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Tag: Phil Knight

  • Ohio State gets top billing in opening College Football Playoff rankings; Indiana, Texas A&M next

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    The closest thing resembling drama for the first big reveal of this season’s College Football Playoff rankings hinged on which undefeated team would receive top billing.

    Answer: The defending champions at Ohio State.

    The Buckeyes took the top spot in the first set of 2025 rankings Tuesday night, followed by Indiana and Texas A&M.

    In choosing the two Big Ten teams ahead of Texas A&M, the 12-person committee appeared to give less weight to A&M’s tougher schedule and its 41-40 win over tenth-ranked Notre Dame and more to the way the Buckeyes and Hoosiers have mowed down opponents this year, with only two games between the two of them decided by less than 10 points.

    “I think statistically when we looked at A&M defensively, they’re just lower than both Ohio State and Indiana,” committee chair Mack Rhoades said. “We had to make a hard decision, and you’re trying to find separators, and that was a separator for us.”

    Another team with no losses, BYU of the Big 12, was ranked seventh.

    Nos. 4, 5 and 6 went to Southeastern Conference teams with one loss each — Alabama, Georgia and Mississippi. All of the top six came from either the Big Ten or SEC, a dose of business as usual despite a season that has been anything but predictable.

    This marked the first of six weekly rankings the committee will release this season, ending Dec. 7 when the final list will set the bracket for the second 12-team playoff in major college football history.

    That tournament begins Dec. 19-20 with four games on the campus of seeds No. 5-8. The top four seeds play winners of those games over the New Year holiday and the title game is set for Jan. 19 at Hard Rock Stadium outside Miami.

    Texas Tech was ranked eighth and Oregon came in at No. 9. Rounding out the top 12 were Notre Dame — the only team in the Top 25 not from a power conference — then Texas and Oklahoma.

    But if the bracket were set today, the Longhorns and Sooners would miss out,- bumped by No. 14 Virginia of the ACC and Memphis of the American. That’s thanks to a rule that places the five best-ranked conference champions into the bracket even if they’re not in the top 12.

    Memphis wasn’t among the committee’s top 25 but was still the highest ranked leader in a Group of Five conference.

    There is, of course, plenty of time for teams to make their cases, with four more weeks of the regular season, then a slate of conference title games set for the first weekend in December.

    “If we go back to last year, Arizona State wasn’t even in the rankings for our first two rankings,” Rhoades said of the Sun Devils, who won the Big 12 and made the field. “Again, to everybody out there, this is the first ranking and still a lot of ball left to be played.”

    The final tally in the top 12: The SEC has six teams, the Big Ten three, the Big 12 two, and the ACC none, with one independent.

    Among those still holding out hope are teams such as 16th-ranked Vanderbilt and 17th-ranked Georgia Tech, each of whom spent time in the AP top 10 this season thanks to upsets that turned college football upside down in September and October.

    The first-round matchups based on CFP rankings

    — No. 12 Memphis at No. 5 Georgia, winner vs. No. 4 Alabama. You can almost hear SEC commissioner Greg Sankey breaking his TV wondering how an unranked team is in here over one of his.

    — No. 11 Virginia at No. 6 Ole Miss, winner vs. No. 3 Texas A&M. Virginia’s only Top 25 meeting this season was against Florida State, which does not resemble a Top 25 team now.

    — No. 10 Notre Dame at No. 7 BYU, winner vs. No. 2 Indiana. The Fighting Irish have to hope some of the teams immediately below them — like Texas and Oklahoma — do not put up impressive wins since they close with Navy, Pitt, Syracuse and Stanford.

    — No. 9 Oregon at No. 8 Texas Tech, winner vs. No. 1 Ohio State. A Booster Bowl pitting teams backed by billionaires Phil Knight (Ducks) and Cody Campbell (Red Raiders).

    Tweaks in this year’s bracket

    The biggest change in the setup of this year’s bracket was eliminating the first-round bye for the four best conference champions. It would mean that Virginia, instead of jumping from a No. 14 ranking to a No. 3 seed, would be seeded 11th with a road game against Mississippi.

    Rhoades also spent time discussing Oregon, which is ranked sixth in the AP poll but ninth in the playoff rankings. The Ducks’ best win this year was a 20-point victory over Northwestern, while its double-overtime win at Penn State early in the season has become less impressive as last year’s semifinalist fell apart.

    “When we looked at and evaluated Oregon, we really looked at the quality of the team and how they looked on film,” Rhoades said.

    ___

    Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here and here (AP News mobile app). AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

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  • Nike Co-Founder Phil Knight’s Makes Largest-Ever Donation to a U.S. School

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    This isn’t Phil and Penny Knight’s first time donating to the Portland, Ore.-based institution. Photo by Brian Rothmuller/Icon Sportswire via Getty Images

    Phil Knight, the co-founder of Nike, is donating $2 billion to a cancer research center at the Oregon Health & Science University (OHSU) in what the institution has dubbed as the largest-ever gift to a U.S. university, college or academic health center. The donation from Knight and his wife, Penny, will support the school’s Knight Cancer Institute and continues the couple’s long track record of backing cancer research.

