Air Jordan sneakers expected to set new record for sports shoe | AFP

Eleven pairs of Nike sneakers worn by basketball superstar Michael Jordan are being auctioned from Thursday, including a set that could smash the record for a sports shoe.

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How New Balance Sneakers Are Made | The Making Of

New Balance wasn’t always considered the “cool shoe,” as most sneakerheads turned towards Nike or Adidas. However, as of late, more and more people are choosing New Balance sneakers for its comfort and support. Star athletes like Coco Gauff, Kawhi Leonard, and Sadio Mané are turning towards the brand as their go-to sneaker on the court and on the field. Insider’s Fabiana Buontempo visited New Balance’s factory in Lawrence, Massachusetts to learn what goes into making these sneakers.

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How New Balance Sneakers Are Made | The Making Of

Pence calls out Nike, NBA for kowtowing to China

Vice President Mike Pence has taken a swipe at Nike and the NBA in a speech criticizing China’s record on trade and human rights. Pence accused the basketball league of acting like a “subsidiary” of China’s government in Thursday’s remarks. (Oct. 24)

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Doping techniques | AFP Animé

Videographic looking at doping techniques in sport. Nike said on Friday it plans to shut down its Oregon Project training group after top athletics coach Alberto Salazar was banned for four years for doping.VIDEOGRAPHIC

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Michael Avenatti charged with extortion in NYC

Michael Avenatti, the attorney best known for representing porn actress Stormy Daniels in lawsuits against President Donald Trump, was arrested in New York Monday on charges he tried to extort millions of dollars from Nike. (March 25)

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US fencer Ibtihaj Muhammad on France hijab row

Interview with US fencer Ibtihaj Muhammad, who weighed in on the row over the marketing of a sports version of the hijab Muslim headscarf in France. She spoke to AFP after taking part in the Nike show to present women’s World Cup football jerseys in Paris last night. It is the first time the kit has been specifically designed for women players, who had previously worn the same jerseys as their male counterparts.

How Tim Cook Makes And Spends His Millions

Apple CEO Tim Cook’s estimated net worth is $625 million, lower than most of his tech CEO peers, and he spends his wealth much more frugally than many others. His leadership at Apple has led to a shift in philanthropic giving.

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Following is a transcript of the video:

Tim Cook is worth an estimated $625 million. As the CEO of Apple, he’s the first openly gay CEO in the Fortune 500. And in 2018, Apple became the first US company ever to be worth $1 trillion. But compared to his counterparts in the tech world, his net worth is pretty modest. Google founder and Alphabet CEO, Larry Page, is worth $53 billion. Facebook CEO, Mark Zuckerberg, is worth just under $70 billion. And Amazon CEO, Jeff Bezos is the first person in modern history to accumulate a fortune north of $100 billion

Cook doesn’t lead a lavish lifestyle and has said, “I like to be reminded of where I came from, and putting myself in modest surroundings helps me do that.” The Alabama native had a humble start in life as the son of a shipyard worker and pharmacy employee.

When he was promoted as Apple’s CEO in 2011, his base salary was $900,000, and has risen to $3 million in 2017. He also receives a cash incentive based on the company’s performance, which pushed his total pay for 2017 to over $12 million. But his net worth consists mainly of $622 million worth of Apple’s stock and options he has collected since becoming CEO. And $3.4 million of Nike stock options he gets as a member of Nike’s board of directors.

So, how does Apple’s leader spend his fortune? Quite differently than other CEOs of tech giants. In 2012, he bought a 2,400 square foot home in Palo Alto, for $1.9 million, the median cost of a home in Palo Alto in 2018 is $3.3 million. And his frugality doesn’t stop at the housing market. He reportedly buys his underwear at Nordstrom’s semi-annual sale.

But Cook does splurge when it comes to donating to good causes, a philosophy that differs from that of his predecessor, who lacked a record of public giving. He encourages his employees to give and has led Apple into many philanthropic endeavors. In 2011, he instated a company-wide, nonprofit donation matching program. Over the past 10 years, Apple has contributed $130 million to help RED fight AIDS, $100 million to advance diversity in tech, through President Barack Obama’s Connected initiative, $50 million to hospitals, and more.

