Sports Business & Investing
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 13 April 2015
⏱️ 19 minutes
🧾️ Download transcript
Summary
Under Armour bets big on Masters golf champion Jordan Spieth. We analyze the sports apparel landscape, Pepsi’s new deal with the NBA, and what to expect from Exxon Mobil and Chevron in the wake of Royal Dutch Shell’s $70 billion deal.
Transcript
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| 0:00.0 | It's Monday, April 13th. |
| 0:03.0 | Welcome to Market Foolry. |
| 0:04.0 | I'm Chris Hill joining me in studio today for a million dollar portfolio |
| 0:07.0 | Jason Moser and from Stock Advisor Canada, Taylor Melkerman. |
| 0:10.0 | Happy Monday, Jones. |
| 0:11.0 | Indeed. |
| 0:12.0 | Spring is in the air. |
| 0:13.0 | Pollin's in the air as well, but, you know, that's the price of spring. |
| 0:17.2 | I was always, I guess pollen's never really bothered me. |
| 0:19.8 | I mean, I don't have super allergies. |
| 0:21.8 | You're a fortunate man. |
| 0:22.6 | Contacts or anything so it's just tear up, get messy and move on. |
| 0:27.1 | Exactly and it only it really only lasts a few weeks. We're gonna talk big oil. |
| 0:32.4 | We're gonna talk big oil. We're going to talk big beverage but let's start in the world of sports because if you listened to last Wednesday's market foolery, you heard Jason Moser make his prediction for the Masters golf tournament Jordan Speeth, Speeth won. |
| 0:50.0 | I like to think that at least one of our like |
| 0:52.8 | golf clap yeah as Tony Kornaiser would say I believe you had that I like to think that at least one of our |
| 0:58.4 | listeners made a little wager and made some money off that wager but this is this is one of those times where this isn't just the big story in the sports world. |
| 1:06.6 | This is a story that crosses over into the world of investing because back in January, Under Armour, Sports Apparel Company based in Baltimore, |
| 1:17.0 | signed Jordan Speeth, who is, I hasten to point out, 21 years old. they signed him to a 10-year contract which ensures that |
| 1:28.0 | other than his gloves, the only logo that is going to appear on his shirt, his hat, his shoes. |
| 1:35.0 | Anything is going to be the under armor logo and I know we're just in the first year of this 10 year deal |
| 1:42.0 | but that is looking like a wonderful payoff so far |
... |
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