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
![Retro Awesomeville on Twitter: "Spencer Haywood was approached by Nike in its early days to promote the brand's sneakers. The offer was $100,000 or 10 percent ownership in the company... He took Retro Awesomeville on Twitter: "Spencer Haywood was approached by Nike in its early days to promote the brand's sneakers. The offer was $100,000 or 10 percent ownership in the company... He took](https://pbs.twimg.com/media/EuQ54diXEAM-mNZ.jpg)
Retro Awesomeville on Twitter: "Spencer Haywood was approached by Nike in its early days to promote the brand's sneakers. The offer was $100,000 or 10 percent ownership in the company... He took
![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](https://preview.redd.it/0sj5fm1phue31.jpg?width=640&crop=smart&auto=webp&s=4c3084620ee1d7154f620fcb3065474ebb0357c2)
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
![Woody Paige: Nuggets should invite Spencer Haywood back next season for the MVP presentation to Jokic | Denver-gazette | gazette.com Woody Paige: Nuggets should invite Spencer Haywood back next season for the MVP presentation to Jokic | Denver-gazette | gazette.com](https://bloximages.newyork1.vip.townnews.com/gazette.com/content/tncms/assets/v3/editorial/2/4b/24be5b6e-a543-11eb-951d-47fe2ca6bb57/5bd0f15b3a96e.image.jpg?resize=409%2C500)
Woody Paige: Nuggets should invite Spencer Haywood back next season for the MVP presentation to Jokic | Denver-gazette | gazette.com
![Woody Paige: Nuggets should invite Spencer Haywood back next season for the MVP presentation to Jokic | Denver-gazette | gazette.com Woody Paige: Nuggets should invite Spencer Haywood back next season for the MVP presentation to Jokic | Denver-gazette | gazette.com](https://bloximages.newyork1.vip.townnews.com/gazette.com/content/tncms/assets/v3/editorial/4/b8/4b869658-a543-11eb-8b61-331af6ea1df0/6083929553da0.image.jpg?resize=1024%2C1536)
Woody Paige: Nuggets should invite Spencer Haywood back next season for the MVP presentation to Jokic | Denver-gazette | gazette.com
![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](https://vz.cnwimg.com/thumb-300x240/wp-content/uploads/2020/12/GettyImages-93243663.jpg)
Would You Rather Have $100k Or Own 10% Of Nike? This NBA Player Chose... Poorly. | Celebrity Net Worth
Open Court - In 1973, Spencer Haywood had a choice of contract. He could choose between $100,000 or 10% of Nike. Haywood took the $100k. Today, that 10% is worth $12.4 billion dollars. 👀 - Drew | Facebook
![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](https://pbs.twimg.com/media/EE2VgjNXoAUyfjl.jpg)
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
![Spencer Haywood New York Knicks Autographed 8'' x 10'' Shooting Photograph with "HOF 15" Inscription Spencer Haywood New York Knicks Autographed 8'' x 10'' Shooting Photograph with "HOF 15" Inscription](https://ansel.frgimages.com/FFImage/thumb.aspx?i=/productimages/_2236000/ff_2236170_full.jpg)
Spencer Haywood New York Knicks Autographed 8'' x 10'' Shooting Photograph with "HOF 15" Inscription
![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](https://vz.cnwimg.com/thumb-300x240/wp-content/uploads/2014/06/sam.jpg)