2min chapter

Acquired cover image

Nike

Acquired

CHAPTER

Nike's Recession in 2003

Kobe was with Adidas from ninety six to two thousand and two. It's rumored that he paid eight million dollars to get out of his contract so he could move over to Nike. LeBron came into the NBA and Nike signed him out of high school. In 2003, they acquire Converse for three hundred and nine million dollars. They're once foe and you know, now Nike's in the multi billion dollar market cap.

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