Cook practices what he preaches, too. He’s donated to civil rights efforts and in 2018, he donated more than 23,000 shares of his Apple stock, valued at just under $5 million to an undisclosed charity. He also regularly makes campaign donations. He’s hosted fundraisers for Barack Obama and Hillary Clinton and in 2016, he donated $236,000 to the Hillary Victory Fund.

Cook’s altruism even applies to his future financial plans. He intends to use his wealth to put his nephew through college. And upon his death, he plans to give away all his money to good causes. He told Fortune magazine, “You want to be the pebble in the pond that creates the ripple for change.” 

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How Tim Cook Makes And Spends His Millions

Pressure ramps up on Ronaldo amid rape investigation

Just a few days after Cristiano Ronaldo was accused of raping a woman in a Las Vegas hotel in 2009, the football star has been left out of the Portuguese national squad for its upcoming matches in October and November, and Nike has taken the rare step of expressing concern about one of its own athletes. Kathryn Mayorga, an American former model, decided to go public with her allegations as a result of the #MeToo movement, her lawyer says.

Jenifer Lewis supports Colin Kaepernick

(18 Sep 2018) ‘Black-ish’ actress Jenifer Lewis sported a Nike ensemble at the Primetime Emmy Awards, saying she chose the outfit “in support of Colin Kaepernick’s protest against police brutality and racial injustice.” (Sept. 18)

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Jenifer Lewis in Nike, Johansson a goddess at Emmys

(18 Sep 2018) Stars made a parade of fashion on the Emmys new gold carpet including Jenifer Lewis of “black-ish” fame in Nike and Scarlett Johansson in a white Balmain gown. (Sept. 17)

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Regina Hall on Kaepernick: ‘I’m gonna go buy some extra Nikes’

(10 Sep 2018) Stars of police brutality drama “The Hate U Give” express their admiration for Colin Kaepernick and discuss Nike’s decision to employ him in their latest ad campaign. (Sept. 10)

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Trump talks NYT ‘treason,’ Nike and Kavanaugh

(6 Sep 2018) At a rally in Montana, President Trump said that the anonymous New York Times op-ed criticizing him is “treason.” Later, he went on to discuss Nike’s ad campaign with former NFL player Colin Kaepernick and Supreme Court nominee Brett Kavanaugh. (Sept. 6)

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NYFW opens with celebration of inclusivity

(6 Sep 2018) At the start of New York Fashion Week, the Runway of Dreams foundation presented a fashion show featuring people with disabilities wearing adaptive clothing by Nike, Tommy Hilfiger and Target. (Sept. 6)

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LeBron James says in Kaepernick reference: I stand with Nike

(5 Sep 2018) LeBron James says ‘I stand with Nike’ after Colin Kaepernick ad. James made the remarks as he received an award for both his style and his philanthropy from the Harlem’s Fashion Row fashion collective. The Manhattan dinner was presented by Nike, and a new LeBron James signature women’s sneaker was revealed, designed by three female designers. (Sept. 5)

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ShowBiz Minute: Spacey, Cosby, Kaepernick

(5 Sep 2018) Los Angeles prosecutors reject sex abuse cases involving Spacey, Seagal; Prosecutors ask for accusers to testify at Cosby sentencing; Serena Williams praises Nike’s endorsement deal with Colin Kaepernick. (Sept. 5)

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Nike guests reflect on Kaepernick support

(5 Sep 2018) Guests show support for Nike’s Colin Kaepernick advert at New York event, while David Hollander from NYU Tisch Institute for Global Sport reveals the strategy behind the decision. (Sept. 5)

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Nike Probably Doesn’t Mind If Angry White Dudes Burn Their Shoes (HBO)

Over the Labor Day weekend, some people chose to exercise their rights as Americans to burn their shoes.

They uploaded videos and images of themselves destroying their own Nike products to protest Nike’s new campaign, which features the face of Colin Kaepernick and the caption, “Believe in something. Even if it means sacrificing everything.”

The ad references Kaepernick’s choice to kneel during the pregame national anthem in protest of police treatment of minorities — a protest that, according to multiple polls, most Americans don’t approve of. So why would a company as big as Nike want to sacrifice a big chunk of their customer base for politics?

In short, because it’s not politics. It’s business. And Nike is gambling that the people who are angry about the ad won’t affect their bottom line much.

