MEGA New Miami Adidas Ultraboost🔥 - The Shoe and Nike/Adidas Thread.

Its actually almost as if this changes the argument I made literally 0 lol. I do wonder if at any point you will ever admit you have been basically fully misrepresenting my argument the entire time lol. Half his main point, yet again, is about the contract length. Do I gotta find the post where I clearly pointed to all the evidence of me agreeing with that point the entire time, which you just happen to ignore/lie about? lol. Like Come on....

And I'd hope a brand new contract outperformed ours in year what 10 of our deal lol. The argument has literally never been is it possible to make more with a lower base amount lol. But if we have a new offer from Adidas with a base contract value of $15M vs Arizonas $5M, then it's maybe up for debate on who makes more, and whether the more money upfront guaranteed is likely or not to be surpassed with a back-end heavy contract.... You know my entire point the entire time lol....


Go ***** yourself with this dopey argument.

I don't give two ***** if you can be dragged, kicking and screaming, into an admission that the length of the contract is too long.

You continue to lie and spin and act as if you have not previously touted the "guaranteed money" that adidas promised which you assume exceeded what Nike offered (which we cannot know for certain, due to fact that Beta Blake lied about everything involved).

Again, you choose to ignore and deny the central part of the argument related to compensation. That a HIGH ROYALTY contract for a TOP TEN BRAND will always outearn some pathetic "guarantee" of cash. Just like your hero, Beta Blake, you continue to put forth a false argument that caters to the lazy ***** crowd of "pay me, I don't want to do any work to improve my sales, just pay me a guarantee and let me feel like I've actually done something".

Here's the sad thing. You can pat yourself on the back for actually granting your superiors a "partial win" (as you "agree" with us that the contract term was too long). But the reality is that I have spoken with many people at UM who are far closer to these issues than you are. And the regular refrain is that there was a culture change that occurred when Shalala secured us the ACC bag (which on its face should be a good thing) while entrusting the athletic department to unqualified ***** like The Shermanator and Beta Blake. And, ****, we can probably even include Mr. One Eye on a Better Job Kirby Hocuntt too. By delegating power and an unprecedented budget on young boys who didn't know what it was like to turn an Independent UM dime into a million, we lost our incentive and motivation to outwork every other better-funded athletic department.

No worries, though, you are sooooo proud of some "guaranteed apparel contract", even though it has had the reverse impact on UM Athletics that it was intended to have. We no longer are a market leader. We no longer outsell our fellow Top 10 Brand universities. We no longer have shoes or apparel that are the best of the best. We are associated with the "Burger King" of the apparel business. We are not, nor have we ever been the "flagship" program of adidas. That honor is reserved for Louisville. And soon to be Tennessee.

@Rellyrell has continued to post the complaints from other adidas school alums/fans who have realized what we've been describing for years. The breadth of adidas offerings of branded UM merchandise is anemic compared to Nike and Jordan Brand. The resale value is not there. The "hot new products" each year are soon available at markdown prices. The player-exclusives are nearly non-existent (oh, but that Fear of God crap was da bomb!). We never got UM Yeezys, even before he became a Nationalist Socialist and wrote a song about how he gave his cousin head. We haven't had a true UM Ultraboost shoe in, what, 4 years (and UltraBoost is the only non-player-name-model that is worth a ****). Where are the Miami Hardens available to the general public? Where are the Miami Dames available to the general public?

At least New Balance and Under Armour and Reebok and every other brand can admit they are distant "third place at best" and don't try to tell lies to a bunch of schools about making them a "flagship". adidas is like the University of Florida back in the day, they act like they are Alabama when their accomplishments are Vanderbilt. adidas is not good.

But you're going to keep yapping about the guaranteed money.

@Rellyrell and I have tried. We have explained that the "sticker price" of the contract is roughly 1/3 equipment/player merchandise and roughly 1/3 activation/marketing. Which SHOULD mean that the only aspect of the contract that we need to debate is the 1/3 portion devoted to the money generated by merch sales to the public, either as a guaranteed payment, a straight royalty payment, or some mixture of the two.

