![Michael Jordan's $5 billion brand with Nike wouldn't have existed if Spencer Haywood and Magic Johnson signed on! - The SportsRush Michael Jordan's $5 billion brand with Nike wouldn't have existed if Spencer Haywood and Magic Johnson signed on! - The SportsRush](https://cdn-wp.thesportsrush.com/2022/08/53c5eb79-untitled-design-2022-08-13t122555.858.jpg)
Michael Jordan's $5 billion brand with Nike wouldn't have existed if Spencer Haywood and Magic Johnson signed on! - The SportsRush
Open Court - In 1973, Spencer Haywood had a choice of contract. He could choose between $100,000 or 10% of Nike. Haywood took the $100k. Today, that 10% is worth $12.4 billion dollars. 👀 - Drew | Facebook
![Spencer Haywood Missed A Chance To Earn Over $2.8 Billion With Nike Because His Agent Made A Mistake - Fadeaway World Spencer Haywood Missed A Chance To Earn Over $2.8 Billion With Nike Because His Agent Made A Mistake - Fadeaway World](https://fadeawayworld.net/.image/t_share/MTkxNDY3NTExNzUxOTExMDEw/294351076_606299707721666_4123663496659859457_n.jpg)
Spencer Haywood Missed A Chance To Earn Over $2.8 Billion With Nike Because His Agent Made A Mistake - Fadeaway World
![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
![Spencer Haywood on Twitter: "Hey check this out Nike first advertisement ever 1973 in Seattle Super Sonics and I did it for free. Spencer Haywood http://t.co/WgeLbEMV" / Twitter Spencer Haywood on Twitter: "Hey check this out Nike first advertisement ever 1973 in Seattle Super Sonics and I did it for free. Spencer Haywood http://t.co/WgeLbEMV" / Twitter](https://pbs.twimg.com/profile_images/1279497487619850242/-azRDdxZ_400x400.jpg)