News from Michael O Johnson dated 17 March....
"Exciting news - today we held a press conference with MLS Cup Champion LA Galaxy to announce a record 10-year extension to our agreement, continuing as the team’s official presenting sponsor and official jersey sponsor. This is the single largest and longest sponsorship agreement for an MLS club in league history, running through the 2022 MLS season, and is valued at over $44 million."
"We will also remain the Galaxy’s official and exclusive nutrition partner, with all of our products available to the club’s players and coaching staff."
"There’s another part of this agreement very dear to all of our hearts - making our communities better places to live and work. As part of the agreement, $2.5 million will go towards supporting charitable efforts between the Los Angeles Galaxy Foundation and the Herbalife Family Foundation to benefit vulnerable and underserved children. To launch this initiative, we announced a joint program benefiting Children’s Institute, Inc. (CII), which will see the organization receive a $1 million donation over the next 10 years to support fitness and nutrition programs at a new facility CII is planning in Los Angeles. Until then, players from the Galaxy, Herbalife Independent Distributors and employees from both organizations will provide volunteer support to other CII locations in Los Angeles."
"The LA Galaxy have been a terrific partner in helping to build our brand, creating much awareness for the sport and our company around the world through their international games."