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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Former Member
It would seem really odd to me if Phelps won eight gold medals wearing Speedo suits, while the high profile Nike athletes abandoned Nike's products for Speedo suits, but by paying Phelps a lot of money Nike was able to get people to prefer Nike suits over Speedo suits. A strange world indeed. :shakeshead:
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Former Member
It would seem really odd to me if Phelps won eight gold medals wearing Speedo suits, while the high profile Nike athletes abandoned Nike's products for Speedo suits, but by paying Phelps a lot of money Nike was able to get people to prefer Nike suits over Speedo suits. A strange world indeed. :shakeshead:
