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Originally Posted by ColdNoMore
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Nike shares fall as backlash erupts over new ad campaign featuring Colin Kaepernick
Nike shares fall amid backlash over Colin Kaepernick ads
Nike sponsors 1000s of athletes and teams all over the world. The drop in their shares immediately after signing Kapernick is attributed to him.
Here is a list of Nike's top ten endorsement deals. These guys get paid the most because they sell the most merchandise. Nobody named Kapernick here. He gets paid $5 million per year, so his contribution to profits would be 1/12 of Michael Jordans 1/4 of Tiger Woods and so on.
Nike's Top 10 Highest Paid Endorsement Deals to Sports Players
Darn those pesky facts