Rokit Rokit, a company specializing in mobile phones and alcohol, went on a spending spree in the athletics sponsorship space. This included a $60 million 10-year sponsorship of the Las Vegas Raiders that made them the official phone of the franchise and got them naming rights to the club inside their stadium, a $40 million four-year deal with the Houston Rockets, a $3.22 million two-year deal with the Chargers and an $81.84 million five-year deal with Williams Racing, a Formula 1 team. The issue? Seems like the money ran out, and Rokit’s companies have been hit with a wave of bankruptcies as they owe sports teams a ton of money, according to court documents. That includes unsecured claims of $1.97 million owed to the Raiders, $11.23 million to the Rockets, £7 million to Manchester United and £14.5 million to Williams. Daniel Libit and Eben Novy-Williams, Sportico
Rockets and Rokit were made for each other, logo was perfect. Credit karma seems very funny on several levels, most obvious in the lack of incorporating it properly into the colour scheme of the jerseys. Surprised how terrible the logo looks, literally a cheap manufactured patch.
