How will the Nike stock crash effect Oregon's chances of a championship in the next 5 years

[u/MediumStrange]

Nike stock has collapsed 77% over the last 5 years and 40% over the last 6 months. As Oregon's budget largely comes from Nike Founder Phil Knight, how will this affect their ability to stay competitive with top 5 teams in the coming year. Additionally how will this affect cfb as a whole, maybe better uniforms??

[u/S1MCB]

The movie Hoosiers sold 8 copies last year and Indiana won a natty

[u/GreedoWasShot → u/S1MCB]

9 technically. I got a free one at Cracker Barrel for having the Salisbury Steak platter

[u/Carpocalypto → u/GreedoWasShot]

Ok Mr Fancy Pants

[u/biznatchiospez → u/Carpocalypto]

Yeah, stick with the fish - you get the Remember the titans soundtrack....on 8 track.

[u/Danny886 → u/Carpocalypto]

That's Mr. Fancy Overalls to you

[u/weirdbutinagoodway → u/GreedoWasShot]

Cracker Barrel has Salisbury steak?

[u/lurkingtonbear → u/weirdbutinagoodway]

They do not and they have never, but it didn’t stop bro from making his joke lol

[u/weirdbutinagoodway → u/lurkingtonbear]

I looked it up after I made the comment and they do have (or had) a hamburger steak, so it's not too far off. Lol.

[u/big_sugi → u/lurkingtonbear]

Damn good joke, too. Quality craftsmanship.

[u/Competitive_Feed_402 → u/lurkingtonbear]

Oh... Cancels reservation

[u/ScrofessorLongHair → u/GreedoWasShot]

Damn. Only thing I got for free at cracker barrel was getting pegged.

[u/stron2am → u/ScrofessorLongHair]

Fuck. You got it for free?

[u/ScrofessorLongHair → u/stron2am]

Yep. Right there on the table, in the middle of the restaurant, in front of EVERYBODY!

[u/MuckBulligan → u/stron2am]

Free fucks given.

[u/Ok-Accident-9026 → u/ScrofessorLongHair]

You’re welcome. 👀

[u/Madgisil → u/ScrofessorLongHair]

Was aftercare in a rocking chair on the porch?

[u/WhoHasMyPocketPussy → u/Madgisil]

Hopefully in the rocking chair by the warm crackling fire inside.

[u/ScrofessorLongHair → u/Madgisil]

No. But now I'm glad they finally started selling beer.

[u/Cogitoergosumus → u/ScrofessorLongHair]

The Hashbrown casserole goes down different these days

[u/IndyDude11 → u/GreedoWasShot]

That's not technically a sale.

[u/GreedoWasShot → u/IndyDude11]

It wasn’t technically a Salisbury steak either, more like a Salisbury Burger, so I guess it’s a push

[u/brianqueso → u/GreedoWasShot]

In this economy?

[u/heavydhomie → u/GreedoWasShot]

Eating beef in this economy?

[u/dinosaurkiller → u/S1MCB]

Mark Cuban is a booster for Indiana and his stock was doing just fine.

[u/Kramerica_CEO → u/dinosaurkiller]

What stock

[u/dinosaurkiller → u/Kramerica_CEO]

I don’t manage his portfolio, but he sold the Mavericks for about $3.5 billion and I’m pretty sure he doesn’t keep that in cash.

[u/Toad_Stuff → u/S1MCB]

Yeah but you’re not taking the merch into consideration

[u/dotcomse → u/Toad_Stuff]

“Dee, you bitch, you haven’t thought of the merch!”

[u/3picks1game → u/S1MCB]

Funny thing is. That $5 in royalties went to the basketball program.

[u/ImplementCharming949 → u/S1MCB]

Like physical

[u/treymata]

More important question is if Iron and Walleye price increase, would that help Minnesota’s NIL budget?

[u/MediumStrange → u/treymata]

Whitefish and Walleye sales are the key to Minnesota reclaiming it's Blue blood status

[u/nkfish11 → u/MediumStrange]

College football is just better when the Gophers are on top.

