stephanie: have you looked at how kevin plank is compensated every year?erik: $1.9 million in cash bond and $1.6 million in stock. stephanie: that is such a small percentage. he works in line with his employees on the same team, but he wants to remain the guy who calls the shots. erik: ownership problem is a problem of his own making. i don't know if shareholders should be the ones to pay for a problem he created. stephanie: or maybe the shareholders will say the stock -- erik: last time, google stock performance has been amazing and was nothing short of amazing leading up to 20136. when google tried to do this, it was approved by only 12% of shareholders. when they tried to ram it through, the shareholders sued them and google settled with them out of court. i just want to bring a little transparency and sunlight to the situation sure shareholders can act in an informed situation. stephanie: shareholders might do that or say what an incredible run this is. we want to stay on this train led by the guy that brought us here. erik: they can do that. stephanie

kevin plank's point is the stock has gone up 120% in the ten years, starting in 2005.pretty big case he's making here. >> very well-liked ceo. a number of us here speak to him on a somewhat regular basis. stock is loved on wall street. it's done incredibly well. does this change the way you view the stock and where it can go? >> no. and i'll tell you why. if you're a shareholder of under armour, not a trade, but if you actually invested in the company, you're basically invested in kevin plank. and you probably won't want three activists to get together and start calling the shots. if under armour misses earnings two quarters in a row, all of a sudden the stock drops and you have a situation where guys in connecticut are calling up other shareholders, oh, we think they should sell more women's clothes in the eastern region. and we think they should drop lacrosse because it's unprofitable. nobody that's a real shareholder wants to see something like that. in it could also be about perhaps he wants to make an acquisition in new stock. that would further delude himself. >>

. >> kevin plank, and i love him, he has to remember that he is up against the co-los sas. >> western europe was incredibly

kevin plank struck a deal with public shareholders.eal is i will create two classes of stocks so i can maintain control, but if i am certain point, a if my ownership stake is diluted down to a certain point that i run the risk and may lose control of the company, because in order to realize gains personally from selling stocks you have to take the super voting b shares and convert them to a shares and then sell those shares, that is what kevin plank has been doing. he has done this the past 18 months. sold almost $240 million of stock. these shares were not worth nearly as much when he was granted them. under armour stock has been a rocket ship to the moon. it appears to be a great company. he appears to be a great ceo. but why does he need to control the company? appears as great as he to be, no board would want to get rid of him? olivia: why would he need to create a whole new class of shares just to give himself the voting rights he gave up if corporate governance is actually -- erik: it is important to read the letter to shareholde

you hate this kind of staff but it's kevin plank's company. to started it and build it. n control? >> as long as investors want to go along with it the power of plank will continue. remember, this is what's been going on all along and gives him the kind of control -- there's part of us that we want to think, gee, it's happening now. does that mean we're like at sort of a peak and a maturity? >> it could be. here's the reason why people -- the pro and cons because we want to present both sides. con, of course like you said could be a sign of maturity or kevin plank has way too much power right now. >> it's his company. >> the other side of the story -- >> it's not his company, it's the shareholders' company. >> he built it in a dorm room. doesn't want someone coming in and taking it out from under him. i guess you could argue why they never go public. >> correct. if you look at the proportional amount of ownership he has it's around that 15%, 16% mark which means 85% of it is actually not his capital in the company whatsoever. he does have the creative vision, but the impo

i visited club companies, you name it and i met kevin plank, the ceo on my first visit there.armour in baltimore and had a nice talk with him. absolutely loved their brand, thought that it perfectly complimented mine. and they just took a chance. they wanted to take a risk. they trusted in me. in my goals. and they were the one company from the get-go that did so. and it was a dream come true for me. i loved wearing under armour anyway, ahead of time. i didn't have to change anything i was doing on course. i had the best stuff in the business and i was able to be with a lot of fun people. so it was an easy decision for me. we signed a deal you know, four-year deal and then instead, kind of ripped it up and resigned for ten years. and this off-season. which was also another dream come true for me. it's just been, what a year that i'll never forget. >> i hope you gave you stock along with cash. >> the details aren't released but i certainly, certainly look to help grow their brand as well. it's beneficial for both of us. >> we were hoping you would reveal those details here. how

those are the super voting shares that under armour has currently controlled by kevin plank who's theompany. in essence what's happening here is it's a two for one stock split of sorts but the new shares that all shareholders will get is this class c stock which has no voting power. so again, an interesting move here by under armour. per kevin plank in a letter to shareholders it's to maintain the founder-driven vision for what's happening with under armour. interesting move by under armour. new class of shares coming up traded on the new york stock exchange, kelly. back over to you guys. >> dom, thanks very much. dan, now i know we forgot under armour when we're talking about the structure of some of these companies like the googles of the world who have maintained a lot of power. >> on the one hand my initial reaction is if you want to maintain the owner-focused culture then don't go public. on the other hand there is a shareholder that is interested in being part of a company with this type of a vision and if you'ren't interested in it you can sell your share. >> just before we go

kevin plank doing nearly everything right.. >> nike did close today at an all-time high. it's doing very well. what under armour has to do is come up with a consumer business to match what it's doing in terms of sponsoring athletes. it has very small golf business. >> there is a trade? >> yes. both of them. nike and under armour. >> very good. thanks, dom. >> you're very welcome. >> time for a cnbc news update with sue herera. >> here is what's happening. south carolina governor nicky haley calling for the removal of the confederate flag at the state house. coming in a special news conference minutes ago. debate has been growing since last week's deadly rampage at an historic black church in charleston, south carolina. >> new details in the manhunt for two convicted killers in upstate new york. dna from both fugitives have been found in a cabin in owl's head about 20 miles from where they broke out of prison. >> new york senator charles schumer pushing for a consumer credit request alert system in an effort to fight identity t