But you keep trying to humble-brag about how you know that a 12 year contract is too long, while denying the truth about how much a 15% royalty contract would pay Miami, over and above our "negotiated-ten-years-ago" guaranteed pittance.

adidas could give Miami a raise. But they won't. They're going to ride out this gravy train until we end it.

Thanks for admitting that 12 years is too long. If adidas really believed in Miami, they would give us the SAME ANNUAL PRICE they would offer for a 12 year contract ON A ONE-YEAR BASIS. But they won't.
 
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Its actually almost as if this changes the argument I made literally 0 lol. I do wonder if at any point you will ever admit you have been basically fully misrepresenting my argument the entire time lol. Half his main point, yet again, is about the contract length. Do I gotta find the post where I clearly pointed to all the evidence of me agreeing with that point the entire time, which you just happen to ignore/lie about? lol. Like Come on....

And I'd hope a brand new contract outperformed ours in year what 10 of our deal lol. The argument has literally never been is it possible to make more with a lower base amount lol. But if we have a new offer from Adidas with a base contract value of $15M vs Arizonas $5M, then it's maybe up for debate on who makes more, and whether the more money upfront guaranteed is likely or not to be surpassed with a back-end heavy contract.... You know my entire point the entire time lol....

Six lols?
 
Go ***** yourself with this dopey argument.

I don't give two ***** if you can be dragged, kicking and screaming, into an admission that the length of the contract is too long.

You continue to lie and spin and act as if you have not previously touted the "guaranteed money" that adidas promised which you assume exceeded what Nike offered (which we cannot know for certain, due to fact that Beta Blake lied about everything involved).

Again, you choose to ignore and deny the central part of the argument related to compensation. That a HIGH ROYALTY contract for a TOP TEN BRAND will always outearn some pathetic "guarantee" of cash. Just like your hero, Beta Blake, you continue to put forth a false argument that caters to the lazy ***** crowd of "pay me, I don't want to do any work to improve my sales, just pay me a guarantee and let me feel like I've actually done something".

Here's the sad thing. You can pat yourself on the back for actually granting your superiors a "partial win" (as you "agree" with us that the contract term was too long). But the reality is that I have spoken with many people at UM who are far closer to these issues than you are. And the regular refrain is that there was a culture change that occurred when Shalala secured us the ACC bag (which on its face should be a good thing) while entrusting the athletic department to unqualified ***** like The Shermanator and Beta Blake. And, ****, we can probably even include Mr. One Eye on a Better Job Kirby Hocuntt too. By delegating power and an unprecedented budget on young boys who didn't know what it was like to turn an Independent UM dime into a million, we lost our incentive and motivation to outwork every other better-funded athletic department.

No worries, though, you are sooooo proud of some "guaranteed apparel contract", even though it has had the reverse impact on UM Athletics that it was intended to have. We no longer are a market leader. We no longer outsell our fellow Top 10 Brand universities. We no longer have shoes or apparel that are the best of the best. We are associated with the "Burger King" of the apparel business. We are not, nor have we ever been the "flagship" program of adidas. That honor is reserved for Louisville. And soon to be Tennessee.

@Rellyrell has continued to post the complaints from other adidas school alums/fans who have realized what we've been describing for years. The breadth of adidas offerings of branded UM merchandise is anemic compared to Nike and Jordan Brand. The resale value is not there. The "hot new products" each year are soon available at markdown prices. The player-exclusives are nearly non-existent (oh, but that Fear of God crap was da bomb!). We never got UM Yeezys, even before he became a Nationalist Socialist and wrote a song about how he gave his cousin head. We haven't had a true UM Ultraboost shoe in, what, 4 years (and UltraBoost is the only non-player-name-model that is worth a ****). Where are the Miami Hardens available to the general public? Where are the Miami Dames available to the general public?

At least New Balance and Under Armour and Reebok and every other brand can admit they are distant "third place at best" and don't try to tell lies to a bunch of schools about making them a "flagship". adidas is like the University of Florida back in the day, they act like they are Alabama when their accomplishments are Vanderbilt. adidas is not good.

