Nike Files Flurry Of Tech Patent Ohio State Licenses LeBron James Shoes, Jerseys Jordan Releases Space Jam Shoe Campaign Adidas, Under Armour Inch Closer To Nike Westbrook Being Groomed By Jordan Brand Ronaldo Signs Lifetime Deal With Nike Nike's Boston Effort Heavy On Celts' Thomas Bryant Picks "Day of Death" Theme For Shoe Launch McEnroe Unhappy With Lack Of Nike Tennis Spots McIlroy: No Timeline On New Equipment Provider
SBD/3/Sponsorships Advertising Marketing
NIKE BUYS TITLE-SPONSORSHIP RIGHTS TO WORLD MASTERS GAMES
Published March 3, 1997
Nike is "lending" its name to the Nike World Masters Games, a 14-day multisport event for athletes age 30+, according to Melanie Wells of USA TODAY. Co-hosted by the city of Portland, OR, the World Masters Games are scheduled for August '98. Wells notes that Nike's title sponsorship costs $3.5M, and Games GM Doug Single is searching for other sponsors to bring in a total of $20M. United Airlines "will be affiliated," and Single is "courting" Coca-Cola, PepsiCo, Sun Microsystems and IBM, among others (USA TODAY, 3/3).