Re: Financially bankrupt because Chip tanked the program


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Posted by Deplorable on August 03, 2024 at 17:47:37

In Reply to: Financially bankrupt because Chip tanked the program posted by TheHappyBurgermeister on August 03, 2024 at 13:23:41

UA pulled out shortly after they pushed out their founder Kevin Plank in January 2020. Plank made the deal with Ucla and his successor quashed it. Standard corporate behavior when a company is under duress as UA was at that time. Their stock was down 70% from where they announced the deal to where they quashed it. Duress.

Chip Kelly had zero to do with it. He had arrived only the previous year.

It might helps to think and not emote when discussing business history.


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