But you're going to keep yapping about the guaranteed money.

@Rellyrell and I have tried. We have explained that the "sticker price" of the contract is roughly 1/3 equipment/player merchandise and roughly 1/3 activation/marketing. Which SHOULD mean that the only aspect of the contract that we need to debate is the 1/3 portion devoted to the money generated by merch sales to the public, either as a guaranteed payment, a straight royalty payment, or some mixture of the two.

But you keep trying to humble-brag about how you know that a 12 year contract is too long, while denying the truth about how much a 15% royalty contract would pay Miami, over and above our "negotiated-ten-years-ago" guaranteed pittance.

adidas could give Miami a raise. But they won't. They're going to ride out this gravy train until we end it.

Thanks for admitting that 12 years is too long. If adidas really believed in Miami, they would give us the SAME ANNUAL PRICE they would offer for a 12 year contract ON A ONE-YEAR BASIS. But they won't.
200.webp

Same exact argument. And I have the same exact defense to it all, and it all still applies perfectly. It all boils down to contract length being the by far biggest problem. Obviously. if it was an 8 year contract, there is zero issue. But I'm sure you won't agree with that lol
It's funny to say you note every team that leaves adidas with complaints, but every new team that chooses them... crickets lol
 
200.webp

Same exact argument. And I have the same exact defense to it all, and it all still applies perfectly. It all boils down to contract length being the by far biggest problem. Obviously. if it was an 8 year contract, there is zero issue. But I'm sure you won't agree with that lol
It's funny to say you note every team that leaves adidas with complaints, but every new team that chooses them... crickets lol


"If it was an 8 year contract, there is zero issue".

That's your final answer?

We are in Year 10 of a 12 year contract. ****, this THREAD started 5 years ago (I realize it wasn't "always" a pro-Nike/anti-adidas thread, but bear with me).

Do you honestly believe that the bad aspects of the adidas contract have only arisen in the past 2 years? And that if we ONLY had a chance to go back to Nike in 2023 or re-up with adidas in 2023, everything would now be fine, and that the 8 years with adidas were perfect and blameless?

Allow me to address merely your final sentence, since you seem to think that you have made some sort of brilliant point.

First, I'm not the one cataloging "every team that leaves adidas with complaints". That is more of a @Rellyrell thing, and I don't think he is citing it just because of "complaints". Because I'm sure that every team that leaves one apparel company for another has some sort of complaint, event the invented complaints that Beta Blake provided when he slandered Nike to make way for an easy adidas victory.

I am copy-pasting just a brief snapshot of a January 8, 2015 article by Jerry Steinberg from State of the U. It's pretty indicative of how Beta Blake spread a bunch of rumors to support the move to adidas:

1750178837868.png


Myself and @Rellyrell have tried to explain points A and B to you, but you refuse to listen to reason.

A. Miami was not "lowballed" unless you ONLY AND EXCLUSIVELY look at a "guaranteed payment" as the only form of payment you will ever receive. Both myself and @Rellyrell have acknowledged that Nike offered a low-guarantee/high-royalty deal in order to address what they felt was Beta Blake acting in bad faith (more below) and to incentivize Miami to be more active in helping to sell UM merchandise.

B. Miami was "treated with less priority" due to the actions of Beta Blake in CONVERTING some of Miami's equipment/player-merch allowance into straight cash payments in order to pump up UM's bottom line. As a direct result, Miami did not always have new equipment and jerseys for practice, so it was easy to ENGINEER an apparent conclusion that made it seem like Nike was giving Miami short shrift.

Now, if you want to put your fingers in your ears and keep repeating "but adidas offered a higher guaranteed payment", that is your right as a person. But it's not very smart or perceptive as to what really happened.

As for why some teams leave other apparel companies to sign with adidas, we've been telling you all along. We don't deny that adidas can appear to offer more money (or at least more than a university was getting before signing with adidas). We don't deny that adidas can make promises. And we certainly don't deny that with as many universities that Nike services, not every university will be top priority. Feelings will be hurt, egos will be damaged.

