...Furthermore, the California Civil Code permits oral contracts, except where the Civil Code specifically requires a written contract. ... Therefore, the terms of an unsigned contract may be enforceable against a party depending on the circumstances.
It's unclear whether Cal's deal is similar to UCLA, but some notable items from UCLA's contract:
- UCLA's contract was between Under Armour and the Regents of the University of California, by and on behalf of UCLA Athletics
- UCLA Athletic Director Dan Guerrero and UCLA Administrative Vice Chancellor Michael Beck signed on behalf of UCLA
- Kevin Plank, the CEO, signed for Under Armour
- The Controlling Law is California
UA also sponsors Notre Dame, so I doubt Cal and UCla are their two biggest deals....
Wasn't Cal paying Cuonzo Martin without signing a contract for like two years too?
Wait, WHAT
jfc. someone who works for the university must have had the authority to sign such an agreement. This makes no sense to me, from either side.
Not a lawyer but...
...Furthermore, the California Civil Code permits oral contracts, except where the Civil Code specifically requires a written contract. ... Therefore, the terms of an unsigned contract may be enforceable against a party depending on the circumstances.
This is pretty bizarre. I'm don't know much about such legal things, but what's the advantage to not signing a deal like this?