Healthy basketball, starting from eating the old Lakers F4

Chapter 37: Spokesperson becomes shareholder?The boss takes the initiative to increase the money!

"Sorry, I'm late."

When Dunn arrived at the Staples Center, Nike's boss, Phil Knight, had already brought the two Nike co-presidents, Mark Parker and Charlie Danson, waiting here for a long time.

In addition, Lakers general manager Kupchak accompanied him.

"We need you, Doon! You're not late, you're on time!"

Phil Knight is as polite as ever, giving people a feeling of spring breeze.

Hearing this, Du En stepped forward quickly, came to Phil Knight and the others, exchanged a few greetings, and then continued to walk in.

Soon, Du En and others came to a meeting room.

In the conference room, the Lakers owner Bass, his eldest daughter Jenny, his second son Jim, and the team's general manager Kupchak were all present.

Such a big scene basically shows that both Nike and the Lakers are confident that they will be able to negotiate Duane's sneaker contract today.

This confidence is naturally unlikely to be a secret collusion between the two to harm Du En's interests and seek each other's interests.

It's everyone's great cause, there's no need to engage in such slick tricks.After all, it is Duane himself who ultimately decides whether to sign.

If the money is not in place, it is impossible for Dunn to sign.

Such a showy operation will cause a scandal that the Lakers and Nike will team up to bully Duane, a rookie.

When things get serious, the Lakers may be fine, but Nike's stock price may not be able to hold up.

Nike offended Yao Ming by looking down on others before, and became a laughing stock in the industry.If you come with Duane again, the other shareholders of Nike may also have opinions.

In other words, Nike executives and Lakers executives gathered here today, obviously Nike has given a big contract that Lakers executives feel is full of sincerity.

In everyone's opinion, Du En had absolutely no chance of refusing the extra money.

"7 million in 8000 years?"

Du En took a rough look at the content of the contract, and was indeed shocked by Nike's generosity.

Although it is smaller than James' sneaker contract, the contract offered by Nike half a month ago was still 6 million for six years.

All of a sudden, there is an extra 300 million per year, and it is still a US dollar.

"To be precise, the guarantee part of the contract is 7 million for seven years, and the remaining 7000 million is the incentive clause.

We believe in your ability and we all agree that you have the possibility of receiving the full bonus.

Therefore, the contract we gave is 7 million for 8200 years!
If you are willing to agree, please sign it. If you don't agree, you can talk about some conditions. "

Charlie Denson had a face-to-face meeting with Dunn on behalf of Nike.

At the same time, the Lakers sent Buss Jr. to act as a "translator" and lawyer, explaining the various terms of the sneaker contract to Dunn one by one.

With the reputation of the Lakers as a guarantee, Dunn was also ready to sign a contract with Nike after listening to Buss Jr.'s explanation.

There is no need to delay it any longer. As early as ten days ago, Nike had successfully acquired Converse.

Calling Dunn over in such a hurry today was only thanks to Kobe.

After the Eagle County prosecutor formally filed an appeal yesterday, Coca-Cola, IBM and many other companies immediately announced their termination of contracts with Kobe Bryant.

The remaining sponsors that had yet to take action were criticized verbally and verbally by the media and the public, and Nike was the first to bear the brunt.

Nike just signed a big contract with Kobe a few months ago, and if they terminate the contract at this time, isn't that being taken advantage of?

Instead of leaving the field at a disadvantage, it is better to pretend to be deaf and dumb, as if nothing happened, and minimize the impact of the Kobe incident on Nike.

Now the rapid signing of Duane is just to divert public opinion, and then use Duane's Chinese players and his status as the MVP of the Long Beach Summer League to raise Nike's stock price.

Du En knew very well that if he dragged on, when the public opinion passed, Nike would not attach as much importance to him as he had imagined.

That being the case, it is better to strike while the iron is hot and formally sign the contract.

"I have two things to add. The first one is that if you violate the interests of my motherland, I have the right to unilaterally terminate the contract without paying related liquidated damages."

"Okay, we'll add this one right away."

Phil Knight immediately spoke, and the representative Nike agreed to Duane's conditions with the final word.

Not to mention that the other side of the ocean is Nike’s main market in the future, but the foundry on the other side alone can save them hundreds of millions of dollars in costs every year.

No one will have trouble with money!Phil Knight also does not think that they will violate the interests of the Eastern powers in the next few years.

“The second item is my personal request.

I hope to convert [-]% of the contract amount into equivalent equity.

NBA players will go bankrupt after retirement, but I believe Nike will not.

I hope to be able to cooperate with Nike for ten years, 20 years, 30 years, or even a lifetime.

I also ask Phil to fulfill my small request. I hope to join the Nike family as a shareholder.

I can promise you that I will not cash out my stocks for at least ten years. "

Du En's remarks undoubtedly shocked everyone in the room.

Mark Parker and Charlie Danson looked at each other with their mouths wide open, and Phil Knight was even more overjoyed.

Nike has just acquired Converse, and the cash flow is not sufficient. If it can reduce cash expenditure at this time, it would be great.

Moreover, Duane took the initiative to ask for equity and wanted to transform from a sneaker spokesperson to a Nike shareholder. This will undoubtedly increase Nike's stock price and bring more confidence to shareholders.

As for the Buss family members present, as well as Lakers general manager Kupchak, they were also impressed by Dunn's maturity.

When other players sign big contracts, they must always ask for cash, and then use it to buy cars, houses, and sell luxury goods. They don't know how to invest. When they quit the NBA, they basically go bankrupt immediately.

Du En just joined the NBA. He didn't play a regular season, so he chose to bet on his own potential and commercial value. He was single-mindedly bound to Nike, became a shareholder of Nike, and shared weal and woe with Nike.

You know, Adi is in the limelight now!

Tracy McGrady with elegant style of play and gorgeous statistics, Duncan with simple style of play but full of honors, and Kevin Garnett, who is known for his combination of offense and defense, have jointly dominated the league from the regular season to the playoffs.

Jordan and Barkley, the pillars of Nike, have withdrawn from the NBA one after another, and Kobe, who has just signed, has another scandal.

Although the potential of James and Anthony is blind, they are still too immature when they first entered the league.

At times like this, Nike boss Phil Knight often feels uncertain about the future and is deeply worried.

Dunn was full of confidence and resolutely joined Nike.

Phil Knight originally thought that Duan only saw profit and only wanted to make more money, but he didn't expect that he was still a sweetheart.

Ever since, Du En was not disappointed, and he quickly agreed: "Yes, yes!

Haha thank you so much Duane!

In order to express my gratitude, on behalf of Nike, I will give you an additional 700 million insured amount.

You are welcome to join the Nike family, we will not let you down! "

(End of this chapter)