Passionately tweeting about NBA Basketball, Tennis, Superheroes, Biomedical Engineering, Travel, Medicine, Playstation, and all things #Fanboy.
Philadelphia, PA
Joined May 2009
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Proud of myself for getting on #insidethenba during @TurnerSportsEJ's #EJsNeatoStatofTheNight #GoneFishing! 😻 #NBAPlayoffs2022
Wow @galileo_humkins
Eleven years before Michael Jordan, Nike gave NBA star Spencer Haywood 10% of the company.
While Haywood was on a road trip, his agent sold the whole 10% stake for $100,000 in cash—just to collect his $10,000 fee.
In the video below, Haywood is asked if he is still friends with the man who sold it. His answer: "Yes."
In 1973, Haywood was 24 and averaging 29 points a game in Seattle. Phil Knight came to him and asked him to wear his new shoe.
Knight didn't have the cash to match Converse. So he offered Haywood stock instead.
"First of all, I was young, too, and I'm thinking: livestock? What are you talking about? Stocks," Haywood says.
Haywood took the stock.
His agent had a problem. An agent gets 10%. Ten percent of stock in a tiny shoe company couldn't pay his bills. Ten percent of $100,000 in cash was $10,000 in his pocket right away.
So the agent kept telling Haywood the shoe would never work. At the time, Nike only made running shoes for Steve Prefontaine. When Haywood ran down the court, defenders stepped on his heel and popped the shoe right off his foot.
Before leaving for a road trip, Haywood gave in.
"I said, 'Okay, man, I give you the power of attorney. Let me just go play. I got to really focus on this game now because this is my chance.'"
When Haywood came back, the stock was gone.
"He had sold that sh*t," Haywood says. "He said, 'Man, I got the cash right here — 100,000.'"
Matt Barnes asks him what that 10% of Nike would be worth.
"It was up around 2.7 billion," Haywood says. "Years ago." At Nike's peak, 10% was worth over $8.6 billion.
The case for the agent: in 1973, Nike was a tiny Oregon running-shoe company, and the shoes literally fell off Haywood's feet during games.
Could you stay friends with a man who cost you $2.7 billion?
Raj 🐝 retweeted
I love how every poster of Avengers Doomsday has nothing to do with the Avengers but Doom
Raj 🐝 retweeted
Owen Wilson says he took clothes from Woody Harrelson’s closet, gave them back as Christmas gifts, and Woody nearly cried
“I did have one Christmas where I had to go over to my friend Woody Harrelson's house ... they're opening presents and I have an idea. I kind of go out the door, like I'm going to my car, and I run around the house and I go in through the sliding doors that leads to the bedroom and Woody's closet”
“I grab a sweater, some shoes, run back around, put it in a bag, walk in, I go, 'Merry Christmas, Woody' ... He's like, 'This is incredible' ... He tries the shoes and he's like a little kid jumping up and down going, 'They're perfect. They're unbelievable'”
“And then they go back to opening presents and I kind of press my luck. I go out again, run around ... now he's almost in tears like, 'You got me more stuff' ... Then he takes a shirt out. He's like, 'Dude, this looks familiar' ... I said, 'I gave you the greatest gift of all this Christmas, appreciating what you already have'”
💀💀💀💀💀 @galileo_humkins
Raj 🐝 retweeted
And this is why we do AMC A-List because why are you still paying even though you have a membership?! with AMC, EVERY FORMAT is included in the monthly price. 10000% worth it.
Y'all @RegalMovies is trippin with these imax prices. Like, what do you mean every new movie is more expensive than the last??
cc @JDonsports
Raj 🐝 retweeted
AMC gives you 4 movies a week (16 a month) in ANY. FORMAT.. that trumps any other theater subscription.
cc @stephero
