Author Topic: Nike and Kaepernick  (Read 8242 times)

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Re: Nike and Kaepernick
« Reply #120 on: September 19, 2018, 05:11:46 AM »

Offline GreenEnvy

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FWIW

https://www.yahoo.com/sports/nike-stock-closes-time-high-aftermath-colin-kaepernick-ad-campaign-225007582.html

Wasnít their previous ATH just a few weeks ago (before any of this came out)?

So sounds like they were trending up and this had no actual effect. But Iím sure people will assume a correlation.
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Re: Nike and Kaepernick
« Reply #121 on: September 19, 2018, 08:14:23 AM »

Offline Moranis

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FWIW

https://www.yahoo.com/sports/nike-stock-closes-time-high-aftermath-colin-kaepernick-ad-campaign-225007582.html

Wasnít their previous ATH just a few weeks ago (before any of this came out)?

So sounds like they were trending up and this had no actual effect. But Iím sure people will assume a correlation.
Of course if the ad was such a bad business move, the stock wouldn't still be trending upward.

Re: Nike and Kaepernick
« Reply #122 on: September 24, 2018, 05:36:44 PM »

Offline Cman

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apparently, the Kaep ad has boosted Nike stock by about $6B.
https://www.vox.com/2018/9/24/17895704/nike-colin-kaepernick-boycott-6-billion

If true, here's hoping Kaep got some of that, and not just a measling few 100Gs.....
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Re: Nike and Kaepernick
« Reply #123 on: September 24, 2018, 05:37:40 PM »

Offline Cman

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FWIW

https://www.yahoo.com/sports/nike-stock-closes-time-high-aftermath-colin-kaepernick-ad-campaign-225007582.html

Wasnít their previous ATH just a few weeks ago (before any of this came out)?

So sounds like they were trending up and this had no actual effect. But Iím sure people will assume a correlation.

Sort of like Trump and basically every single statistic on the economy....
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Re: Nike and Kaepernick
« Reply #124 on: February 15, 2019, 03:58:44 PM »

Offline fairweatherfan

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Kaepernick, and Eric Reid, just settled their collusion suits against the NFL for an undisclosed amount:

https://www.cnbc.com/2019/02/15/colin-kaepernick-reaches-settlement-in-collusion-case-against-nfl-lawyer-says.html

Re: Nike and Kaepernick
« Reply #125 on: February 15, 2019, 04:11:06 PM »

Offline nickagneta

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Kaepernick, and Eric Reid, just settled their collusion suits against the NFL for an undisclosed amount:

https://www.cnbc.com/2019/02/15/colin-kaepernick-reaches-settlement-in-collusion-case-against-nfl-lawyer-says.html
So either this is an admittance of collusion by the owners who are trying to minimize the damage done by their collusion or a payoff by the owners to just end the entire matter or both.

Re: Nike and Kaepernick
« Reply #126 on: February 15, 2019, 04:24:24 PM »

Offline Donoghus

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Re: Nike and Kaepernick
« Reply #127 on: February 15, 2019, 04:50:58 PM »

Offline nickagneta

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Reid & Kap must've made out like bandits.

Oh yeah, how's that Nike boycott going these days?

https://www.washingtonpost.com/sports/2019/02/14/he-stopped-selling-nike-products-because-colin-kaepernick-now-his-store-is-closing/?noredirect=on&utm_term=.8f2de066e4e1
Idiot.

Now maybe things were getting tough with Dick's Sporting Goods taking some of his business and because his location was in a dying mall, so maybe the business would have died a year or two from now,  but putting your business in a position to go under over someone taking a knee at a football game is just really idiotic from a business standpoint.

I mean, come on. You have hundreds of thousands of dollars in Nike inventory. That inventory, and it's not clear if that inventory number is based on retail value or purchased from Nike value, is your lifeblood in a business. He gave half the retail sales value of the inventory away for nothing. That's just plain stupid.
« Last Edit: February 15, 2019, 04:57:13 PM by nickagneta »

Re: Nike and Kaepernick
« Reply #128 on: February 15, 2019, 04:58:29 PM »

Offline SparzWizard

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After the Colin Kaepernick-Nike movement went viral, Adidas (shoes) suddenly became popular again. I have never seen so many people wearing Adidas shoes in the past year. Where were they before 2018 lol. Either way, I hate Adidas shoes. Sticking with Nike.

Also, I find it funny how NFL teams support women beaters like Kareem Hunt, but they don't support kneelers like Kaepernick.

Re: Nike and Kaepernick
« Reply #129 on: February 16, 2019, 08:43:23 PM »

Offline nickagneta

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It's being reported the settlement amount on the NFL collusion could be somewhere between $60-80 million for Kaepernick.

That's a huge chunk of change for basically being told for two years, we don't want you working for us

Re: Nike and Kaepernick
« Reply #130 on: February 16, 2019, 09:01:42 PM »

Offline SparzWizard

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It's being reported the settlement amount on the NFL collusion could be somewhere between $60-80 million for Kaepernick.

That's a huge chunk of change for basically being told for two years, we don't want you working for us

$80M that's almost as much as Philip Rivers makes in 4 years lol.

 

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