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	<title>March Madness trademark &#8211; American Business Blog</title>
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		<title>NCAA locks in the &#8220;March Madness&#8221; trademark</title>
		<link>https://www.americanbusinessblog.com/2011/05/11/ncaa-locks-in-the-march-madness-trademark/</link>
		
		<dc:creator><![CDATA[Staff]]></dc:creator>
		<pubDate>Wed, 11 May 2011 17:06:06 +0000</pubDate>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[General Business]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[business of college sports]]></category>
		<category><![CDATA[college football playoff]]></category>
		<category><![CDATA[college sports]]></category>
		<category><![CDATA[college sports scandals]]></category>
		<category><![CDATA[March Madness]]></category>
		<category><![CDATA[March Madness trademark]]></category>
		<category><![CDATA[money in college sports]]></category>
		<category><![CDATA[NCAA]]></category>
		<category><![CDATA[NCAA trademarks]]></category>
		<category><![CDATA[protecting trademarks]]></category>
		<category><![CDATA[sports business]]></category>
		<category><![CDATA[sports memorabilia]]></category>
		<category><![CDATA[trademarks]]></category>
		<guid isPermaLink="false">https://www.americanbusinessblog.com/?p=109</guid>

					<description><![CDATA[The Kentucky Wildcats hold up the Eastern Regional Championship Trophy after the game against the North Carolina Tar Heels at the NCAA East Regional Round of 8 game at the Prudential Center in Newark, New Jersey on March 27, 2011. Kentucky defeated North Carolina 76-69 and advance to the NCAA Final Four. UPI/John Angelillo The [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="display:none">The Kentucky Wildcats hold up the Eastern Regional Championship Trophy after the game against the North Carolina Tar Heels at the NCAA East Regional Round of 8 game at the Prudential Center in Newark, New Jersey on March 27, 2011. Kentucky defeated North Carolina 76-69 and advance to the NCAA Final Four.  UPI/John Angelillo</div>
<div style="float: center; margin: 5px 5px 5px 5px;"> <script type="text/javascript" src="http://fotoglif.com/embed/Embed.js?imagehash=8m6kfx52v0fk&#038;pubhash=3vv4ph6bqge8&#038;creator=John Angelillo%2FUPI%2FFotoglif&#038;width=468"></script> </div>
<p>The NCAA recently made moves to <a href="http://www.usatoday.com/sports/college/mensbasketball/2011-05-10-march-madness_N.htm?loc=interstitialskip" target="_blank">lock in rights</a> for its &#8220;March Madness&#8221; trademark.</p>
<blockquote><p>Quietly last October, the association paid $17.2 million to sports and entertainment marketer Intersport to stop using the term &#8220;March Madness,&#8221; which has been attached to the NCAA&#8217;s Division I men&#8217;s basketball tournament since the 1980s.</p>
<p>The settlement, spelled out in financial statements but unbeknown to most in the member schools and conferences, gives it sole ownership of a trademark that has been the subject of several legal disputes and challenges over the years. While large on its face, the eight-figure amount accounts for less than 2½% of the association&#8217;s $700 million-plus budget.</p></blockquote>
<p>It&#8217;s another story about the business of college sports, coming at a time when we&#8217;re seeing scandal after scandal, mostly revolving around improper benefits like tattoos for memorabilia.</p>
<p>Meanwhile, the Justice Department is asking why there isn&#8217;t a <a href="http://www.scoresreport.com/2011/05/05/justice-department-to-ncaa-why-is-there-no-playoff-system-in-football/" target="_blank">playoff system in college football</a>.</p>
<p>The entire issue of money and college athletics will be front and center for the foreseeable future.  </p>
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