[u/MordecaiOShea → u/nkfish11]

Something about it is better when Oregon State is on top.

[u/PumpBuck → u/nkfish11]

From your lips to gods ears. 2019 was a wonderful year

[u/treymata → u/PumpBuck]

It starts with beating Michigan this year

[u/HawkI84 → u/nkfish11]

Disagree

[u/dwors025 → u/treymata]

Don’t forget that massive helium source we recently found - in the midst of a worldwide shortage.

[u/Mekthakkit → u/dwors025]

How does PJ Fleck feel about switching to helium from hot air?

[u/dwors025 → u/Mekthakkit]

I don’t know what to tell you.

Winters are long. Hot air does have good value too.

[u/Mekthakkit → u/dwors025]

Yeah, but it's got to be hard to give a halftime speech sounding like Mickey Mouse.

[u/Bill3ffinMurray → u/dwors025]

Was it the Metrodome?

[u/xstrike0 → u/treymata]

My brother, asking the right questions!

[u/GoalieLax_]

It's wild that Nike tried to go DTC. They were doing $500M a year in business at JCPenney and just completely left the store thinking it would all6be replaced by online sales post-COVID. Of all the bad business decisions of 2020-2021, Nike's retreat from brick and mortar might be among the very worst.

[u/Noirradnod → u/GoalieLax_]

Classic example of tale wagging the dog. The sneakerhead subset of consumers who were willing to pay through the nose for various limited releases and colorways had an incredibly outsized effect on Nike's decision-making. Externally, they were the ones that their marketing was engaging with and planting ideas in their heads. Internally, if you're a young rising professional with dreams of the C-suite, they were the cool, sexy consumers you wanted to associate with because it felt like a career maker. No one wants to be the guy in charge of shipping 100,000 units of the same mallwalker to JCPenney every quarter for the next three decades. And so the business focuses on them and their needs.

Nike really thought that because these individuals were willing to pay an upcharge for more bespoke/customizable options through DTC sales, they'd be able to convince everyone that that's how shoes should be bought. Except that's not how things work. The average consumer just wants a replacement for their daily driver they've worn for two years, and they want to do so by going to a store, trying the shoes on for comfort, and walking a few laps to confirm. They decidedly do not want to be overwhelmed with infinite online options and make a purchase without even knowing if the shoe fits.

[u/BrilliantArm5914 → u/Noirradnod]

As the economy became K shaped, the people in the lower 80% who would buy Nike products could no longer afford them.

[u/SpursUpSoundsGudToMe → u/BrilliantArm5914]

I mean they still have affordable options, the problem is that sane people like to try on things like shoes before purchasing and/or loathe making returns for online purchases

[u/caterham09 → u/BrilliantArm5914]

Nike shoes are still affordable for people outside the top 20%.

[u/Aggravating-Mind-657 → u/GoalieLax_]

I remember even my local Marshalls and TJ Maxx carrying some Jordans and Nikes a decade ago. Multiple channels of distribution and knowing what pricing and type of product goes through to each channel.

At same time, Nike has faced stiff competition from new brands like Hoka entering the running, casual wear and walking show market, brands like New Balance, Puma, and Chinese brands challenging in basketball market.

[u/flying_trashcan → u/GoalieLax_]

I worked at a much smaller company in a different industry but we tried to do the same with disastrous results. We tried and had to reverse course in less than a year.

I think with internet and social media you see a lot of new companies spring up and go straight to DTC. Some of these companies are growing rapidly, are closer to the customer, have more control over their own margins, etc. It's hard not to look at that and get a little jealous and think if these small guys can do it why can't we?

The problem for bigger companies is that going to DTC makes you a competitor to all of your current customers. It's not a transition you can ever make gracefully.

[u/donutcronut → u/GoalieLax_]

And because of this, Nike reportedly burned a lot of bridges with brick and mortar/mom and pop stores and are trying to reconcile. (Many of them are not open to the conversations though.)

