History
•Early in 1984, Nike was a struggling shoe company.
•The ‘ running shoe’ phenomenon of previous years was slowly dying and they needed a way to revitalize and
reinvent themselves
•Nike approached Michael Jordan for a celebrity endorsement as Nike saw something special in Michael
Jordan, though. They saw a chance, an opportunity.
•He was a champion with personality, charisma, and heart, and they were willing to put the company on the
line. They knew from the beginning that he would be a star and wanted to help him get there.
•Jordan, though, had other ideas. He had always preferred Adidas or the Converse shoes endorsed by North
Carolina Coach, Dean Smith, and hoped to sign on with either company.