![TIL that roughly 30 years ago, NBA Legend Spencer Haywood chose $100,000 upfront over a 10% stake in Nike. Had he accepted the original offer, his holdings in Nike would be worth TIL that roughly 30 years ago, NBA Legend Spencer Haywood chose $100,000 upfront over a 10% stake in Nike. Had he accepted the original offer, his holdings in Nike would be worth](https://external-preview.redd.it/qDKScbiiA3GzT6A3a7vECf_ufz_XcqJOUKoVOMOvi2k.jpg?width=640&crop=smart&auto=webp&s=46186f5cfe4ca69963db89debc9778909037f299)
TIL that roughly 30 years ago, NBA Legend Spencer Haywood chose $100,000 upfront over a 10% stake in Nike. Had he accepted the original offer, his holdings in Nike would be 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.](https://pbs.twimg.com/media/FZkFTEBX0AAq1EO.png)
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.
Boardroom on Twitter: "5) Haywood signed an equity deal w/ Nike in '72. Tragically, his agent sold his stock behind his back through power of attorney. The shady biz cost Haywood what
![Retro Awesomeville on Twitter: "Spencer Haywood was approached by Nike in its early days to promote the brand's sneakers. The offer was $100,000 or 10 percent ownership in the company... He took Retro Awesomeville on Twitter: "Spencer Haywood was approached by Nike in its early days to promote the brand's sneakers. The offer was $100,000 or 10 percent ownership in the company... He took](https://pbs.twimg.com/media/EuQ54diXEAM-mNZ.jpg)
Retro Awesomeville on Twitter: "Spencer Haywood was approached by Nike in its early days to promote the brand's sneakers. The offer was $100,000 or 10 percent ownership in the company... He took
![Spencer Haywood of the New York Knicks in action against the... | New york knicks, Basketball players nba, Basketball clothes Spencer Haywood of the New York Knicks in action against the... | New york knicks, Basketball players nba, Basketball clothes](https://i.pinimg.com/originals/1d/fa/24/1dfa2428a6e942feb77f2b81a5d748c4.jpg)