![TIL basketball star Spencer Haywood chose $100k up front over a 10% stake in then young company Nike for endorsing their shoes. Today that 10% would be worth more than 8 billion TIL basketball star Spencer Haywood chose $100k up front over a 10% stake in then young company Nike for endorsing their shoes. Today that 10% would be worth more than 8 billion](https://external-preview.redd.it/DW8rRq04SHvKJN1XD2Ei7jEOmGvspYlmJ06j9q-zY78.jpg?width=640&crop=smart&auto=webp&s=c5d7ea1924dcef0ffe8c2270c737442f38552a0e)
TIL basketball star Spencer Haywood chose $100k up front over a 10% stake in then young company Nike for endorsing their shoes. Today that 10% would be worth more than 8 billion
![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
![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 a whopping $8.62 billion. : r/todayilearned 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 a whopping $8.62 billion. : r/todayilearned](https://external-preview.redd.it/qDKScbiiA3GzT6A3a7vECf_ufz_XcqJOUKoVOMOvi2k.jpg?auto=webp&s=761958d2c717b33a6e77fef8242d07bcbcf84601)
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 a whopping $8.62 billion. : r/todayilearned
![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
![outlet #10 Jalen Smith Men 2021 NBA Finals BoundSpencer Haywood says he was pleased with 'Winning Time' portrayal outlet #10 Jalen Smith Men 2021 NBA Finals BoundSpencer Haywood says he was pleased with 'Winning Time' portrayal](https://34345.nl/site29/wp-content/uploads/sites/30/2022/11/20221130022251-6386be7b0901d.jpg)
outlet #10 Jalen Smith Men 2021 NBA Finals BoundSpencer Haywood says he was pleased with 'Winning Time' portrayal
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. đź‘€ - Drew | Facebook
![The Spencer Haywood Rule: Battles, Basketball, and the Making of an American Iconoclast by Marc J. Spears, Gary Washburn, Hardcover | Barnes & Noble® The Spencer Haywood Rule: Battles, Basketball, and the Making of an American Iconoclast by Marc J. Spears, Gary Washburn, Hardcover | Barnes & Noble®](http://prodimage.images-bn.com/pimages/9781641253857_p0_v3_s1200x630.jpg)
The Spencer Haywood Rule: Battles, Basketball, and the Making of an American Iconoclast by Marc J. Spears, Gary Washburn, Hardcover | Barnes & Noble®
Spencer Haywood on Instagram: “Guess who's coming to the NBA? My four year old grandson Landon Spencer Haywood-Bell.. One Love, One God. @courttheesport…”
![Andrew Petcash on Twitter: "4) Most people told him to take the money, but a few said to go with the equity. So what did Haywood ultimately decide? He took the 10% Andrew Petcash on Twitter: "4) Most people told him to take the money, but a few said to go with the equity. So what did Haywood ultimately decide? He took the 10%](https://pbs.twimg.com/media/FZkFTEBX0AAq1EO.png)
Andrew Petcash on Twitter: "4) Most people told him to take the money, but a few said to go with the equity. So what did Haywood ultimately decide? He took the 10%
![Ex-NBA ace should be a billionaire but 'greedy' agent sold Nike shares - Basketball - Sports - Daily Express US Ex-NBA ace should be a billionaire but 'greedy' agent sold Nike shares - Basketball - Sports - Daily Express US](https://cdn-images.the-express.com/img/dynamic/48/590x/secondary/35981.jpg?r=1690451100528)
Ex-NBA ace should be a billionaire but 'greedy' agent sold Nike shares - Basketball - Sports - Daily Express US
![I should have been the NBA's first billionaire but my agent sold Nike shares to get his cut of deal now worth $2.8b | The US Sun I should have been the NBA's first billionaire but my agent sold Nike shares to get his cut of deal now worth $2.8b | The US Sun](https://www.the-sun.com/wp-content/uploads/sites/6/2023/07/SC-Spencer-Haywood-Comp-copy.jpg?w=620)
I should have been the NBA's first billionaire but my agent sold Nike shares to get his cut of deal now worth $2.8b | The US Sun
![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
![Fact check: Did Spencer Haywood lose out on $2.8 billion and the opportunity to become NBA's first billionaire? Fact check: Did Spencer Haywood lose out on $2.8 billion and the opportunity to become NBA's first billionaire?](https://staticg.sportskeeda.com/editor/2023/07/83d4a-16902948578558-1920.jpg)
Fact check: Did Spencer Haywood lose out on $2.8 billion and the opportunity to become NBA's first billionaire?
![50 E Team USA NWT Basketball Jersey Nike 8 Haywood | Team usa, Basketball jersey, Team usa basketball 50 E Team USA NWT Basketball Jersey Nike 8 Haywood | Team usa, Basketball jersey, Team usa basketball](https://i.pinimg.com/originals/dd/9a/36/dd9a364b72df24d330f5073c963e4971.png)