Monday 19th November 2018,
Balltribe

Nike Nearly Cut Ties With Kaepernick in 2017

Nike Nearly Cut Ties With Kaepernick in 2017

kaepernick

Colin Kaepernick was named the face of Nike’s “Just Do It” 30th-anniversary campaign earlier in September, but the company nearly let him go back in 2017.

Last summer Nike executives contemplated whether or not to cut ties with the quarterback due to potential bad press, but ultimately decided to allow his contract to expire in 2019. The decision to keep Kaepernick on the payroll, was reportedly motivated by concern that Nike “would face backlash from the media and consumers if it was seen as siding with the NFL.”

Nike’s ad agency, Wieden & Kennedy then “urged” the company to use Kaepernick in its 30th-anniversary campaign despite the potential for pushback from the NFL, one of Nike’s most important business partners.

Now, nearly a month later the 30th anniversary video has garnered more than 80 million views on Twitter, Instagram and YouTube and Nike’s stock price hit an all-time high at $83.47 less than two weeks after the ad campaign announcement.

The former San Francisco 49ers quarterback received widespread praise for his involvement in the campaign with many also celebrating Nike for prominently featuring him in the series. Kaepernick has since signed deals to write a book, which is set to be published next year and will be accompanied by a speaking tour, and to develop a comedy series.

Nike CEO Mark Parker said company executives are proud of the ad campaign and announced a 10 percent rise in revenue and 15 percent jump in profit in its first quarter.

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