And that's the point. Miami is a Top 10 brand in college athletics. If we just win games, we sell merch hand-over-fist. ****, I wore an old UM 2022 baseball jersey to an ATLANTA BRAVES game, and I was getting all kinds of people throwing up the U and commenting to me and asking me about the Regionals (when we were up on Alabama). If you think that the ORIGINAL all-Nike school (Miami) will get "second-tier" treatment because of **** that Beta Blake did 12 years ago, when we are a TOP 10 COLLEGIATE BRAND, then you are sorely mistaken.

Have some pride. Have some confidence. Have some belief that Miami fans will buy a ton of Nike-branded merch. We did before, and we can do it again. Stop arguing for a motivation-sapping guaranteed-payment handout from a distant-second-place company like adidas.

PS, where are all these "new/cutting edge designs and products"? Many of our fans tend to brag about the longevity of our plain-vanilla football jersey under adidas. Are the parley jerseys "new/cutting edge"? Was Fear of God "new/cutting edge"? I'm not sure what you think is going on with the broken promises from adidas.

Here are the shoes we've been given lately:

AdiZero (the green is on the bottom of the shoe):
1750179884085.png


Centennial (ugly as **** and a Jordan Low/Dunk Low wannabe):
1750179958683.png


Rivalry (same, but in suede and with some color flipping, also a Jordan Low/Dunk Low wannabe):
1750180040864.png


AlphaBoost V2 (crap, they haven't made a good AlphaBoost in 7 years):
1750180114797.png


AlphaBoost V1 (gray crap):
1750180179758.png


Supernova (the worst of the worst, the white badge on the heel looks like a 2nd grade art project):
1750180244149.png


Honest to god, is it too much to ask for a decent UltraBoost, if not every year, then once every 2 years?

Come on, man, you can't pretend that the last 6 shoes that adidas has produced for Miami are in your regular rotation.
 
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"If it was an 8 year contract, there is zero issue".

That's your final answer?

We are in Year 10 of a 12 year contract. ****, this THREAD started 5 years ago (I realize it wasn't "always" a pro-Nike/anti-adidas thread, but bear with me).

Do you honestly believe that the bad aspects of the adidas contract have only arisen in the past 2 years? And that if we ONLY had a chance to go back to Nike in 2023 or re-up with adidas in 2023, everything would now be fine, and that the 8 years with adidas were perfect and blameless?

Allow me to address merely your final sentence, since you seem to think that you have made some sort of brilliant point.

First, I'm not the one cataloging "every team that leaves adidas with complaints". That is more of a @Rellyrell thing, and I don't think he is citing it just because of "complaints". Because I'm sure that every team that leaves one apparel company for another has some sort of complaint, event the invented complaints that Beta Blake provided when he slandered Nike to make way for an easy adidas victory.

I am copy-pasting just a brief snapshot of a January 8, 2015 article by Jerry Steinberg from State of the U. It's pretty indicative of how Beta Blake spread a bunch of rumors to support the move to adidas:

View attachment 328036

Myself and @Rellyrell have tried to explain points A and B to you, but you refuse to listen to reason.

A. Miami was not "lowballed" unless you ONLY AND EXCLUSIVELY look at a "guaranteed payment" as the only form of payment you will ever receive. Both myself and @Rellyrell have acknowledged that Nike offered a low-guarantee/high-royalty deal in order to address what they felt was Beta Blake acting in bad faith (more below) and to incentivize Miami to be more active in helping to sell UM merchandise.

B. Miami was "treated with less priority" due to the actions of Beta Blake in CONVERTING some of Miami's equipment/player-merch allowance into straight cash payments in order to pump up UM's bottom line. As a direct result, Miami did not always have new equipment and jerseys for practice, so it was easy to ENGINEER an apparent conclusion that made it seem like Nike was giving Miami short shrift.