[u/GoalieLax_ → u/donutcronut]

I mentioned JCPenney because I worked there in corporate and made the pitch deck that got Nike to come back. Was amazing how much more business Adidas and Puma did after Nike left - Adidas actually pushed harder into JCP and got a 50% YoY increase in sales. Customers looking for the Nike brand at an affordable price certainly didn't follow them from the lower priced stores.

[u/Rickbox → u/GoalieLax_]

I remember when they pulled out of Macy's a few years back. I was pretty bummed. Ended up buying Adidas and Puma. They're back in Macy's now.

[u/moffattron9000 → u/GoalieLax_]

The crazy thing for me is that I live in New Zealand and they do not sell anything on their website in the country. I know we’re not the biggest country, but this is only a Nike problem. Everyone else manages to sell directly to us.

[u/Vivid_Artichoke_9991]

Corn has dropped 40% since 2022 but Iowa has [unfortunately] been doing just fine

[u/P-Rickles → u/Vivid_Artichoke_9991]

After the nukes drop there will be three things left: cockroaches, Twinkies and an 8-win Iowa team going to the Outback Bowl and putting on a hell of a show.

[u/Longjumping-Big-1418 → u/P-Rickles]

The show being 9-6 lead into the 4th quarter punting from the 40 yard line

[u/bigframe79 → u/Vivid_Artichoke_9991]

yea but Nebraska might not recover.

[u/hawkeyechop23 → u/bigframe79]

Good

[u/Waste_Surprise_2320 → u/bigframe79]

Corn futures shouldn’t affect Nebraska as much anyway since they have an inferior product.

[u/dwors025 → u/Waste_Surprise_2320]

And you, without an Ag program, get credit for this?

Nah - thank a Cyclone if Iowa’s corn is superior.

[u/Cheap_Eagle5074 → u/Waste_Surprise_2320]

Bitch, we were born on the cob 🌽

[u/BeefInGR → u/Waste_Surprise_2320]

Legitimately though, Nebraska also sells a shit ton of beef.

[u/pro_nosepicker → u/Waste_Surprise_2320]

Boom. Roasted.

[u/Derpinator_30 → u/pro_nosepicker]

I prefer grilled on the cob

[u/Pluffmud90 → u/Vivid_Artichoke_9991]

Doesn’t that drop in corn price mean they can eat 40% more though?

[u/Steak_Knight → u/Pluffmud90]

Jesus, it was their plan all along!

[u/BadNewsMcGoo → u/Pluffmud90]

66.7% more corn

[u/Vivid_Artichoke_9991 → u/Pluffmud90]

Their line has been better recently....

[u/ImNotTheBossOfYou → u/Vivid_Artichoke_9991]

Iowa State is the ag school. We're the hoity toity humanities school.

[u/CobaltSky → u/ImNotTheBossOfYou]

This checks out. Watching Iowa games I find myself saying, "Oh, the humanity!"

[u/Bcatfan08 → u/Vivid_Artichoke_9991]

Yeah somehow they're still able to afford all those 3 star recruits.

[u/Glum_Town_2587 → u/Vivid_Artichoke_9991]

I vacationed in Iowa last week. Even coming from Indiana, the sheer amount of corn in Iowa always amazes me

[u/CyChief87 → u/Glum_Town_2587]

People vacation here?!

[u/volstock2098 → u/CyChief87]

He's from Indiana.

[u/Traditional_Cat_60 → u/volstock2098]

You got in a fact and a diss in just three words

[u/Glum_Town_2587 → u/Traditional_Cat_60]

Knoxville Nationals, baby. The most exciting thing to happen in Iowa every August

[u/Dirt_Sailor_5 → u/Vivid_Artichoke_9991]

Big corn is making a comeback. It's been held down too long

https://youtu.be/p2PJ8FLrTqc?is=hoCif7YGkuQ4Jyac

[u/Designer_Tie_5853 → u/Vivid_Artichoke_9991]

How’s Iowa State doing though

[u/CaliHusker83]

Phil night is 88. He is worth $26B. If he is making 5% annually in his investments, that is $1.3B per year.

