Nike is close to inking a huge endorsement deal with Caitlin Clark

seekingalpha04-18

Nike (NYSE:NKE) is closing in on inking an endorsement deal with Caitlin Clark, according to The Athletic. Sources indicated that the eight-figure endorsement deal would include a signature Nike shoe....

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Sources indicated that the eight-figure endorsement deal would include a signature Nike shoe....</p>\n\n<a href=\"https://seekingalpha.com/news/4090914-nike-is-close-to-inking-a-huge-endorsement-deal-with-caitlin-clark\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nike is close to inking a huge endorsement deal with Caitlin Clark</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNike is close to inking a huge endorsement deal with Caitlin Clark\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-18 19:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4090914-nike-is-close-to-inking-a-huge-endorsement-deal-with-caitlin-clark><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nike (NYSE:NKE) is closing in on inking an endorsement deal with Caitlin Clark, according to The Athletic. Sources indicated that the eight-figure endorsement deal would include a signature Nike shoe....</p>\n\n<a href=\"https://seekingalpha.com/news/4090914-nike-is-close-to-inking-a-huge-endorsement-deal-with-caitlin-clark\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1496350171.SGD","symbol_name":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","start_time":0,"source_url":"https://seekingalpha.com/news/4090914-nike-is-close-to-inking-a-huge-endorsement-deal-with-caitlin-clark","article_id":"2428560506","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/458657239/image_458657239.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2428560506","pubTimestamp":1713441551,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Nike (NYSE:NKE) is closing in on inking an endorsement deal with Caitlin Clark, according to The Athletic. 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Sources indicated that the eight-figure endorsement deal would include a signature Nike shoe. The Beaverton, Oregon-based company currently has a shoe deal with WNBA star Sabrina Ionescu called the Sabrina 1. Caitlin Clark is reported to have also been approached by Under Armour (UAA) and Adidas (OTCQX:ADDYY). The previous deal between Caitlin Clark and Nike (NKE) expired after the conclusion of the recently finished college basketball season. Clark's popularity skyrocketed during the course of the basketball season, which saw her set the all-time NCAA scoring record and lead her team to the championship game. Clark's Iowa Hawkeyes set attendance records both home and away, while games featuring Caitlin Clark saw sky-high viewership ratings. Earlier in the week, the WNBA draft saw its viewership explode 400% from a year ago, due in part to the Caitlin Clark Effect. Shares of Nike (NKE) have picked up momentum over the last week after the company held a high-profile product launch in Paris, the site of the Summer Olympics in just a few months. The event covered the launch by Nike (NKE) of its Blueprint Pack offering, consisting of 13 new products across track shoes, basketball shoes, soccer shoes, and lifestyle shoes. The main attraction was reported to be the 41st version of Nike's (NKE) Pegasus shoes, which is considered the centerpiece of the running business. The new Pegasus Premium silhouette was called an \"upgraded and elevated take on one of the brand's most recognized and celebrated running shoes\" in one review. The Pegasus 41 will be available to consumers in June through Nike's (NKE) online store and retail partners. Seeking Alpha analysts Jeffrey Adams and Vinay Utham both recently published bullish articles on Nike (NKE).  More on Nike  Betting On The Swoosh: Why Nike Deserves A Spot In Your Portfolio Nike: Gearing Up For The Olympics Through Innovation Nike: China Growth Engine Does Not Exist Anymore Nike momentum picks up ahead of high-profile product launches Nike rallies after BofA says product innovation will boost shares","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2428560506"}