Now, if you want to put your fingers in your ears and keep repeating "but adidas offered a higher guaranteed payment", that is your right as a person. But it's not very smart or perceptive as to what really happened.

As for why some teams leave other apparel companies to sign with adidas, we've been telling you all along. We don't deny that adidas can appear to offer more money (or at least more than a university was getting before signing with adidas). We don't deny that adidas can make promises. And we certainly don't deny that with as many universities that Nike services, not every university will be top priority. Feelings will be hurt, egos will be damaged.

And that's the point. Miami is a Top 10 brand in college athletics. If we just win games, we sell merch hand-over-fist. ****, I wore an old UM 2022 baseball jersey to an ATLANTA BRAVES game, and I was getting all kinds of people throwing up the U and commenting to me and asking me about the Regionals (when we were up on Alabama). If you think that the ORIGINAL all-Nike school (Miami) will get "second-tier" treatment because of **** that Beta Blake did 12 years ago, when we are a TOP 10 COLLEGIATE BRAND, then you are sorely mistaken.

Have some pride. Have some confidence. Have some belief that Miami fans will buy a ton of Nike-branded merch. We did before, and we can do it again. Stop arguing for a motivation-sapping guaranteed-payment handout from a distant-second-place company like adidas.
Yes, that's my final answer.

My point about less years is that a higher guarantee with less on the backend only really makes financial sense IF you aren't in an unnecessarily long contract. It is obvious with Adidas the guarantees were far higher than Nike. But the further into the contract you get the higher other programs guarantees out of new Nike deal are becoming and closer to our deal with Adidas, where it means the backend of those deals ends up earning you more money than we currently are. The logic is very very simple.

Again for like the millionth time, if Adidas were offering us a $100M/yr deal up front with literally zero on the backend or bonus' that's obviously better than any Nike deal with even like $10M up front and whatever it ends up being as royalty and bonuses. Right? This isn't me being a Miami hater to think our small private school that hasn't really had success in 20 years is going to be a top 5 selling brand in revenue... Okay so then just apply that same train of thought regarding up front money vs backend money until you find the point that is the least you would accept from Adidas to where you are confident the up front money will be more than Nike back end money. What is that amount? That's literally all I've been saying this entire time yet y'all act like people are too dumb to comprehend that you can make more in royalties. Uh no, I've just been saying over say the first 6-8 years I think we were making more from Adidas than we would have under Nike. This isn't complicated. And in fact Y'all have literally already agreed to this point before. Maybe I have to search for it just to show you just like I did showing how I always have said the contract length was a big negative even though you've been pretending I guess for years now that I haven't.

Where the big problem is, and I HAVE 1000% said this the ENTIRE TIME is when the contract is too long, Nikes offers slowly rise in their upfront guaranteed WHILE maintaining their superior back-end payouts. So effectively that equation of how much up front is worth no backend suddenly shifts higher, but when you are in a 12 yr contract as opposed to just an 8 year contract you have no way to shift that amount higher which is usually done when you are up for renegotiation, so then you're ****ed with making less than you would under Nike for like 4 years.

I mean we have been over this before but the entire idea that We should bank our apparel deal on us being a top 3-5 selling brand in College Sports imo is ludicrous, and not a bet I'd be making. If that is what it takes for the back-end to outweigh the front end of an Adidas deal, to me that literally means Adidas paid us more money, end of story. All this potential **** is irrelevant. What is actually likely? Luckily we are in a major metro so we have a chance at being top 5-10 in sales, but is it a bet worth making over guaranteed money?
 
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Yes, that's my final answer.

My point about less years is that a higher guarantee with less on the backend only really makes financial sense IF you aren't in an unnecessarily long contract. It is obvious with Adidas the guarantees were far higher than Nike. But the further into the contract you get the higher other programs guarantees out of new Nike deal are becoming and closer to our deal with Adidas, where it means the backend of those deals ends up earning you more money than we currently are. The logic is very very simple.

