NU, Corn Fed End Agreement
The following is a statement from Nebraska Athletic Director Tom Osborne regarding a licensing agreement with Corn Fed Apparel, Inc., whose founder and owner is Casey Martinez, the father of Taylor Martinez.
“The licensing relationship with Corn Fed began in the summer of 2007 before our football program had initiated any recruiting contact with Taylor and his family, or had any knowledge of Taylor as a prospective student-athlete. Corn Fed is a solid company which has demonstrated success in the apparel business, and has been a licensee not only of Nebraska, but several other schools around the country. There is nothing in the licensing agreement between the two parties that is in any way non-compliant with NCAA rules.
“We have recently learned that while Taylor Martinez has no ownership in Corn Fed Apparel, Inc., he is registered as the owner of the Corn Fed trademark, and also the CornFed.com domain name. Again, this arrangement does not violate any NCAA rules.
“However, because of the attention this agreement has caused, Casey Martinez recently initiated a conversation with Nebraska about ending the licensing relationship. Both parties agreed that it would be prudent to no longer have a licensing relationship between the University of Nebraska and Corn Fed. Both the Martinez family and the University of Nebraska feel this decision is best for all parties, and specifically in helping limit distractions for Taylor and the football program.”