Phil Knight
Opportunity
NIKE was created on January 25, 1964. Although, it was called Blue Ribbon Sports when it was first created. The name was changed to Nike in 1971. The founders of Nike are Phil Knight and Bill Bowerman.
Bill Bowerman
Nike was created from Bill Bowerman's idea to make lighter, and more durable shoes made for racing. Phil Knight's inspiration for Nike was due to his love for sports and finding a way of living from his love for sports.
Signature Athletes is a program at Nike for athletes in a variety of different sports. An example of this could be Bo Jackson.
In 1984, popular basketball player Michael Jordan, signed a 2.5 million dollar deal with Nike. This resulted in the shoe, Air Jordan's. The shoe was released on April 1985 with a goal to make 3 million in 3 years, but they made 126 million in one. Nowadays, the Air Jordan brand has expanded to everything from clothing to water bottles.
Nike's mercurial dream speed was designed by and sponsered by famous football/soccer player, Christiano Ronaldo. Now, these shoes are worn by, Kylian Mbappe, Sam Kerr, and much more. Christiano Ronaldo makes 24+ million dollars every year just from his Nike contract.
Nike's goal is, "To bring inspiration and innovation to every athlete* in the world" and that "*If you have a body, you are an athlete." showing that everyone can be an athlete if enough effort is put in.
Mercurial dream speed. Nike.com. (n.d.). https://www.nike.com/soccer/mercurial-dream-speed
Forbes Magazine. (n.d.). Phil Knight & Family. Forbes. https://www.forbes.com/profile/phil-knight/?sh=4211cfda1dcb
Chcom. (2020, November 19). Nike. CompaniesHistory.com - The largest companies and brands in the world. https://www.companieshistory.com/nike/
Wikimedia Foundation. (2023, May 17). Air Jordan. Wikipedia. https://en.wikipedia.org/wiki/Air_Jordan
$500 million worth Cristiano Ronaldo earns $24 million per year from Nike but falls short from Lebron James and Michael Jordan’s billionaire status. EssentiallySports. (2022, December 17). https://www.essentiallysports.com/soccer-football-nba-news-500-million-worth-cristiano-ronaldo-earns-24-million-per-year-from-nike-but-falls-short-from-lebron-james-and-michael-jordans-billionaire-status/
Get help. What Is Nike’s Mission? | Nike Help. (n.d.). https://www.nike.com/help/a/nikeinc-mission