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Nike Shares Take a Dive After Zion Williamson is Hurt from Blown Out Shoe

It was a public embarrassment unlike any other that the company has faced.

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A college player’s blown-out shoe just caused Nike’s stock to take a tumble.

Sportswear giant Nike’s stock took a dive after Duke star Zion Williamson suffered an injury from a blown-out shoe during the Blue Devils bout with North Carolina on Wednesday.

Williamson was taken out of the game early with a knee sprain after the sole of his Nike shoe broke away during the 88-72 loss to the Tar Heels.

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By One PM on Thursday, the shoe company’s stock had tumbled 1.1 percent, according to CBS Sports.

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Nike issued a statement after the injury:

We are obviously concerned and want to wish Zion a speedy recovery. The quality and performance of our products are of utmost importance. While this is an isolated occurrence, we are working to identify the issue

Williamson is out indefinitely due to the injury. The star freshman player will soon undergo an MRI to find the extent of the injury.

Up to Tuesday, Williamson averaged 21.6 points, 8.8 rebounds, 2.2 steals and 1.8 blocks per game for the top-ranked Blue Devils, CBS reported.

Follow Warner Todd Huston on Twitter @warnerthuston.

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Nike Yanks Redskins Merch From Website As Team Sponsors Demand Name Change

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The PC police are at it again, folks. With the racial tensions in America reaching new heights in light of the death of George Floyd at the hands of law enforcement officers, those who are obsessed with finding racism under every rock and around every corner have once again, for the umpteenth time, set their sights on the Washington Redskins professional football team. Nike, the world’s most popular shoe and sports merchandises brand, has pulled all products related to the Redskins team as sponsors for the Redskins demand that the team change its name to something a little less offensive. Good grief. Here’s more from The Washington Examiner: Searches for Washington Redskins apparel on Nike’s website yielded no results Thursday night, the day after 87 investment firms sent letters to three Redskins sponsors, Nike, FedEx, and PepsiCo, urging them to end their relationships with the team if it did not change its name, according to Fox Business. “In light of the Black Lives Matter movement that has focused the world’s attention on centuries of systemic racism, we are witnessing a fresh outpouring of opposition to the team name,” the firms said to Nike in the letter. “Therefore, it is time for Nike to meet the magnitude of this moment, to make their opposition to the racist team name clear, and to take tangible and meaningful steps to exert pressure on the team to cease using it.” FedEx specifically holds the naming rights to the team’s home stadium, and the company CEO holds a minority ownership in the franchise. https://twitter.com/RyanFieldABC/status/1278872483605733377 Owner of the Redskins, Daniel Snyder, has been hit time and time again over his choice to keep the name of the team the same, as folks on the left claim it’s offensive to Native Americans. However, Snyder has refused to…

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Trump Punts Fauci’s Concerns About NFL Season Taking Place During Coronavirus Pandemic

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President Trump gave Dr. Anthony Fauci’s concerns over the upcoming NFL season starting during the pandemic a nice, big punt down field, which you can probably bet irked the nation’s top infectious disease expert. Fauci, who is the director of the National Institute of Allergy and Infectious Diseases, stated that this season of pro-football wasn’t going to happen “unless players are essentially in a bubble.” Trump put Fauci in his place rather quickly by stating that the doctor “has nothing to do” with the NFL. That’s got to sting a little, don’t you think? The president definitely stripped Fauci of his oversized britches, didn’t he? Here’s more on this from Washington Examiner: “They are planning a very safe and controlled opening,” Trump tweeted. Tony Fauci has nothing to do with NFL Football. They are planning a very safe and controlled opening. However, if they don’t stand for our National Anthem and our Great American Flag, I won’t be watching!!! https://twitter.com/realDonaldTrump/status/1274006223013249026 Fauci recommended that players be “insulated from the community” and take a coronavirus test “nearly every day.” “If there is a second wave, which is certainly a possibility and which would be complicated by the predictable flu season, football may not happen this year,” he said. The NFL has already released the game schedule for the 2020 season, so it’s going to be interesting to see what happens over the next few months in regards to the pandemic and if there’s a second wave that might end the season before it has a chance to even start. The president has insisted on multiple occasions that he won’t be watching the games anyway due to the National Anthem protests that happen before every game. According to Ben Carson, several officials have tried to convince Trump to tune in this upcoming season,…

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