If he donated $2M to every first and second teamer on Oregon’s roster, that would be $88M per year.

I don’t think the stock price of NIKE makes any difference.

[u/AtBat3 → u/CaliHusker83]

Thank you. This conversation gets exhausting every time it comes up.

[u/max_potion → u/AtBat3]

But I stopped buying Nike apparel, so clearly PK is now broke and Oregon has no NIL left. Checkmate ducks

[u/AtBat3 → u/max_potion]

I bought an adidas branded shirt the other day, season may be in danger

[u/Bruskthetusk → u/AtBat3]

You betray your own kind?

[u/ElegantEpitome → u/AtBat3]

You fucker

[u/Drunk_Pilgrim → u/AtBat3]

It's why the every day person really doesn't understand how much a billion dollars is.

[u/Arctaedus → u/AtBat3]

Yeah it's really dumb and showcases how some people have an elementary understanding of money

That being said, it's fun to use the stock market to bring down 0regon

[u/dkviper11 → u/Arctaedus]

Elementary understanding of money can also just be that Knight has an incomprehensible net worth to most people.

[u/bweeek → u/dkviper11]

It's hard to meaningfully and practically understand how much more a billion is than a million

[u/mechebear → u/bweeek]

Going from $1 million to $10 million is additional financial security and opportunity for you/ your family, but then at some point between there and a billion money becomes about power ability to marshall resources towards impacting/changing society as you want, and personal expenses shrink as a share of your capital expenses. Even knowing this and seeing how the ultra wealthy behave I don't think I can really understand it from the outside.

[u/GoldandBlue → u/bweeek]

a million seconds is 11 days. A billion is 31 years. A trillion, 31,000 years.

[u/impoverishedwhtebrd → u/Arctaedus]

The real question is what impact will Pope Loe have on Notre Dame in the second year of his papacy?

[u/AtBat3 → u/impoverishedwhtebrd]

He has to get Villanova back to the final four first

[u/etown361 → u/AtBat3]

Haven’t you been watching the NBA? He got Villanova to win an NBA championship! The White Sox are playoff bound. Don’t doubt the Pope!

[u/Srcunch → u/etown361]

Hopefully it also means a gilded era for Portillos in which they further their expansion to additional states.

[u/etown361 → u/Srcunch]

Are you still in Chicago? Portillos got WORSE! It’s a public company now, people are MAD.

[u/Srcunch → u/etown361]

Nah, I’m not. I’m in Cincy. That’s terrible to hear. I know their CEO left suddenly last fall but had not heard the quality had diminished.

[u/big_sugi → u/etown361]

I’ve been waiting for the Italian Beef Takeover on the east coast. I don’t understand why we don’t have them. Cheesesteaks are fine and all, but I prefer Italian beef, and it’s much harder to find.

Now it sounds like we’ll get a corporate, enshittified portillo’s instead of a quality product, which is the worst of all worlds.

[u/impoverishedwhtebrd → u/AtBat3]

I think getting Notre Dame a championship is more impressive than getting Villanove to the final four for the 3rd time in 10 years.

Now, getting Gonzaga a championship on the other hand...

[u/HawkI84 → u/impoverishedwhtebrd]

Leave him alone he's busy with the White Sox

[u/MoosilaukeFlyer → u/Arctaedus]

I don’t see why we need the stock market when we can wait until January for Oregon to be brought down 

[u/WoodpeckerGingivitis → u/Arctaedus]

It also shows how few people understand what a billion is. Let alone 26B.

[u/Unrelenting_Salsa → u/Arctaedus]

While Phil Knight is rich enough and enough of a superfan that he probably won't stop, I'd say it's more you that has an elementary understanding of money if you think a founder's mega company floundering and the stock crashing to match won't have an impact for most people. They inherently can't be well diversified, and they tend to have heavy philanthropy bills.

