Category Archives: Nike
The New York Times on the economic and financial impact of local hero LeBron James’ return to Cleveland and NE Ohio:
When LeBron James announced his return to the Cleveland Cavaliers in July, fans celebrated by hanging banners, getting drunk and digging old jerseys out of purgatory. They ran into the streets, honked horns and hugged strangers. And some of them started trying to figure out just how much money was about to rain down on Cleveland. According to one estimate, the return of the “king,” as James is known, will add $500 million a year to the city’s economy. “When people say this is just about an athlete making money, there’s more to it than that,” said Edward FitzGerald, the Cuyahoga County executive, at a news conference devoted to the anticipated windfall. “Other people will make a living.”
James is certainly a good investment for the Cavaliers, who will probably cover his $20.6 million salary just from increased ticket sales. The last season James played in Cleveland, after all, the Cavs sold every available regular-season seat at an average price of $55.95, earning about $47 million. Last season, the Cavaliers sold just 84 percent at an average price of just $43.31, for a decline of $16 million. This year, season tickets sold out the day James announced his return, and demand is so overwhelming that the team is raffling the remaining single-game tickets so that everyone in Cleveland has a fair chance. Read the rest of this entry
(Video) preview of Showtime’s upcoming fall 2014 documentary; “Kobe Bryant’s Muse”, directed by Gotham Chopra:
Team USA: Paul George’s Knee Fracture During USA Basketball Sidelines Pacers Star And Stuns Entire NBA Community
Pacers star Paul George breaks his right leg during Team USA scrimmage; will miss all of ’14-15 NBA season rehabbing injury while USA Basketball and his Pacers are now forced to regroup:
LAS VEGAS (AP) — Indiana Pacers All-Star Paul George on Saturday underwent successful surgery on his broken right leg and is expected to remain in the hospital for about three days. The 6-foot-9 George had an operation at Sunrise Hospital to repair the open tibia-fibula fracture, USA Basketball said in a statement early Saturday morning. Dr. David Silverberg, Dr. Joseph Yu and USA Basketball team physician Riley Williams, were present for the surgery, the release said.
George suffered the gruesome right leg injury late in the U.S. national team’s intrasquad scrimmage Friday night. He leaped to contest a fast-break layup by James Harden with 9:33 left in the fourth quarter and his leg smashed against the bottom of the backboard stanchion and crumpled. Trainers immediately ran onto the floor and after roughly 10 minutes of stoppage, George was taken out of the arena on a stretcher. With players looking visibly upset, coach Mike Krzyzewski then announced to the crowd that the scrimmage would not be finished out of respect to George and his family. Read the rest of this entry
Sports Business: The latest Brand Jordan signature sneaker, the Jordan 29, unveiled in New York, set to hit stores in September:
Via Jeffrey Martin
Beaverton, Ore. – Tinker Hatfield is discussing his latest creation, the Air Jordan XX9, and he wishes there were a fancier origin story, something more romantic about the lightest shoe in the line. He has designed 19 versions of Nike’s most iconic shoe, drawing inspiration from motorcycles, race cars and airplanes.
Now, he’s tasked with topping himself.
He, like Nike and subsidiary Jordan Brand, is competing against an incredibly popular and lucrative past. But the challenge is to create something as equally enduring for the future.
“I was literally thinking about designing more and more with computer technology in mind and I was thinking about pixels,” Hatfield told USA TODAY Sports. “High-definition? Sort of, yeah.”
The XX9, introduced Thursday in New York City, features 25 million pixels on its performance woven upper. It’s crafted by Italian artisans using a two-headed jacquard weaving machine normally for high-quality labels or silk neckties — definitely not shoes. It goes beyond appearance, however. From a structural standpoint, each pixel has a specific function and reason for being.
Wright Thompson with an inside private look at the life of Bobcats owner Michael Jordan at the age of 50:
CHARLOTTE, N.C. — Five weeks before his 50th birthday, Michael Jordan sits behind his desk, overlooking a parking garage in downtown Charlotte. The cell phone in front of him buzzes with potential trades and league proposals about placing ads on jerseys. A rival wants his best players and wants to give him nothing in return. Jordan bristles. He holds a Cuban cigar in his hand. Smoking is allowed.
“Well, s—, being as I own the building,” he says, laughing.
Back in the office after his vacation on a 154-foot rented yacht named Mister Terrible, he feels that relaxation slipping away. He feels pulled inward, toward his own most valuable and destructive traits. Slights roll through his mind, eating at him: worst record ever, can’t build a team, absentee landlord. Jordan reads the things written about him, the fuel arriving in a packet of clips his staff prepares. He knows what people say. He needs to know, a needle for a hungry vein. There’s a palpable simmering whenever you’re around Jordan, as if Air Jordan is still in there, churning, trying to escape. It must be strange to be locked in combat with the ghost of your former self.
Smoke curls off the cigar. He wears slacks and a plain white dress shirt, monogrammed on the sleeve in white, understated. An ID badge hangs from one of those zip line cords on his belt, with his name on the bottom: Michael Jordan, just in case anyone didn’t recognize the owner of a struggling franchise who in another life was the touchstone for a generation. There’s a shudder in every child of the ’80s and ’90s who does the math and realizes that Michael Jordan is turning 50. Read the rest of this entry
Nike takes over from Reebok as official NFL licensed uniform and team merchandise supplier; what it all means for teams and fans:
Via Paul Lukas of ESPN Playbook
A year ago, football fans were all aflutter — some with excitement, some with dread — about Nike getting set to take over the NFL’s uniform contract for the 2012 season. But a certain uniform columnist had the temerity to suggest that a Nike-outfitted NFL probably would look pretty much the same as a Reebok-outfitted NFL.
Twelve months later, a certain uniform columnist doesn’t want to say he told you so, but, um, he told you so. Aside from the Seahawks, who were put into the Nike centrifuge and emerged with a predictably eccentric costume, the rest of the league still looks like the NFL, at least for now.
Read the rest of this entry
Advertising Age profiles Nike’s creative director Martin Lotti who oversaw its London 2012 Marketing strategy & new Volt craze:
You probably don’t know Martin Lotti. But if you watched the Olympics, you are definitely familiar with his handiwork.
He’s the man behind those shoes — the beautifully crafted, incandescent kicks that whizzed by on the feet of 400 Olympic athletes, including USA’s Ashton Eaton and Trey Hardee, Great Britain’s Mo Farah and France’s Renaud Lavillenie, enabling Nike to capture the Olympic gold in ambush marketing.
Mr. Lotti, 37, is Nike’s global creative director for the Olympics — an interesting title, since Nike wasn’t an official London 2012 sponsor. An industrial designer by education, he has been at Nike for 15 years, adding the “Olympic” aspect to his title just two years ago, while the brand’s preparations for the London games were already underway. His role is to focus on the Nike products that 3,000 Olympic athletes wear on and off the field, from design to deployment.
Painting Nike’s Flyknit shoe Volt, as that vivid neon-green-meets-highlighter-yellow color is called, was Mr. Lotti’s way to create a kind of “Team Nike.” Before London 2012, the brand matched the color of the shoe to the color of the individual athlete’s uniforms. It looked pretty, but it blended in. This year, hundreds of athletes across different national federations wore the same color, what Mr. Lotti called “the easiest way” to make a splash.