On the front page of today’s WSJ – speculation that Phelps could sign with Nike now that his Speedo contract is about up.
A sports mgmt professor suggested a bidding war could take place, and that he could be worth upwards of $50M to Nike (don’t know whether that would be what they’d offer him or what they’d make because of him), but his quote is “he could literally allow them to launch a massive swimwear company.” Imagine...
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Lebron in Kobe showed up at finals sitting next to each other for a reason. Just their presence makes it seem that Nike is courting Phelps. This will be anwered soon: If Nike buys blue70 they will also sign Phelps.
$50M? Wow. Dolan got 3 years / $3M.
Nike may buy Blue Seventy?
Lebron in Kobe showed up at finals sitting next to each other for a reason. Just their presence makes it seem that Nike is courting Phelps. This will be anwered soon: If Nike buys blue70 they will also sign Phelps.
$50M? Wow. Dolan got 3 years / $3M.
Nike may buy Blue Seventy?