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rocktivity

(44,576 posts)
Wed Feb 20, 2019, 10:27 PM Feb 2019

Whoever paid as much as $10K per ticket to see Duke's Zion Williamson

Last edited Fri Feb 22, 2019, 12:45 PM - Edit history (1)

play against North Carolina may not get their money's worth...33 seconds in, he left with a foot injury before we could get our seats warm. Looks like his shoe came apart -- if so, expect Nike's stock price to do the same


UPDATE: He will not return to tonight's game


rocktivity
10 replies = new reply since forum marked as read
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Whoever paid as much as $10K per ticket to see Duke's Zion Williamson (Original Post) rocktivity Feb 2019 OP
Saw this on ESPN website. Blewout his shoe. Not a good look for Nike. underpants Feb 2019 #1
It's being described as a knee injury...stay tuned... rocktivity Feb 2019 #3
That's why these kids have insurance underpants Feb 2019 #4
I have a feeling this was sabotage ... mr_lebowski Feb 2019 #2
. rocktivity Feb 2019 #7
President Obama was at this game.....so great seeing him there. a kennedy Feb 2019 #5
Nike executive emergency meeting called rocktivity Feb 2019 #6
The patient is doing as about well as can be expected rocktivity Feb 2019 #8
1.06 percent. Oops! 1.05 Ptah Feb 2019 #9
Williamson is INSURED against a drop in the NBA draft? rocktivity Feb 2019 #10

underpants

(182,829 posts)
1. Saw this on ESPN website. Blewout his shoe. Not a good look for Nike.
Wed Feb 20, 2019, 10:56 PM
Feb 2019

Last edited Wed Feb 20, 2019, 11:27 PM - Edit history (1)

I'm kind of surprised it's still on the ESPN WEBSITE
http://www.espn.com/

rocktivity

(44,576 posts)
6. Nike executive emergency meeting called
Thu Feb 21, 2019, 07:52 PM
Feb 2019
SportingNews.com: Duke coach Mike Mike Krzyzewski told reporters after the game that Williamson...widely projected to be the first overall pick in the upcoming NBA Draft...suffered a mild knee sprain. He said he did not know how long the superstar big man might be out.

Nike competitor Puma published a since-deleted tweet implying the footwear malfunction was Nike's fault...


Si.com:If Williamson’s injury leads to lasting or permanent impairment in his ability to excel as a basketball player... (he) could explore the possibility of suing Nike...argu(ing) that Nike is liable for manufacturing a defective sneaker that caused his injury...
In 2003, a Florida court presided over a lawsuit brought by the parents of a boy who had suffered an infection to the bone and permanent heel damage. The injury occurred after he wore a Nike sneaker which allegedly contained a foreign metal object.

TMZ: "We are obviously concerned and want to wish Zion a speedy recovery," Nike says. "The quality and performance of our products are of utmost importance. While this is an isolated occurrence, we are working to identify the issue."
Our Nike sources tell us brand executives called an emergency meeting...to discuss a crisis strategy...(S)ome execs are concerned it could cause high profile players to sign shoe deals with rival companies...

So much for Zion's national coming out party, complete with an former president watching. And if was that minor an injury, wouldn't he have said so himself by now?


rocktivity


rocktivity

(44,576 posts)
8. The patient is doing as about well as can be expected
Fri Feb 22, 2019, 12:40 PM
Feb 2019

And Zion is, too:

CBS: Soon after Zion Williamson's basketball shoe ripped apart, Nike's stock price...closed down 89 cents at $83.95 on (Feb. 14), for a $1.1 billion drop in market value...

SportingNews: Duke star Zion Williamson (has) suffered a Grade 1 knee sprain...Coach Mike Krzyzewski said the star's knee is stable and there is not yet a timetable for his return...

That's only about six percent -- I suppose it could be worse, and I suppose it might GET worse.


rocknation

rocktivity

(44,576 posts)
10. Williamson is INSURED against a drop in the NBA draft?
Thu Feb 28, 2019, 01:18 AM
Feb 2019

Last edited Fri Jul 9, 2021, 12:02 PM - Edit history (2)

USA Today: Like many top prospects in college football and basketball, Williamson has an insurance policy, a person with knowledge of the policy told USA TODAY Sports...

Williamson's policy stipulates that he can collect $8 million if he is selected past the 16th pick in June’s NBA Draft. That loss-of-value insurance is typically added to disability insurance, which can pay out between $10 million and $15 million if a player suffers a career-ending injury...Williamson’s premium is covered by Duke...

Over the past decade, the NCAA has tweaked its rules when it comes to loss-of-value and disability coverage. College football, men’s and women’s basketball, baseball, men’s ice hockey players are now allowed to take out loans for future earnings and schools can cover the premiums themselves...

The NCAA is cool with this? Well, they didn't hesitate to "tweak their rules" enough to effectively put LaVar Ball's JBA out of business. On the other hand, they also forced the brother of a student/athlete to submit proof that it was he who was paying for his newly acquired BMW!


rocktivity

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