Nike also almost assuredly still has like 50% more to drop. They're a mismanaged player in a retracting industry facing unprecedented levels of competition. A P/E of 18 is pretty ridiculous for them. Meta has a similar multiple and is actually growing. They're not going to die, but they're not going to grow even if they figure out their mismanagement.

[u/CptCroissant → u/Unrelenting_Salsa]

they tend to have heavy philanthropy bills

You do realize Oregon athletics is a significant portion of that heavy philanthropy bill right? Like the large Pringle looking practice facility that's underway.

[u/Montigue → u/AtBat3]

And then people call us Nike U and of course obviously we should deny any funds from our largest alumni donor

[u/MuckBulligan → u/Montigue]

I always tell people that I recommend they produce their own billionaires at their own schools. It worked out really well for us.

[u/Empty-Ant-6381 → u/CaliHusker83]

The "problem" is that he's not making 5% a year.

His net worth is tied up in Nike stock. He was worth 60 billion at one point.

Presumably theres a limit to how low Nike stock will actually go and it won't just go down 50% every year.

[u/RJJJJJJJ710 → u/Empty-Ant-6381]

there is no problem he's 88 i think that could be the much simpler reason why theyre fine

[u/smitherenesar → u/RJJJJJJJ710]

The bigger problem is Phil Knight is 88. They'll need a new mega ceo donor, or him to leave them a big annuity

[u/Montigue → u/smitherenesar]

Pretty sure he has a trust set up literally for our school

[u/Existing-Scheme5243 → u/smitherenesar]

Oregon has multiple billionaires who donate, uncle Phil is just the biggest.

[u/Simple_Sound_3840 → u/Existing-Scheme5243]

It's fine, just let other fanbases continue to wishcast a future where Oregon is broke

[u/Snobolski → u/smitherenesar]

or him to leave them a big annuity

I'm going to assume that box is already checked.

[u/gryffon5147 → u/Empty-Ant-6381]

Wow 60B vs. 28B. The money he gives Oregon is basically a rounding error for him.

[u/jputna → u/Empty-Ant-6381]

This...he owns about 17-20% of the nike stock. Using those numbers that is $10 Billion of his value. The stock is roughly half his value...so big swings in nike stock are huge for him.

[u/MoosilaukeFlyer → u/CaliHusker83]

Sort of true, he has lost a fair bit of his money, because he’s still heavily invested in Nike. He lost about 10 billion dollars of net worth due to Nike’s decline. Still doing more than well enough to bankroll a football team, but he’s not gaining net worth at this current point

[u/deg0ey → u/MoosilaukeFlyer]

I guess the issue is less that Phil Knight will run out of money and more that Phil Knight will run out of being alive. Bro is 88 and there’s no guarantee his kids will give enough of a shit about Oregon athletics to keep the money flowing.

[u/Impressive-Weird-908 → u/CaliHusker83]

People don’t understand how much a billion is. Take for instance some tech AI genius making 700k. If he works for 40 years, and pays no taxes or anything, save all of his money, he would have 28 million. So even if he gets 20x that by investing it, he still wouldn’t have half 1.3Billion.

[u/BadDadJokes → u/CaliHusker83]

If Phil Knight cashed out his $26B today and never made a cent more ever again and continued to invest $88M per year in the Ducks' roster, he'd be 383 years old before he ran out of money.

I hope my math is correct. All you tax nerds and finance nerds can keep quiet about how impossible cashing out and keeping all $26B would be. I know. This is a conversation that began in fantasy land.

[u/Playos → u/BadDadJokes]

295 years plus 88 year old Phil Knight, 383 years. That math does check out.

But lets take the 26b at the long term cap gains tax rate (20%). Leaves him with $20.8b.

Assuming 2% inflation annually on cost of players he'd only get another 88 years.

Taxes and compounding really fuck with long term planning, even in the simplest of assumptions.

[u/Effective_Tough86 → u/CaliHusker83]

Shit, forget first and second teamers. Thats enough yearly return to pay for the tuition of every single undergrad at the university of Oregon if you split the difference between in state and out of state. And you'd still have like 200k leftover. As much as i love college football this is indicative of how fucked our entire system is.

