Basketball title helps UNC boost merchandise sales
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Posted 5:47AM on Friday, June 3, 2005
RALEIGH, N.C. (AP) North Carolina has apparently reversed a slump in merchandise sales by winning the national men's basketball championship.<br>
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Since the Tar Heels beat Illinois 75-70 for the title in April, fans have clamored for hats, T-shirts and other items. The money goes into the school's general scholarship fund and its athletics budget.<br>
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Sales for through March had dropped about 20 percent compared to the same period a year ago before North Carolina won the title.<br>
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James Parker, a representative for Collegiate Licensing Company in Atlanta, which monitors sales for NCAA schools, said the final numbers won't be available until later this summer.<br>
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But he added: ``The feedback has been positive. The retailers are absolutely thrilled with the sales.''<br>
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Chapel Hill Sportswear manager Holly Dedmond said her staff worked as long as 16 hours a day for several weeks trying to fill orders.<br>
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The biggest sellers have been the NCAA championship hats and replicas of the Nike locker-room national championship T-shirts the Carolina players wore during the night they won the title.<br>
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North Carolina has led, or ranked among the leaders, in collegiate athletic apparel and souvenir sales for several years.<br>
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Derek Lochbaum, director of licensing at UNC, said that net revenue from 2003-04 totaled $3.4 million. Seventy-five percent of that went to the university's general scholarship fund. The remaining 25 percent has been used to support the athletic department's $43 million budget.<br>
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Norwood Teague, UNC's associate athletics director for marketing and promotions, estimates that athletics also could get an additional $100,000 from sales of a basketball book and a DVD video produced by the athletics department that provides a behind-the-scenes look at the 2004-2005 championship season.<br>
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Information from: The News Observer, http://www.newsobserver.com<br>
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(Copyright 2005 by The Associated Press. All Rights Reserved.)