Under Armour Supports Athletes and the American Flag

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By Douglas A. McIntyre Updated Published
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Under Armour Supports Athletes and the American Flag

© Wikimedia Commons (Marco Verch)

Under Armour (NYSE: UA) tweeted that it supports athletes who have sat or kneeled during the National Anthem. It also says it supports the flag, which is a symbol of what the athletes have protested, which among other things is free speech. It is a clever way for the company to try to have its cake and eat it, too by taking a portion of both sides of the argument. In the meantime, it also exposes Under Armour to criticism about the statement.

The tweet read:

@UnderArmour stands for the flag and by our Athletes for free speech, expression and a unified America.

Does Under Armour stand by athletes which are not among its endorsement team?  Does “Athletes” mean all athletes of just some? The tweeted statement shows the limits of the use of Twitter.

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The use of Twitter by Under Armour as a public relations tool for management to make this kind of statement about the company’s philosophy is rare. Almost every tweet by @UnderArmour is about the company’s athletes or products.

Perhaps Under Armour management believed it had to get into the fray because the battles suddenly include not only President Trump who attacked the protests and what he sees as disrespect for the country and a growing number of athletes who have attacked Trump in return. Under Armour is, after all, nothing but a set of endorsements and athletic apparel. Among those was from basketball great Stephen Curry who said, according to The Washington Post:

Among athletes who have made direct statements was basketball great Stephen Curry who said, according to The Washington Post:

“It’s surreal, to be honest,” Curry said after that practice had concluded at the team’s facility in downtown Oakland. “I don’t know why he feels the need to target certain individuals, rather than others.

“I have an idea of why, but it’s kind of beneath a leader of a country to go that route. That’s not what leaders do.”

Under Armour might have been better off to stay silent, even if its statements on Twitter are an accurate reflection of what its board and management believe. The company has put itself in the midst of what has been an ugly fight, and as such has now become part of the fight itself.

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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