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Related Party Transactions
3 Months Ended
Sep. 30, 2017
Related Party Transactions [Abstract]  
Related Party Transactions
Related Party Transactions
Effective January 2014, the Company commenced a partnership with Real Salt Lake of Major League Soccer, which includes the placement of the Company's logo on the front of the team’s jersey as well as strategic placement of the Company's logo around the stadium and on televised broadcasts of the games. In July 2015, Dell Loy Hansen, the sole owner of Real Salt Lake and Real Monarchs SLC, became a major stockholder of the Company. During the three months ended September 30, 2017, the Company paid $1.0 million to Real Salt Lake pursuant to the terms of this partnership, and other various amounts for the endorsement of Real Monarchs SLC and product marketing expenses. During fiscal year 2018, the Company will additionally pay approximately $3.0 million to Real Salt Lake pursuant to the terms of this partnership. During the three months ended September 30, 2016, no amounts were paid by the Company.
During the three months ended September 30, 2017, Gig Economy Group ("GEG") provided outsourced software application development services to the Company pursuant to an agreement entered into between the Company and GEG in the amount of $0.9 million. During the three months ended September 30, 2016, GEG did not provide services to the Company. David Toole, a member of the Company's board of directors, is a majority owner and an officer of GEG.