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SYRACUSE UNIVERSITY AND IMG ANNOUNCE NEW MULTIMEDIA LICENSE AGREEMENT

Aug 19, 2014

Syracuse, NY (August 19, 2014) – Syracuse University and IMG today announced that both parties have entered into a new multi-year license agreement in which IMG will serve as the Syracuse University Athletics’ multimedia license partner.

Revitalizing a partnership that began in 1999, IMG will work in conjunction with the university's athletics department to bring national, regional and local sponsorship and media support to the university's athletic programs. The agreement recognizes the shared interests of each entity while creating new opportunities to leverage the Syracuse brand and provide support for Syracuse Athletics and its nearly 500 student-athletes. 

Under the new agreement, IMG will market and sell corporate sponsorships, and manage radio game broadcasts for the athletics' department sports programs, as well as produce coaches television shows and other programming and publications.  IMG will also market other assets of the athletics department, including certain digital entities, venue signage, in-game promotions and other sponsorship recognitions in conjunction with university athletic events.

“IMG is a valuable partner to our university, we are excited to begin a new partnership with them and their new parent company WME,” said Syracuse University Director of Athletics, Dr. Daryl Gross. "This new agreement will maximize our interests, allowing us to further support our student-athletes on the field and in the classroom, and compete at the highest level in the ACC and nationally for years to come.  The combination of the IMG College platform with the new leadership, ideas and opportunities brought forth by their new parent company, William Morris Endeavor, will bring us a dynamic and exciting opportunity unrivaled in college sports today.  We look forward to enhancing the overall academic and athletic experience for our student-athletes and leading the way in fan engagement at our athletic events.”

“We are excited to renew our relationship with one of our nation’s great universities,” said Ben Sutton, Jr., Chairman and President of IMG College. “We have enjoyed a longstanding, very productive relationship with Syracuse, and we are proud the school has chosen to re-establish itself as a part of our industry-leading national platform. Our entire team is looking forward to the coming football and basketball seasons, particularly with Syracuse’s new ACC conference affiliation and the new rivalries Syracuse is developing.”

Additional terms of the new contract will not be disclosed.

About Syracuse University Athletics
Syracuse University is a private national research university dedicated to advancing knowledge and promoting student success through teaching excellence, rigorous academic scholarship, and interdisciplinary research. The University's athletic department supports nearly 500 student-athletes in 20 fully-funded intercollegiate sports. It is a member of the Athletic Coast Conference, joining the prestigious league in 2013. The University and its athletics programs represent all of New York as the only institution from the state in one of the five major conferences in college athletics today.  Syracuse has won national championships in Football, Men's Basketball and Men's Lacrosse.  Several Orange athletic teams, managed by Athletics Director Dr. Daryl Gross, are ranked in the Top 25 making it one of the most successful, broad-based athletics programs in the country.

About IMG
IMG is a global leader in sports, fashion and media operating in more than 30 countries around the world. IMG’s businesses include Events & Media, College, Golf, Tennis, Performance and IMG Academy, Fashion, Models, Clients, Consulting, Licensing, Joint Ventures, and creative management agency Art + Commerce. In 2014, IMG was acquired by WME, the world’s leading entertainment and media agency. Together, the companies offer an unparalleled client roster; world-class partnerships with sponsors, brands and broadcasters; and marquee assets across entertainment, events and fashion.