    “We couldn’t be more excited about the transformational potential of this work for humanity,” said the Knights in a statement. Their donation will focus on aiding “cancer research, diagnosis, treatment, care, and some day, eradication,” they added.

    Because of the magnitude of the donation, the Knight Cancer Institute will now become a self-governed entity within OHSU, overseen by the newly created Knight Cancer Group. Leading the group is Brian Druker, a physician-scientist who chairs OHSU’s leukemia research and was the lead developer of Gleevek, a groundbreaking precision cancer drug. With the Knights’ backing, the institution plans to accelerate diagnostics, expand access to clinical trails and provide patients with a wide range of resources, from counseling to symptom management and survivorship care.

    “We revolutionized the way we detect and treat cancer,” said Druker in a statement. “Now we are going to transform the way we care for patients while continuing to develop innovative treatments.”

    Phil Knight’s storied philanthropic legacy

    Knight, 87, grew up in Portland, Ore., and founded Nike in 1964 with his former University of Oregon track coach, Bill Bowerman. He led the company for decades, stepping down as CEO in 2004 and retired as chairman nearly a decade later.

    With an estimated net worth of $35.9 billion, Knight and his wife have become among America’s most prominent philanthropists. In 2024 alone, they donated $370.4 million, ranking as the nation’s 10th most generous donors.

    Many of their gifts have focused on Oregon institutions. In 2008, the couple gave $100 million to the Knight Cancer Institute, followed by a 2013 pledge of $500 million contingent on OHSU raising matching funds within two years—a challenge the university met. That investment established one of the first large-scale early cancer detection programs.

    The Knights’ philanthropy has extended beyond health care. In 2023, they donated $400 million to the 1803 Fund to help revitalize Portland’s historically Black Albina neighborhood. They’ve also given heavily to higher education: two $500 million gifts to the University of Oregon for scientific research and a $400 million donation to Stanford, Knight’s alma mater, in 2017 to establish a new science campus.

    With this latest $2 billion commitment, Knight has cemented his place as one of the most significant benefactors of higher education in the U.S. His gift tops that of businessman Michael Bloomberg, who in 2018 gave $1.8 billion to John Hopkins University for student financial aid in what the school then considered the largest-ever gift to an American university.

    Other recent billion-dollar contributions include a $1 billion donation from Ruth Gottesman, the widow of a Wall Street financier, to make the Albert Einstein College of Medicine tuition-free in perpetuity, and a $1.1 billion gift from investor John Doerr and his wife, Ann, to launch a sustainability school at Stanford in 2022.

    Nike Co-Founder Phil Knight’s Makes Largest-Ever Donation to a U.S. School

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    Alexandra Tremayne-Pengelly

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  • Monetize (And Monetize And Monetize) Your Talent: Air Explores the Birth of a New American Dream: Passive Income

    Monetize (And Monetize And Monetize) Your Talent: Air Explores the Birth of a New American Dream: Passive Income

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    If Air seeks to emphasize one thing, it’s that you should always leverage your talent to secure the utmost profit. That’s certainly what Michael Jordan did back in 1984 as a rookie who made an unthinkable negotiation with Nike. One that would, for the first time in history, allow an athlete like Jordan to earn a percentage of every pair of Air Jordans sold. After all, it was his name on the sneakers, his name spurring all the sales. So why shouldn’t he get his cut? This question is present throughout the narrative thread of Air, which revolves entirely around the lead-up to making this landmark deal. Marking Ben Affleck’s fifth directorial effort following Gone Baby Gone, The Town, Argo and Live By Night, Air is a much more blatant nod to the “American dream.” You know, the one that pertains solely to bowing down to capitalism a.k.a. “getting this money.” Ironically, it’s also distributed by Amazon, which Nike no longer sells their shoes through in a bid to “elevate consumer experiences through more direct, personal relationships.”

    Sort of the way Jordan wanted to elevate the consumer experience of his adoring fans by giving them “a piece of himself” through a shoe. Fittingly enough, both Nike and Michael Jordan are quintessential American dream stories, with the latter being a shoestring operation (pun intended) co-founded in 1964 by University of Oregon track athlete Phil Knight (Affleck) and his coach, Bill Bowerman (though Alex Convery, the writer of Air, doesn’t bother to mention his name). It was Knight who sold the company’s (then known as Blue Ribbon Sports) first shoe offerings (made by Onitsuka Tiger, a brand that, for whatever reason, agreed to let Knight be the U.S.’ exclusive distributor) out of the back of his car at track meets most of the time. Steadily, Blue Ribbon Sports kept making a name for itself as a leader in distributing Japanese running shoes. But it was in 1971 that Bowerman fucked around with his own innovation by using his wife’s waffle iron to create a different kind of rubber sole for the benefit of runners. One that was lightweight, therefore conducive to increasing speed. This was also the year the company rebranded to Nike and was bequeathed with its signature swoosh logo by graphic designer Carolyn Davidson. With the “Moon Shoe” and the “Waffle Trainer” released in 1972 and 1974 respectively, Nike sales exploded into a multimillion-dollar enterprise.

