prices."

Thank you for the mini-lecture, though.

JPtheBeasta
08-01-2016, 01:20 PM
If any one is bored, check out what it takes to license products (in this case, the NFL):
https://www.nfl.info/nflconsprod/welcome/cpprequalify.htm

maynard g krebs
08-01-2016, 01:27 PM
I thought the OCC was shut down ;)

I think he hit on what you were saying with his comment, "And the sellers have no incentive to cut their prices as long as we stupidly pay their prices."

Thank you for the mini-lecture, though.

I didn't bring up the topic, just responded to something said above. I also didn't mention partisan politics, just economics (as I said, what set me off was "I'm all for capitalism, but...............), as did the post above mine that brought up the topic.

You may have cited the wrong post.

gonzagafan62
08-01-2016, 02:44 PM
Don't care. If says Gonzaga or Zags and it looks sharp or it's rare buying it. Don't care about price

Zag 77
08-01-2016, 03:03 PM
Don't care. If says Gonzaga or Zags and it looks sharp or it's rare buying it. Don't care about price

And that, Ladies & Gentlemen, is why they can charge $60 for a $25 sweatshirt. And GU probably gets 50 cents out of the deal. Which is fine for GU, and I am not complaining about them.

The NFL, MLB, NBA, MLS, NHL are just raking in huge amounts of money on these licensing agreements.

And let us heap a little crap on the athletes, too:


Kevin Durant’s KD9 Nike shoe was released late in June, available to the public for $150. While it is $30 cheaper than the KD8 that came before it, the most recent version of Durant’s shoe is still far pricier than what it used to be.

Durant and Nike began selling the shoe at an affordable $88, and actually dropped the price down to $85 for the KD2 and KD3 releases. Then, the price began to climb, all the way to $180 for the KD8.

When asked about this in a recent press conference, Durant was pretty blunt.

“As humbly as I can say it, I’m not a $88 player,” Durant said. “I’m an elite player in the league. I wanted everything to be affordable, but I knew we had to sacrifice some stuff. I just wanted the fans of the brand and of the shoe to just stay patient with me. And stay patient with who I am as a player, and the level I was trying to go to.”

These prices would not last if people exercised a little bit of restraint (or look to alternative suppliers). The principle is called Supply and Demand.

gonzagafan62
08-01-2016, 03:55 PM
I come from a home that (for me) gets $30 extra dollars ever two weeks. Bring home about $1500 as a family with two car payments and a house payment. I have barely any money left over after I buy for my wife and baby.

Prime example #1: really cool Few Good Men shirt that I bought two weeks ago. Bought it for $32 bucks... You ain't buyin that in one year. So I bought it. My entire allowance per se was gone with that one shirt. I didn't complain and I actually saved a few bucks back for it. I usually save multiple paycheck a before buying anything.

I don't call "restraint" as you said the problem with people. I don't see a problem at all. I'm an extremely passionate fan of Gonzaga hoops and I know how much it takes to get what I want. I don't just buy officially licensed products either. I get what I think I'd look good in and what is comfortable. I do extremely hard research before I spend my hard earned dollars. The price is never going to go down. May go up. With success comes inflation on prices on everything. Everyone wants success right?

Can't have your cake and eat it too. Or however that goes.

As long as the team exists, I'm buying.

gu03alum
08-01-2016, 07:19 PM
YOLO - if you see something you want then buy it.

Zagdawg
08-01-2016, 07:34 PM
Gonzaga Guru Retweeted
Darren Rovell ‏@darrenrovell 6h6 hours ago
Gonzaga royalties in 2000: $26,000

Gonzaga royalties in 2015: $340,000

With extended deal, CLC will manage school's licensing thru 2024.

willandi
08-01-2016, 07:55 PM
YOLO - if you see something you want then buy it.

Urban Dictionary: Yolo
www.urbandictionary.com/define.php?term=Yolo
'YOLO', meaning You Only Live Once, is a viral quote most popularly used by prepubescent girls, but the range is undoubtedly in the teenage community.


????

gonzagafan62
08-01-2016, 10:25 PM
Urban Dictionary: Yolo
www.urbandictionary.com/define.php?term=Yolo
'YOLO', meaning You Only Live Once, is a viral quote most popularly used by prepubescent girls, but the range is undoubtedly in the teenage community.


????

You seriously don't get it? Lol.

willandi
08-02-2016, 05:42 AM
Urban Dictionary: Yolo
www.urbandictionary.com/define.php?term=Yolo
'YOLO', meaning You Only Live Once, is a viral quote most popularly used by prepubescent girls, but the range is undoubtedly in the teenage community.


????


You seriously don't get it? Lol.

