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Andrew Petcash on Twitter: "6) Nike became the most valuable apparel  company in the world. If Haywood's agent wouldn't have sold the 10% stake...  It would have been worth over $2.8B today.
Andrew Petcash on Twitter: "6) Nike became the most valuable apparel company in the world. If Haywood's agent wouldn't have sold the 10% stake... It would have been worth over $2.8B today.

TIL basketball star Spencer Haywood chose $100k up front over a 10% stake  in then young company Nike for endorsing their shoes. Today that 10% would  be worth more than 8 billion
TIL basketball star Spencer Haywood chose $100k up front over a 10% stake in then young company Nike for endorsing their shoes. Today that 10% would be worth more than 8 billion

Agent had Spencer Haywood turn down 10 percent ownership stake in Nike |  FOX Sports
Agent had Spencer Haywood turn down 10 percent ownership stake in Nike | FOX Sports

Isaac M. Cooper on Twitter: "(1): $100,000 Cash as lumpsum ($565,000 today)  or (2): 10% Ownership stake in Nike. Spencer Haywood was leaning towards  the 10% equity deal but was persuaded by
Isaac M. Cooper on Twitter: "(1): $100,000 Cash as lumpsum ($565,000 today) or (2): 10% Ownership stake in Nike. Spencer Haywood was leaning towards the 10% equity deal but was persuaded by

Andrew Petcash on Twitter: "6) Nike became the most valuable apparel  company in the world. If Haywood's agent wouldn't have sold the 10% stake...  It would have been worth over $2.8B today.
Andrew Petcash on Twitter: "6) Nike became the most valuable apparel company in the world. If Haywood's agent wouldn't have sold the 10% stake... It would have been worth over $2.8B today.

Andrew Petcash on Twitter: "6) Nike became the most valuable apparel  company in the world. If Haywood's agent wouldn't have sold the 10% stake...  It would have been worth over $2.8B today.
Andrew Petcash on Twitter: "6) Nike became the most valuable apparel company in the world. If Haywood's agent wouldn't have sold the 10% stake... It would have been worth over $2.8B today.

Full Court: The Spencer Haywood Story - The Shadow League
Full Court: The Spencer Haywood Story - The Shadow League

An NBA Hall-of-Famer Could Have Owned $12 Billion Worth Of Nike... Instead  He Chose $100K :( | Celebrity Net Worth
An NBA Hall-of-Famer Could Have Owned $12 Billion Worth Of Nike... Instead He Chose $100K :( | Celebrity Net Worth

An NBA Legend Turned Down 10 Percent of Nike for $100,000 | Sole Collector
An NBA Legend Turned Down 10 Percent of Nike for $100,000 | Sole Collector

How did Spencer Haywood miss out on 8 BILLION DOLLARS from Nike??  #Mickstape - YouTube
How did Spencer Haywood miss out on 8 BILLION DOLLARS from Nike?? #Mickstape - YouTube

SuperSonics Spencer Haywood chose $100,000 upfront over a 10% stake in Nike.  Had he accepted the original offer, his holdings in Nike would be worth a  whopping $8.62 billion : r/nba
SuperSonics Spencer Haywood chose $100,000 upfront over a 10% stake in Nike. Had he accepted the original offer, his holdings in Nike would be worth a whopping $8.62 billion : r/nba

Spencer Haywood and the Nike deal that could have turned out so much better  - The Boston Globe
Spencer Haywood and the Nike deal that could have turned out so much better - The Boston Globe

Andrew Petcash on Twitter: "6) Nike became the most valuable apparel  company in the world. If Haywood's agent wouldn't have sold the 10% stake...  It would have been worth over $2.8B today.
Andrew Petcash on Twitter: "6) Nike became the most valuable apparel company in the world. If Haywood's agent wouldn't have sold the 10% stake... It would have been worth over $2.8B today.

How Spencer Haywood Almost Became Basketball's First Billionaire
How Spencer Haywood Almost Became Basketball's First Billionaire

Former NBA great Spencer Haywood can relate to the risk NFL coach Brian  Flores is taking - The Boston Globe
Former NBA great Spencer Haywood can relate to the risk NFL coach Brian Flores is taking - The Boston Globe

Spencer Haywood's Agent Told Him To Turn Down A 10% Stake In Nike
Spencer Haywood's Agent Told Him To Turn Down A 10% Stake In Nike

Agent had Spencer Haywood turn down 10 percent ownership stake in Nike |  FOX Sports
Agent had Spencer Haywood turn down 10 percent ownership stake in Nike | FOX Sports

Spencer Haywood and the Nike deal that could have turned out so much better  - The Boston Globe
Spencer Haywood and the Nike deal that could have turned out so much better - The Boston Globe

Would You Rather Have $100k Or Own 10% Of Nike? This NBA Player Chose...  Poorly. | Celebrity Net Worth
Would You Rather Have $100k Or Own 10% Of Nike? This NBA Player Chose... Poorly. | Celebrity Net Worth

Would You Rather Have $100k Or Own 10% Of Nike? This NBA Player Chose...  Poorly. | Celebrity Net Worth
Would You Rather Have $100k Or Own 10% Of Nike? This NBA Player Chose... Poorly. | Celebrity Net Worth

Spencer Haywood and Magic Johnson are the main powers
Spencer Haywood and Magic Johnson are the main powers

Red Pillar - Don't be Spencer.... Repost from @rashadbilal Phil Knight  started a running shoe company in 1965 called “Blue Ribbon Sports”. In 1971  Blue Ribbon renamed itself after the Greek goddess
Red Pillar - Don't be Spencer.... Repost from @rashadbilal Phil Knight started a running shoe company in 1965 called “Blue Ribbon Sports”. In 1971 Blue Ribbon renamed itself after the Greek goddess

How Spencer Haywood Almost Became Basketball's First Billionaire
How Spencer Haywood Almost Became Basketball's First Billionaire

How Spencer Haywood Changed the Game Forever
How Spencer Haywood Changed the Game Forever

Spencer Haywood Missed A Chance To Earn Over $2.8 Billion With Nike Because  His Agent Made A Mistake - Fadeaway World
Spencer Haywood Missed A Chance To Earn Over $2.8 Billion With Nike Because His Agent Made A Mistake - Fadeaway World