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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

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

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

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

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

Michael Jordan's $5 billion brand with Nike wouldn't have existed if Spencer  Haywood and Magic Johnson signed on! - The SportsRush
Michael Jordan's $5 billion brand with Nike wouldn't have existed if Spencer Haywood and Magic Johnson signed on! - The SportsRush

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

Spencer Haywood: Nike offered me 10 per cent stake | news.com.au —  Australia's leading news site
Spencer Haywood: Nike offered me 10 per cent stake | news.com.au — Australia's leading news site

The Spencer Haywood story continues: Only one regret – Minnesota  Spokesman-Recorder
The Spencer Haywood story continues: Only one regret – Minnesota Spokesman-Recorder

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

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 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

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

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

Spencer Haywood Net Worth | Celebrity Net Worth
Spencer Haywood Net Worth | Celebrity Net Worth

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

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

Former star Spencer Haywood turned down 10% of Nike for $100,000 : r/nba
Former star Spencer Haywood turned down 10% of Nike for $100,000 : r/nba

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

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

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

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

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