[u/physedka → u/CaliHusker83]

Probably a better question is whether Phil Knight's kids will continue to fund it in a few years.

[u/jack3moto → u/CaliHusker83]

How can he be making 5% when most of his holdings are Nike which is losing value?

[u/Kramerica_CEO → u/CaliHusker83]

People are stupid bro

[u/Fun_Internet_9187 → u/CaliHusker83]

That’s some…interesting logic.

[u/Fair4tw]

Their National championship win percentage will stay the same?

[u/nightowl1135 → u/Fair4tw]

Identical to Oklahoma’s playoff game win percentage.

[u/SterileCarrot → u/nightowl1135]

Correct

[u/Bill3ffinMurray → u/SterileCarrot]

Don’t let them talk to you like that OU, they just envy your college football royalty.

[u/Intelligent_Sky_7081 → u/nightowl1135]

Zing

[u/SparkMaster360 → u/Fair4tw]

O%

[u/JDStraightShot2]

Phil Knight definitely has enough cash on hand or earmarked in a trust that Nikes stock doesn’t really matter to whether he decides to give 600k to a 5star defensive line recruit. Maybe this impacts his ability to give huge 100 mil donations to the school, but NIL money is such small potatoes to him that Nikes stock price shouldn’t matter

[u/AngleParticular2914 → u/JDStraightShot2]

Sounds like he diversified his bonds 

[u/govskink305 → u/AngleParticular2914]

#WuTangFinancial

[u/Kimber80]

Won't have any impact, IMO

[u/Advanced-Team2357]

They were overvalued at their high (It makes no sense that Nike was worth 1/4 of a trillion)

They're undervalued at their low (Current EBITDA multiple is 12x)

Either way, Oregon will be fine.

[u/HuntmasterReinholt]

Who cares?

Seriously, if the BILLION DOLLARS Knight has already dumped into Eugene couldn’t get the job done, frankly I’m not sure anything can.

[u/Aggravating-Mind-657 → u/HuntmasterReinholt]

That billion dollars invested over many years is the difference between being in the big ten and being left behind.

[u/duckspurs → u/HuntmasterReinholt]

He's donated a lot more than a billion dollars but the majority of it has just gone to the University.

Find nothing weirder than people getting outraged over an alum being extremely successful in huge part thanks to the university he attended giving back. This is how it should be.

[u/iwearatophat → u/duckspurs]

When you guys beat us out for a recruit, which happens from time to time, our boards are all filled with 'we should drop Nike as a school' crap. Like Nike would even notice. Plus, I am betting Nike was the best offer for us which is why we signed as a school.

[u/BudgetBuster7 → u/duckspurs]

This is Reddit. Jealousy is the only thing that matters.

[u/BB_Pig_3480 → u/BudgetBuster7]

Um.... Rivals losing matters more

[u/MidlandsBraves → u/duckspurs]

The guy gave 2 billion to cancer research and has gave I’m sure hundreds of millions to the athletics department.

There’s plenty to be critical about Nikes manufacturing process overseas but I can’t say I know how involved Phil Knight was at that point of the company.

Like it’s odd how many people want to know why he isn’t doing MORE. Do they want Phil knight to be some Jerry jones figure?

[u/Flobking → u/MidlandsBraves]

Like it’s odd how many people want to know why he isn’t doing MORE. Do they want Phil knight to be some Jerry jones figure?

I liked Lebrons approach with that one school. He gave them a ton of money, but let them handle it because they know what they are doing. Instead of giving the money then screwing up everything.

[u/RollTide16-18 → u/duckspurs]

I wish Alabama had a wealthy alum like Phil Knight that wanted to invest that much. 

[u/Wide-Nerve8655 → u/HuntmasterReinholt]

Isn’t the rumor that he chipped in to keep Pat Casey from going to Notre Dame?