Again for like the millionth time, if Adidas were offering us a $100M/yr deal up front with literally zero on the backend or bonus' that's obviously better than any Nike deal with even like $10M up front and whatever it ends up being as royalty and bonuses. Right? This isn't me being a Miami hater to think our small private school that hasn't really had success in 20 years is going to be a top 5 selling brand in revenue... Okay so then just apply that same train of thought regarding up front money vs backend money until you find the point that is the least you would accept from Adidas to where you are confident the up front money will be more than Nike back end money. What is that amount? That's literally all I've been saying this entire time yet y'all act like people are too dumb to comprehend that you can make more in royalties. Uh no, I've just been saying over say the first 6-8 years I think we were making more from Adidas than we would have under Nike. This isn't complicated. And in fact Y'all have literally already agreed to this point before. Maybe I have to search for it just to show you just like I did showing how I always have said the contract length was a big negative even though you've been pretending I guess for years now that I haven't.

Where the big problem is, and I HAVE 1000% said this the ENTIRE TIME is when the contract is too long, Nikes offers slowly rise in their upfront guaranteed WHILE maintaining their superior back-end payouts. So effectively that equation of how much up front is worth no backend suddenly shifts higher, but when you are in a 12 yr contract as opposed to just an 8 year contract you have no way to shift that amount higher which is usually done when you are up for renegotiation, so then you're ****ed with making less than you would under Nike for like 4 years.

I mean we have been over this before but the entire idea that We should bank our apparel deal on us being a top 3-5 selling brand in College Sports imo is ludicrous, and not a bet I'd be making. If that is what it takes for the back-end to outweigh the front end of an Adidas deal, to me that literally means Adidas paid us more money, end of story. All this potential **** is irrelevant. What is actually likely? Luckily we are in a major metro so we have a chance at being top 5-10 in sales, but is it a bet worth making over guaranteed money?


I'm going to make this easy.

I don't think you understand what "the backend" is. You seem to think it's "the later years of the contract" when it is not.

You compute sales on an annual basis. You usually have a clause that says something like "we will pay you $2M for the year, and after you hit $X million of sales in a year, you will then receive a 15% royalty on all additional sales."

What that means is the following. In the summer months, when the year begins (for a collegiate apparel deal), you get nothing beyond the guarantee. Now, the guarantee is not computed at a "15% royalty" rate. Thus, if your sales threshold was $13.333 million for the $2 million payout, that would mean that you'd be getting a 15% royalty for ALL of your sales, no matter what. Which ain't happening, it would render the guarantee nearly meaningless. So the threshold might be $20 million. Thus, you'd get $2 million for the first $20 million of sales, which is like a 10% "royalty", so to speak. And then for all your sales AFTER $20 million, you'd get a 15% royalty.

Now, there are two extremes.

The first extreme is that you get ZERO guarantee, and ONLY royalty. So if you got a 15% royalty, and "only" sold $10 million of merch, you'd get $1.5 million. Of course, if you sold $30 million of merch, you'd get $4.5 million.

The second extreme is that you get paid ONLY guarantee. So if your guarantee was $2 million, you'd get that, no matter if you sold $10 million or $30 million of merch.

The "in-between of the extremes" is a mixture of guaranteed-payment and royalty-sales. Thus, in my prior example, you'd get the $2 million guarantee on the first $20 million of sales, and then another $1.5 million royalty on the additional $10 million of sales, for a todal of $3.5 million.

Now, do not treat these numbers as some sort of Biblical fact. They are there to illustrate a point, not to prove a point. Without knowing the specifics of a contract, it is HARD to demonstrably prove which is better.

But what we CAN conclude is that the heavier you go towards royalties only WHEN YOU SELL A TON OF MERCH, the more you will be paid. That's just logic. And math.

What's hilarious about YOUR argument is that you constantly invent some sort of crazy number like $100 million per year. I've never denied that an INSANE and unrrealistic "guarantee" number could, in all likelihood, exceed almost any "royalty only" deal. But on my side, I give you industry standard numbers, such as a 15% royalty. I guess if I wanted to invent magical numbers too, I could talk about a "100% royalty", right?