you know i think the world of kevin plank, under armor, but there's more than enough room for both of these two men in this fast growing category. the most important thing about nike quarter it has legs which is why stock didn't come in at all. one word bravo! >>> we have a second day of love now that supreme court ended challenges to obamacare, these stocks remain on fire. that's where we start our game plan next week. he expect aetna to buy humana or anthem snaring cigna, we will know coming monday. despite what you hear about talks going well in greece and plan to extend negotiations i any it is all wrong. the greek government will only accept forgiveness on its loans, i think the talks continue because german chancellor keeps thinking the greek will see the down side to leaving the euro and rebooting the drop off. they want other countries to cut the debt load from $300 billion to $100 million if they don't get their forgiveness they will refault. they were voted in to repudiate more debt or go bust and it is going pretty good. apparently i have life lines from russian and china.

kevin plank solidified his control of under armour. the market reacted positively to it. time for them to buy lululemon. they could get it for 83 bucks. both lulu and under armour are up. everyone would love the combined company because they could take on nike. lulu had its real first good quarter in ages and the combined company would crush it in men's and women's athletic apparel and yoga clothes, both stocks would go much higher. i think hilton should buy starwood hotels. hilton up over 7% for the year. starwood has done nothing. that was viewed as a day late and dollar short. starwood has interim ceo adam aaron. with this deal hilton gets instant growth and its stock soars along with starwood. kellogg's stock has done nothing because it has few products millennials like. i think they need to buy white way foods and haines celestial. that's right both. because buying just one wouldn't be big enough to move the needle. you buy them both and have the fastest growing packaged food company out there. this is a ridiculous no-brainer it drives me crazy it hasn't happened. it

big news, kevin plank, the ceo sounds like has so much twisted the board, they have unanimously said share so kevin can maintain control. at a time when so many ceo's are spending their time spending off activist investors, under armour has made a statement, "we do not plan on doing that." brendan: when i was watching the premier league under armour has made big events is into the premier league. stephanie: they have got stephen curry. he is the nba right now. brendan: do not miss brian kelly, the point sky, joining erik and stephanie on "market makers or go do not forget our question of the day -- are capital controls the next step for greece? ♪ tom: and as we have done for seven years, the market moving up every sentence of a leader. in this case from athens, the leader from greece. mr. tsipras maybe some of that lost in translation. he addresses his parliaments, he addresses his people asked without question in the last 48 hours, the situation has unraveled. we say good morning to all of you particularly watching in greece and across europe as well. he is calming the markets ever

kevin plank has game. they are going to be big in china. he has a huge opportunity. rdan jordan -- has he identified himself with anybody wrong yet? how is kevin durant doing? >> not that great. >> my take away. >> he had a rough year injurywise. >> that's true. curry is exciting. >> he is. >> he makes the game exciting. >> he does. all right. opening bell is coming up. jason furman joining us on today's jobs report. a lot of stocks to watch. can it make a dentist appointment when my teeth are ready? ♪ ♪ can it track my crew's performance, and protect their heads? ♪ ♪ can it tell the flight attendant to please not wake me this time? ♪ ♪ at cognizant, we see opportunities for every company. to meet the new digital demands of their customers. can it process my insurance claim? like, right now? can it download a track while i'm sampling it? can my keys find me? with the power of digital, analytics and automation now every little "thing" can provide even greater value. ok, so can it tell the doctor how long you have to wear this thing? the answer is yes, it can. so, the q

. >> kevin plank, and i love him, he has to remember that he is up against the co-los sas. >> westernurope was incredibly strong. but they had money only to buy sneakers and they do. i was waiting for them to say that greece was good. >> and the margins are pretty good in sneakers. >> we try to explain that with my son, margin. he gets that. he doesn't care but he gets it. >> that's because you're paying. >> we're trying to pay that. >> you're no longer an atm? >> after the seventh pair you have to draw the line. >> if they can do it in the face of the dollar what's to say other people can't? >> they have a proprietary product. >> something that a ge or cisco. >> facebook could. there's a technology company that reported last night, and that is micron and there is a company that is technology which is not commodity and it is nike. i urge people to read through this conference call if they want to hear a well orchestrated play. this is the way it should be. it was a shakespeare comedy. >> it has three acts. >> it does? >> mark parker is olivia. he is. remember? >> i do actually. >> i t

kevin plank has done an incredible job putting these together. ed kevin durant they missed him because kevin spent most of the season on the shelf is the injury. underarm is hitting on all cylinders. stuart: i think you just moved the market from down to up as you were speaking. look at twitter please. it is trying to change the way you get your news letting you watch the live events you want to watch. i think this is a big deal, an attempt, turning it around from 34 to 35. >> hiring news editors to aggregate in his face and to you twitter is turning around, appealing to younger audience which obtains its news differently from people who are over 40. talbot but stuart: how about you? >> changing the live event experience. the problem with this project which is a great step forward is how do you monetize it? that is the problem all along. stuart: you make money off your twitter feed, don't you? >> i do and it helps me get his that many people but i agree with what we said earlier he couldn't handle the haters very well. they don't do a very good jo