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13 year old gets $1 mil deal from Nike


southsider2k5

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i wish people would try and understand economics before they tear down these kids.

 

this is a low-risk, high-reward investment for nike. if he turns out to be the real deal, they get him for a lot less than he'll be worth. if he does flop (which he is already proving he won't) then they haven't spent alot on him.

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Jim was at a sales conference last week and he got to hear some speakers from Nike, Gatorade/Pepsi, etc, etc..

 

Those mf'ers spend more on advertising in ONE year than what our company runs on (EBITDA)! It's unreal.

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