- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message

Will schools sign with other companies when Nike deals end?
Posted on 12/5/24 at 8:09 am
Posted on 12/5/24 at 8:09 am
Seems like making Nike richer actually hurts your program...if schools said no, Knight might end this crazy spending
Posted on 12/5/24 at 8:10 am to jrobic4
Is knight still affiliated with Nike financially? Does he still own stock or is he divested from it?
Posted on 12/5/24 at 8:15 am to jrobic4
Nike, Inc. is not filling Oregon's football coffers, Phil Knight is, and he's 86 years old. I expect his estate will continue to direct certain funds to Oregon football in some capacity per his instructions. But there's no reason to think the hyper aggressive football giving will continue when he's gone.
Posted on 12/5/24 at 8:18 am to Oilfieldbiology
quote:
Is knight still affiliated with Nike financially? Does he still own stock or is he divested from it?
He's an emeritus, non-voting member of the board and thats the extent of his current involvement. He and his son still own a large percentage of Nike's total shares. Like 20%+
And the answer is no, schools are going to take deals from whoever gives them the most money and kids want to wear.
Posted on 12/5/24 at 8:23 am to jrobic4
quote:
Seems like making Nike richer actually hurts your program
Nike literally pays the schools to wear its product. It's essentially just an advertisement.
Posted on 12/5/24 at 9:14 am to jrobic4
quote:
if schools said no, Knight might end this crazy spending
Phil Knight is 86 years old and worth $35 billion. He isn't worried about running out of money. And no, schools will not sign with other companies because of that.
Posted on 12/5/24 at 9:17 am to jrobic4
This is a great question. Ohio State has one of if not the most lucrative contract with Nike. The way Knight is spending money it might make sense to go in another direction. Why fuel the Knight spending?
Posted on 12/5/24 at 9:19 am to jrobic4
I've always wondered about this, but Nike pays the schools, and I doubt those dollars can be replaced.
Posted on 12/5/24 at 9:23 am to jrobic4
Probably less to do with the schools contract with Nike since the money is going the other way. The fans need to stop buying Nike products.
Posted on 12/5/24 at 9:32 am to jrobic4
Schools will sign with whichever company offers the most money. Which is usually Nike.
Posted on 12/5/24 at 10:07 am to LSBoosie
I agree with you, but I wonder if he has created trusts that will fund Oregon athletics and US track and field in perpetuity.
That is the type of thing that a neutral corporate executive wouldn’t do, once Knight has passed away.
However, he has so much money and clearly cares very much about those two entities.
That is the type of thing that a neutral corporate executive wouldn’t do, once Knight has passed away.
However, he has so much money and clearly cares very much about those two entities.
Posted on 12/5/24 at 1:14 pm to Oilfieldbiology
quote:
Is knight still affiliated with Nike financially? Does he still own stock or is he divested from it?
He still owns 17.4%. He no longer has voting rights on the board.
Popular
Back to top
8