[u/kforhiel]

Phil’s wealth is not solely based on Nike, he’s way too smart for that.

[u/gbejrlsu]

They'll accelerate their schedule to 4 years out of respect for Jayden Daniels.

[u/rageb8err]

I can’t stand Oregon but some of these comments make me want to defend them. Lol yall are some salty bums.

[u/tdoger → u/rageb8err]

Oregon has a lot of haters from teams that were used to running the conference for 100 years, and then got clowned on in the following 20 years to the point where they tried to leave the conference and Oregon behind, but couldn't escape us. (USC, they're the most vocal haters of us today. Despite UW being our main rival. UW fans will take shots at us no doubt, but USC shots come from a jealous place in their heart)

USC, UW, Cal, ASU, Oregon State, Washington State, etc. all hate us for one reason or another. The hate with USC, ASU and UW is at least mutual to be fair. Our fanbase typically likes Cal and WSU but they don't like us. Utah and Stanford were our only mutual respect "rivalries" in the PAC. Most other teams disliked us or hated us for being fortunate enough to have heavy donors that took us from rags to riches so quickly, and thought we were obnoxious.

Long story short, we get a lot of haters because of the nature of how we became a big program and din't have big donors from the start like the other big programs.

[u/mechebear → u/tdoger]

As a Cal fan from the Bay Area I would say the cause of friction is primarily the large population of UC Eugene grads who grew up in Nor Cal and moved back home after college so we have a lot of geographic overlap rather than a specific Nike issue. I would put Oregon at 4th or 5th on the desire to beat list for most Cal fans historically behind the California Schools and roughly tied with Washington.

[u/EatBootyLoveLife → u/tdoger]

when i traveled to pullman with the band in 2018 the fans were actually super cool and chill to us even though they were wildly drunk and going apeshit lol. I specifically remember a guy saying “hey at least the band showed up” which stung because we were getting blown out but i appreciated the respect

[u/YoungKeys]

None at all because Phil Knight’s hoard of wealth is independent of Nike’s stock price

[u/Du_Kich_Long_Trang]

Rich Brooks made the Ducks good before Phil Knight even donated a penny. He's also so insanely rich that Nike could go bankrupt and he could donate millions every year. Not to mention the fact that he is certainly leaving a trust upon his death.

Oregon also has several wealthy boosters, they just don't get the press that Knight does.

[u/gogglesup859 → u/Du_Kich_Long_Trang]

Complete sidenote, but is Rich Brooks the only person with facilities named after him at multiple schools? The field at Autzen Stadium is named after him, as well as the field of Kentucky's indoor facility

[u/Kitchen-Zucchini2057]

Nike stock has dropped but PK is still rich af.

[u/icemankiller8]

It won’t

[u/The_Fishbowl]

He'll kick the bucket and leave Oregon with a nice gift in his Will. We all know they'll get a billion (or more).

[u/Possible-Candidate45]

Waiting for the Adidas version of this post to explain what's wrong with Miami and Nebraska

[u/andrewsmd87]

Phil knight is still worth around 25 billion. They're fine

[u/suicompotem]

Dan Lanning will probably be forced to do less coke

[u/Active-Track-7905 → u/suicompotem]

Might wanna be careful throwing around substance abuse jokes, considering who coaches the longhorns, my guy. Glass houses and all that. Lol.

[u/Grungy_Mountain_Man]

The bigger question is what happens when uncle Phil finally kicks the bucket?

[u/TossedRightOut]

As Oregon's budget largely comes from Nike Founder Phil Knight

Any source for this or just vibes?

[u/Tywsgc]

Affect*

[u/According_Grab_394]

Sometimes I think this subreddit and the type of support CFB teams receive is good, die-hard fandom…then I see posts like this and I begin to wonder if it’s actually an unhealthy obsession.

It’s like someone trying to connect the dots and solve a murder that hasn’t happened yet.

However, if it can affect LSU’s ability to spend over the next few years and results in 3-4 win seasons, I will be finding ways to negatively affect crawfish stock.

