Feb 25, 2016

At $700 million, Stanford boasts world's biggest scholarship program

Nike co-founder Phil Knight is donating $400 million to Stanford University to help create the largest fully endowed scholarship in the world with the goal of preparing a new generation of global leaders, university officials said Wednesday. With Knight’s gift and donations from alumni ...

Feb 18, 2016

Nike cuts ties with boxer Pacquiao

Manny Pacquiao’s comments disparaging gays have cost him his contract with apparel giant Nike. The company issued a release Wednesday saying it has dropped the Filipino boxer after he was quoted as saying gay people “are worse than animals.” Nike called Pacquiao’s comments “abhorrent” ...

Dec 8, 2015

LeBron signs lifetime deal with Nike

LeBron James has a contract with Nike that will last long after he hangs up his sneakers. The NBA megastar has signed a lifetime endorsement deal with the athletic apparel giant, a deal which extends a partnership James began with Nike before he graduated ...

Nov 27, 2015

IAAF chief Coe ends ties with Nike

Speaking after an IAAF Council meeting on Thursday, Sebastian Coe stepped down from his lucrative ambassadorial role for Nike over what some people dubbed as a conflict of interest, notably over the award of the 2021 world championships to Eugene, located in the same ...

Oct 23, 2015

Nike store to sell only Jordan merchandise

Nike is opening a Michael Jordan-only store in Chicago’s Loop this weekend. The new Jordan Brand store opens Saturday. The Chicago Tribune reported it will sell merchandise with the trademarked Michael Jordan “Jumpman” silhouette. Nike also plans stores in New York, Los Angeles and ...

Oct 22, 2015

University of Texas locks up 15-year deal with Nike

Texas has reached a new 15-year equipment, licensing and apparel deal with Nike Inc., sticking with the company that has put its brand on Longhorns jerseys since 2000, a person with knowledge of the negotiations told The Associated Press on Wednesday. The deal is ...

Symmonds won't compete for Team USA at worlds

Aug 11, 2015

Symmonds won't compete for Team USA at worlds

Nick Symmonds’ next destination? A fishing hole somewhere far away from the finish line in Beijing. As other runners wrap up their preparation for the upcoming IAAF World Athletics Championships, Symmonds plans to retreat into nature seeking solitude after being left off the U.S. ...

Jun 11, 2015

Nike lands NBA's uniform contract

The NBA says Nike will become the league’s official uniform provider beginning with the 2017-18 season. The league announced Wednesday it had agreed on an eight-year deal with Nike, which will become the first apparel partner to have its logo appear on NBA uniforms. ...