Nike co-founder wants to buy Portland Trail Blazers

Nike co-founder wants to buy Portland Trail Blazers

Basketball

Phil Knight, the founder of the American company, offered to become the Portland Trail Blazers, the NBA franchise.

Phil Knight, founder of Nike, now goes to the Portland Trail Blazers
© Getty ImagesPhil Knight, founder of Nike, now goes to the Portland Trail Blazers

Phil KnightA co-founder of the American multinational Nike launched an offer to buy Portland Trail Blazersowned by the fund Paul Allenone of the founders Microsoft passed away in 2018.

The displayed amount is 2000 million dollars to seize the property of the NBA franchiseslightly less than the value that Forbes Magazine Contribute (2,050 million) to Team NBA Based on Oregonwhich is the state in which the sports brand was identified on January 25, 1964. Although its first name was Blue Ribbon Sportsthe fledgling company changed to nike In 1978 when it was listed on the stock exchange and has always kept its headquarter in Oregonin Beavertononly 11 kilometers from Portland.

for this part, Alan Smolenskyminority owner of the Los Angeles Dodgers, will accompany as partner in Knight In this new business venture, although the franchise’s first response through the spokesperson has been, for the time being, the team “Still not for sale”But she confirmed to ESPN the offer. According to the American series reporter Adrian and ZnarowskiMuch Knight How Smolensky They had studied the show and their entry into the most important basketball league in the world, and had previously spoken with Commissioner Adam Silver.

Blazers is currently managed by Judy Allenthe sister of an American businessman who died in 2018. This extinct billionaire fund left among his plans to sell blazer and the NFL Seahawks.

Knight84 years old, studied at a university Oregon and founded nike with Bill Burmantrack and field coach from University of Oregon. Estimated that the founder of the multinational nike he have Wealth over 50,000 Millions of dollars, which puts him in the list of the 25 richest Americans. Since its establishment, first Blue Ribbon Sports then how nikewith Knight At the head of the sports company had a global expansion. In fact, between the end of the nineties and the beginning of the twenty-first century, it had points of sale and distributors in more than 170 countries, and its logo, a check mark, consists of a curve called “swoosh”famous tube nikeIt has become one of the most valuable companies in the world. For example, its expansion has indicated that it has diversified its business using its product line through several acquisitions of other companies in the sector (buys and sales of the company), including the Cole Haan footwear companies (1988; later sold in 2012) and Converse, Inc. (2003), sports equipment producer Canstar Sports, Inc. (1994; later renamed Power and sold in 2008), sports apparel and equipment company Umbro (2008; sold in 2012), among others. And he has always done so with the influence of supporting athletes and superstars like the basketball legend. Michael Jordan (she has her own clothing line), Mia Hammtennis player Roger Federer (He left with Uniqlo and is now with On, a brand of which he is a major investor), golfer tiger woodAnd the Cristiano RonaldoAnd the LeBron James And an inexhaustible collection of mathematical icons.

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Oliver Walton

"Pro alcohol addict. Bacon scholar. Award-winning beer fan. Gamer. Social media expert. Zombie guru."

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