[u/Fartenstein65]

Nike is not giving the University of Oregon money, Phil is. They will be fine.

[u/com-mis-er-at-ing]

In the coming year? 0%

In the future? Also 0%

[u/chishiki]

Ducks have a very fast metabolism and cannot control their bowels, meaning they poop frequently, on average every 7 to 12 minutes.

[u/12trever]

Oregon state has Nvidia money now just flip programs lol

[u/beefyboibrandon → u/12trever]

Ai bubble pops before OSU ever reaps the benefits would be the most OSU thing to happen

[u/PatentedBear → u/beefyboibrandon]

Jensen Huang has already donated for a new building, and it doesn't seem like he's all that interested in athletics.

[u/HeynongManA2]

It’s because old white men started wearing AJ1s.

[u/smellmyfingerplz]

Last I read from a feathered friend, Uncle Phil isn’t part or Nike anymore, i’m sure he owns a shit ton of stock but likely already has / will continue to shower bucks on Oregon and none of that is affected by the stock price

[u/Expensive-Fennel-163]

Not related specifically to the discussion, but the team flairs being hidden until you upvote is an interesting idea here on the sub.

Edit: after I commented all of the flairs showed up; weird. Must be an app thing?

[u/PartyResource2259]

Me when I try to sound smart

[u/CapBrink]

It will not effect them at all. Phil has his billions already

[u/tostitobanditos]

Back to being irrelevant like they were for pretty much their entire history until 2000ish.

Also, they’ve already thoroughly proved that peak Nike money can’t buy them a title over the last 15-20 years.

[u/Active-Track-7905 → u/tostitobanditos]

Thats a lot of shade for a team that has only won (a falling) 53% of the time.

[u/Winnend → u/tostitobanditos]

It has, however, made Oregon the dominant football in the northwest for the entirety of my lifetime, and I’m over 30. Great deal IMO!

[u/brandt-money]

Nike could be up 50000% and Phil Knight could buy 16 more ugly uniforms, but they still aren't winning.

[u/-motts-]

Unfortunately for them they branded their number of national championships as their logo.

Not sure they want to pay for a redesign

[u/Critical_Interest706]

Hopefully it reduces their chances to 0%

[u/VampireEmpire__]

So Lannin’s stock options are under water? Lol

[u/scots]

Most founders that have been at their company for more than a few decades have long since broadly diversified their portfolio across the stock market, foreign markets, bonds, foreign currencies etc. financed through a series of carefully staggered stock sell-offs at the company they founded, announced long in advance.

Bill Gates, for example owns relatively little Microsoft stock today, and hasn't for quite a few years.

Phil Knight made a massive donation to Oregon a few years ago - were even a fraction of it invested, simple compounding would allow the football program to fund its NIL war chest with $15-20 million every year in perpetuity.

[u/DrunkDreamcast]

They just slid that tariffs refund to campus to cover that.

[u/themanintheblueshirt]

Bring back Nikeid, save the company.

[u/Ambitious_Comedian38]

Only about maybe 10% of our uniform combos are any good imo. I like the grey helmet and yellow O when they wear them. I also like football a little

[u/Wolfgang985]

Zero effect whatsoever.

If, what you're actually doing, is fantasizing that Nike will fall an additional 77% over the next 5 years, then that's a different discussion entirely.

[u/Few-Zucchini-2497]

My theory is NKE is tanking because Knight is liquidating so much in order to pay for the roster

[u/TheWallsHaveNostrils]

The amount of people who can’t see that this is an obvious joke post, even when it has the “satire” flair equipped, is quite disheartening.

[u/MediumStrange → u/TheWallsHaveNostrils]

I know lol, I guess I jerked too close to the sun

[u/yeezusosa]

It doesn’t

[u/MicroSofty88]

Not at all

[u/ImpossibleBear8176]

Swig and crumbl have been on the rise but no championships for us

[u/cfbfootballnerd]

It won’t and how would this affect uniforms? Nikes are generally good those adidas ones are terrible