Please do not confuse the eventual rise in contract (total) amounts that take place over a decade timeframe with the annual calculation of royalty payments. On this issue, I assure you that I know what I'm talking about, as most of NASCAR's revenues (when I worked there) arose from either the TV contracts or the ROYALTY payments. Now that NASCAR and ISC have merged, NASCAR also makes money from ticket sales.

Finally, please remember that the "total" value of a contract is NOT NOT NOT all about merch sales. Only about 30-40% of the total stated value of the contract comes from merch-sales/royalties. The other components are EQUIPMENT provisions (all of our helmets, pads, jerseys, and the player-edition gear such as sweatshirts, t-shirts, shorts, etc.) and ACTIVATION (the co-branded marketing expenditures that Nike makes on behalf of both of us, including promos).
 
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How many people would buy more merch if it wasn't the ****** Adidas stuff where you never know how the shirt will fit?


This post slams the nail on the head.

Boom.

I've been buying adidas in the same size for 10 years. I can assure you, it does NOT all fit the same way.

And it sure as **** doesn't WEAR the same way. There's a bunch of my polo shirts I won't wear to work for various "snags" and whatnot.

Meanwhile, I've purchased some UM Nike stuff that is (at least) 10 years old, and it's great. Still.
 
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This post slams the nail on the head.

Boom.

I've been buying adidas in the same size for 10 years. I can assure you, it does NOT all fit the same way.

And it sure as **** doesn't WEAR the same way. There's a bunch of my polo shirts I won't wear to work for various "snags" and whatnot.

Meanwhile, I've purchased some UM Nike stuff that is (at least) 10 years old, and it's great. Still.
I bought an XL shirt that my daughter ended up using as a sleep shirt when she was 12. I swear they used a Kenyan marathon runner for sizing. That was the last Adidas I bought.
 
I bought an XL shirt that my daughter ended up using as a sleep shirt when she was 12. I swear they used a Kenyan marathon runner for sizing. That was the last Adidas I bought.


I respect your resolve.

I need to spend more for the Tommy Bahama.
 
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Horrific investment for the last 5 years?

In June 2020, Nike stock was as low as 93. In 2021, it was as high as 177. And that is POST-COVID. That's not horrific or disputable.

There was a substantial decline in 2022. Things got a bit better in 2023 and declined again in 2024 (CEO replaced in October 2024).

However, the stock price has only gone below 70 since tariffs were promised.

And anyone who talks about "the market" recovering when talking about tariffs over the past 3 months is ignoring the fact that the news on tariffs has been chaotic and has impacted different industries and market sectors differently. An apparel/shoe company that manufactures largely in China and Vietnam is being impacted far more than other industries in "the market".

"That has nothing to do with tariffs". Whatever. As I made clear from the outset, the changes that Nike has made SINCE OCTOBER 2024 would have had far more upward impact on its stock price BUT FOR TARIFFS. Nobody is relitigating the mistakes of the prior 2.5 years, from early 2022 to late 2024. But to act like Nike hadn't had a big run-up prior to 2022, and to ignore the macroeconomic events of the last 6 months is just selective stat-quoting.

Buy-and-hold. All this day-trading/stock-price-watching is for the birds.

This is the part of the stock-price graph that corresponds to the "Fanatics Era" rise of online sales of branded team merchandise.

You take the good, you take the bad, you take them both, and there you have...


View attachment 326733


For comparative purposes, here is adidas stock on "Liberation Day":
View attachment 326736

And adidas in the Fanatics Era:
View attachment 326738
It could be argued that Nike is still a solid long-term investment, and @OriginalCanesCanesCanes may have cherry-picked a down period for the company. But I don’t see how you can disagree with the fact that Nike has significantly underperformed the market over the past 5 years…

The only people who’ve made money with NKE during that time period are either long-term investors who trimmed their positions at the right time or short-term traders who timed their entries and exits very well. And we all know how rare that is when it comes to market timing.
 
Tell me what ya’ll noticed with NB’s new uniforms, as in aesthetics (or lack thereof):

IMG_2797.jpeg
 
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