The company said that the 10-year agreement will give it exclusive rights in the mass and mid-tier retail channels to develop collections of fan apparel.
The company said it will design, manufacture and distribute fan apparel for men, women, unisex, youth, infants and toddlers.
Financial terms of the partnership were not disclosed.
Shares rose 1.7% in premarket trading.
Price: 10.33, Change: +0.17, Percent Change: +1.67