Univ. Of Michigan Spurns Adidas For Nike Time Inc. Buys Companies That Will Form SI Play Tennessee Unveils New Nike Uniforms What I Like With ESPN's Michelle Beadle ESPN Denies Wanting To Dial Down Olbermann Nike's Phil Knight Stepping Down In '16 Reebok Important For Future UFC TV ESPN Changes Format For MLB ASG Reveal Tennessee Ready For Nike Transition Nike Sees Sales Rise 4.8% In Q4
SBD/24/Sponsorships Advertising Marketing
Published February 24, 1998
NOTES: BUSINESS WEEK reports that spending on sports sponsorship is projected to reach over $4.5B in '98 (BUSINESS WEEK, 3/2)....Ryan Leaf signed NJ-based ISI to become his exclusive marketing rep. ISI Exec VP Steve Rosner: "From matching Ryan with the top companies to fulfilling some of his civic and charitable goals, our objective is to build relationships that will continue long after his playing days are over" (ISI)....Former Giants WR Phil McConkey signed with MGP Crisis Sports PR, a division of NY-based MGP & Associates, for PR counseling (MGP). MORE NEWS: FORBES' Daniel Roth "sizes up" the shoe/ sunglasses dispute between Nike's Phil Knight and Oakley's Jim Jannard. Roth: "Nike had defined the sports shoe market and has bloodied its big competitors. Ego aside, Jannard might be better off hunting elsewhere" (FORBES, 3/9 issue). ...TIME's "Tech Watch" features Reebok's new, $100 Lightning sneaker, calling it "one smart shoe." The DMX-enhanced sneaker adapts to pressure by distributing it through six chambers, creating "extra cushioning" (TIME, 3/2 issue). ...Nike will feature a 16-page insert -- "Life Above the Ankles/Evolution of Skin" -- in the March and April issues of GQ, Details, SI, ESPN, Rolling Stone, Vibe and Men's Journal, while its 12-page insert will appear in Glamour, Conde Nast Sports For Women and Sharpe (THE DAILY).