Wheat Wrote WHAT?!

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November 26th, 2007 at 15:58 pm

The NFL & NeedleArts

When you read as many NeedleArts related groups as I do, hardly a week goes by that someone is not looking for instructions related to a “licensed” logo they want to use in an afghan or a pillow or any other number of useful things to decorate the TV room of devoted team fans.

The NFL & MLB have a web site set up JUST to give out preliminary licensing info, including if you don’t have $100,000 to hand over up front for the minimum first year royalties, do not even submit an application.

Here’s the excerpt that proves yet again, if you have to ask the price, you probably can’t afford it

2. Minimum Requirements. In order for your unsolicited proposal to be considered for the NFLP licensing program, your company MUST: …

c. Have the ability to pay 100% of minimum royalty guarantee upon execution of a license agreement (typically about $100,000 per year) and be able to generate sales sufficient to meet the minimum royalty guarantee on a yearly basis;

d. Maintain from a licensed and admitted insurance carrier with a rating not less than A-VIII from an A.M. Best-rated insurance company a Comprehensive Commercial General Liability policy in an amount of Three Million Dollars ($3,000,000.00) per occurrence and Six Million Dollars ($6,000,000.00) in the aggregate; and

Probably explains why there are no “team” needlework patterns & charts “in print”

I doubt we could sell enough before some of Robin Hood Rationalizers had them copied and “Mulitplied” throughout the internet.

4
  • 1

    One would think that people would learn how to make their own charts…..

    lizziek8 on November 27th, 2007
  • 2

    Wheat Said:
    “I doubt we could sell enough before some of Robin Hood Rationalizers had them copied and “Mulitplied” throughout the internet.”

    I think it’s already too late. I’ve already seen multiple patterns for every popular NY area team.

    A classic example of not understanding what your real business is.

    John

    yogibeaty on November 27th, 2007
  • 3

    Do you know if you buy the fleece with teams printed on it, you can not sell whatever you make with it. If you bought team colors and made something with it, you could (conceivably) sell it
    I’m not a sports fan, but I’d do something for a few of the sports fans in my life. But pay that kind of money, they are _nuts_

    blazelaflame on November 27th, 2007
  • 4

    What is the Robin Hood rationalization?

    LCC on December 2nd, 2007

 

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