I have never thought of 03 as a prepubescent girl! You do? LOL

cbbfanatic
08-02-2016, 06:59 AM
When something sells, the price rises until it sales slow, and then stabilizes at the level where (margin per unit X sales volume) is maximal. If it doesn't sell, the price drops until it starts selling, or it is determined to be unprofitable and production ceases.


your broad-brush approach to how pricing, margins, & value chains work is incredibly oversimplified, and has relatively little relevance to most products that we all encounter on a daily basis.

what you're describing applies more to commodities exchanges, something that an average consumer only sees in an indirect way

Goshzagit
08-02-2016, 08:01 AM
this thread is a microcosm of the 'dog days of off-season' chatter.

interesting nonetheless, but man, we are in need of some updated bball intel.

:p

Snagglezag
08-02-2016, 08:33 AM
What does our contract with Nike look like? Didn't Gonzaga extend a few years back?

Zaggin' it
08-02-2016, 09:08 AM
What does our contract with Nike look like? Didn't Gonzaga extend a few years back?

8.5 x 11 white paper stock with black typeface.

Snagglezag
08-02-2016, 09:38 AM
8.5 x 11 white paper stock with black typeface.

Nailed it.

Zagdawg
08-02-2016, 09:42 AM
There was a database that showed some of the values of some of the apparel contracts out there --- but I did not see anything specifically Gonzaga -- but here are a few to get an idea of the money that is available to some schools. Keep in mind these are football schools also.

Contracts can be from Nike, Adidas or Under Armour -- for 2014-2015 school year Pac 12 and Mountain West examples

University Conference Company total contract value
UCLA Pac-12 Adidas $7,500,000
University of Washington Pac-12 Nike $3,360,000
University of Oregon Pac-12 Nike $2,985,000
University of Utah Pac-12 Under Armour $2,416,000
Oregon State University Pac-12 Nike $2,147,000
University of Colorado Pac-12 Nike $2,115,000
Arizona State University Pac-12 Nike $2,110,000
University of California, Berkeley Pac-12 Nike $1,950,000
Washington State University Pac-12 Nike $1,525,000
University of Arizona Pac-12 Nike $1,000,000
Boise State University Mountain West Nike $1,040,000
UNLV Mountain West Nike $1,015,000
California State University, Fresno Mountain West Nike $525,000
University of Hawaii Mountain West Under Armour $410,000
University of Nevada, Reno Mountain West Nike $400,000
San Diego State University Mountain West Nike $202,000
University of Wyoming Mountain West Nike $0
Utah State University Mountain West Nike $0

http://www.bizjournals.com/portland/blog/threads_and_laces/2013/12/database-nike-adidas-under-armour-ncaa.html?page=all&appSession=683291470470115&cbSearchAgain=true&AppKey=136b100080199cf7b86245558063

kitzbuel
08-02-2016, 10:58 AM
There was a database that showed some of the values of some of the apparel contracts out there --- but I did not see anything specifically Gonzaga -- but here are a few to get an idea of the money that is available to some schools. Keep in mind these are football schools also.

Contracts can be from Nike, Adidas or Under Armour -- for 2014-2015 school year Pac 12 and Mountain West examples

University Conference Company total contract value
UCLA Pac-12 Adidas $7,500,000
University of Washington Pac-12 Nike $3,360,000
University of Oregon Pac-12 Nike $2,985,000
University of Utah Pac-12 Under Armour $2,416,000
Oregon State University Pac-12 Nike $2,147,000
University of Colorado Pac-12 Nike $2,115,000
Arizona State University Pac-12 Nike $2,110,000
University of California, Berkeley Pac-12 Nike $1,950,000
Washington State University Pac-12 Nike $1,525,000
University of Arizona Pac-12 Nike $1,000,000
Boise State University Mountain West Nike $1,040,000
UNLV Mountain West Nike $1,015,000
California State University, Fresno Mountain West Nike $525,000
University of Hawaii Mountain West Under Armour $410,000
University of Nevada, Reno Mountain West Nike $400,000
San Diego State University Mountain West Nike $202,000
University of Wyoming Mountain West Nike $0
Utah State University Mountain West Nike $0

http://www.bizjournals.com/portland/blog/threads_and_laces/2013/12/database-nike-adidas-under-armour-ncaa.html?page=all&appSession=683291470470115&cbSearchAgain=true&AppKey=136b100080199cf7b86245558063


This one does not seem to be included:UM's $174 million Nike apparel deal begins with fanfare (http://www.crainsdetroit.com/article/20160801/NEWS/160809989/ums-174-million-nike-apparel-deal-begins-today)

cbbfanatic
08-02-2016, 01:49 PM
This one does not seem to be included:UM's $174 million Nike apparel deal begins with fanfare (http://www.crainsdetroit.com/article/20160801/NEWS/160809989/ums-174-million-nike-apparel-deal-begins-today)

divide by 14 for contract term and you're at a cool $12.4MM/year, but a big chunk of that is free product, vs straight licensing/royalty. not sure if that is included in the above #s, but i imagine the universities are more interested in cash than the value connected to the free stuff they get

the examples above were just mtn west & pac12 though, i'd be curious to see the whole list. imagine osu, alabama, ND, texas, penn st, etc have massive deals somewhere around UCLA's figure or upward.