Source: New York Post
UCLA has reclaimed the licensing rights to its own logo, ending a bizarre agreement stretching back more than 60 years and potentially fortifying its athletics department finances, the California Post has learned. The change comes six months after a scathing audit of a student-run organization that previously controlled those rights and clears the way for the school to take full control of optimizing branded products. The shift could be worth millions of dollars annually to an athletics department that no longer has to pay to use its own logo on merchandise.
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