“I think Nike is very okay with losing those people as customers,” says Ian Schafer, founder and former CEO of Deep Focus, which has worked with Nike in the past.

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AP Top Stories September 4 p

(4 Sep 2018) Here are the top stories for Tuesday, September 4: Fireworks at the Brett Kavanaugh Senate confirmation hearing; Amzon hits $1 trillion; Kushner firm in trouble; Colin Kaepernick featured in Nike campaign.

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Brand expert: Nike-Kaepernick deal a win for both

(4 Sep 2018) NYU sports marketing professor David Hollander says the endorsement deal between Nike and Colin Kaepernick is a win for both, and gives the NFL a chance to focus on football instead of politics. (Sept. 4)

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AP Top Stories 4 A

(4 Sep 2018) Here’s the latest news for Tuesday, September 4th: Supreme Court nominee Brett Kavanaugh faces Senate hearing; Tropical Storm Gordon strengthens; Powerful Typhoon Jebi slams into Japan; Kaepernick gets Nike deal.

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Gang garment? Nike’s controversial headgear sparks debate in UK

Nike is facing backlash in the UK after releasing a controversial garment. Some saying the company is cashing in on gang culture.

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What Makes Nike’s Air Monarchs An Iconic Dad Sneaker

When Jason Mayden—former brand director of Jordan Brand and founder of Super Heroic—received the task of redesigning the Air Monarch II, he didn’t know that it would become one of Nike’s best selling shoes. With support from Michael Jordan, Mayden designed a shoe that would become a household staple with a cult following.

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This Is What It’s Like To Fly Over The Super Bowl In An Air Force F-16

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There are few things as “USA, USA” as the in-formation military flyover at a sporting event.. As a fan, there’s really nothing quite like the sensation of being in a packed stadium, hyped for the game to start, then hearing jets roar overhead right at the climax of the national anthem.

I wanted to find out how this works first hand, so we headed to Minneapolis and linked up with the Air Force team getting ready to do the flyover of Super Bowl LII.

There isn’t a more high profile event in American sports, so getting the timing right is essential. Pilots in the air have to be in constant communication with the team on the ground to make sure they pass over the stadium at exactly the right moment. Every second counts when you’re trying to get a flyover just right.

My pilot, Maj. John “Rain” Waters, explained how the process works. Basically, the jets take off early and circle a 12 mile radius around the stadium. The team knows how long it will take to fly to the stadium, and the team at the Super Bowl knows how long it will take P!nk to sing the national anthem. The trick is to start the approach so you’re flying over just as the singer is belting out “home of the brave.”

Lt. Col. Chris “Nike” McAlear was the Air Force lead at U.S. Bank Stadium, where the Super Bowl was held. His job was to keep the pilots aware of any schedule changes to make sure they can adjust in time.

But these flyovers have a real military training purpose. Close air support missions require perfect timing on the battlefield, otherwise you might bomb the wrong troops. Stadium flyovers offer the opportunity for pilots to train how to be at a given place at an exact time.“What this does is forces our pilots to go up there and recalculate speeds and routes” to make sure they pass overhead at just the right time.

The Air Force wasn’t able to tell me the exact cost of the flyover, but they did explain that flyovers are typically at no additional cost to the taxpayer (other outlets have estimated the cost of previous flyovers at $450,000) as the funds for the flights come from training budgets.

How Serena Williams Makes And Spends Her Millions

Serena Williams has won a record 23 Grand Slam singles titles. $84M in career prize money, $50M more than any other female tennis players. Winning percentage: 86%. The 36-year-old turned pro in 1995. Endorsements include Beats by Dre, Gatorade, JPMorgan Chase, Nike, Tempur-Pedic, Aston, Martin, Audemars Piguet, Intel, and Wilson.

She’s been on SurveyMonkey’s board since May 2017. Married Reddit co-founder Alexis Ohanian in November 2017. She wore $3.5M worth of jewelry and changed designer dresses 3 times. There was even a carousel. In 2009, Venus and Serena became partial owners of the Miami Dolphins. The sisters will donate $1M to the American Tennis Association. She purchased a $6.7M Beverly Hills mansion. She founded The Serena Williams Fund which focuses on education and community development. She’s also a UN Goodwill Ambassador. Is there anything Serena Williams can’t do?

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