    Jordan’s Cinderella story comes across as having slightly fewer hiccups in his rise to prominence, the main one being his slight by the varsity high school team when he was a sophomore at Emsley A. Laney High School in Wilmington, North Carolina. Written off as too short for varsity, Jordan waited patiently to grow four more inches and asserted himself as the star of Laney’s JV team. After getting his spot on varsity, it didn’t take long for a number of colleges to offer him a scholarship. He settled on University of North Carolina at Chapel Hill, quickly distinguishing himself on the basketball team there and having no trouble eventually catching the eye of Sonny Vaccaro (Matt Damon, rejoining his true love onscreen), Nike’s then basketball talent scout (at a time when such “lax” job roles were still in existence). Convinced of Jordan’s status as a once-in-a-generation talent, he begs and pleads with Knight to use the entire basketball budget to offer Jordan an endorsement deal.

    Alas, although named after the Greek goddess who personifies victory, Nike was anything but victorious in being a basketball shoe contender with the likes of Converse and Adidas as 1984 commenced. After all, the company had been built on running shoes. That had always been their bread and butter. Nonetheless, Vaccaro still can’t figure out why basketball players are so averse to putting their faith in Nike. But, as Howard White (Chris Tucker), the VP of Nike’s Basketball Athlete Relations tells Sonny, “Nike is a damn jogging company. Black people don’t jog. You ain’t gonna catch no Black person running twenty-six miles for no damn reason. Man, the cops probably pull you over thinkin’ you done stole something.” Which isn’t far off considering the need for shirts like, “Don’t Shoot, It’s Just Cardio” (tragically inspired by the death of Ahmaud Arbery).

    Rob Strasser (Jason Bateman), the VP of Marketing for Basketball, is more naively optimistic during a meeting in which he says, “Mr. Orwell was right. 1984 has been a tough year. Our sales are down, our growth is down. But this company is about who we really are when we are down for the count.” That said, Strasser and Knight both insist they have a strict 250K budget to attract three players. Sonny tells Strasser he doesn’t want to sign three players, he wants to sign just one: Jordan. He paints Strasser the innovative-for-its-time picture, “We build a shoe line just around him. We tap into something deeper, into the player’s identity.” This being something that would become the subsequent norm with endorsement deals, not just from sports players, but every kind of celebrity.

    To this end, it’s of no small significance that Air opens with Dire Straits’ “Money For Nothing,” a song that derides famous ilk (namely, rock stars) who get money for doing no “real” work, like those who have to fritter their hours away in a minimum wage job at an appliance store (the site where Mark Knopfler overheard a man making derisive comments about the people he was seeing on MTV and then turned the rant into “Money For Nothing”). Jordan, too, might be seen that way by some, at least for making millions (billions?) for doing nothing other than allowing a shoe with his name and silhouette on it to be sold. And as “Money For Nothing” plays, Affleck gets us into the mindset of what the 80s were all about: consumer culture melding with pop culture. For it was in the 80s that the potential for endorsement deals, fueled by Reaganomics’ love of neoliberalism on steroids, were fully realized and taken advantage of.

    Sonny, seeing something entirely American in Jordan, crystallizes his feelings about him to Phil by insisting that he is “the most competitive guy I’ve ever seen. He is a fucking killer.” And that means he’s going to kill for Nike, profit-wise. As Sonny chases down a meeting with Jordan, who has made his disdain for the company abundantly clear (especially as he “loves” Adidas), it’s through his mother, Deloris (Viola Davis, who, although Jordan had no involvement in the production of the film, was offered as a suggestion by him to play the part), that Sonny finds his “in” with Michael. Much to the consternation of Michael’s agent, David Falk (Chris Messina), who distinctly warns Sonny not to contact the family.

    But Sonny has no interest in following rules, if that hadn’t already been made evident. And when he finally does land the pitch meeting with Jordan, he’s sure to tell him and his parents that Michael’s trajectory is “an American story, and that’s why Americans are gonna love it.” He then adds, as a coup de grâce in terms of flattery, “A shoe is just a shoe…until somebody steps into it [words Deloris will remind him of later when bargaining for Michael’s cut of the profits]. Then it has meaning. The rest of us just want a chance to touch that greatness.” And that, in the end, is how Jordan makes four hundred million dollars a year in passive income from a shoe.

    Even if it was an initial struggle for Deloris to lock down that income. Indeed, when Sonny tells her that Nike will never go for her and Michael’s demand and that the business is simply unfair in that regard, Deloris replies, “I agree that the business is unfair. It’s unfair to my son, it’s unfair to people like you. But every once in a while, someone comes along that’s so extraordinary, that it forces those reluctant to part with some of [their] wealth [to do so]. Not out of charity, but out of greed, because they are so very special. And even more rare, that person demands to be treated according to their worth, because they understand what they are worth.”

    With such an ardent speech about getting money, getting paid, it highlights that, more than just being a movie about how capitalism allows companies to exploit those making the most money for them, Air is about how capitalism indoctrinates the human brain so much as to make it believe that everything has to be about money. That the greatest art of all is not the art or skill itself, but how to get the most one possibly can for it. So it is that Bruce Springsteen’s always cringe-y hit, “Born in the U.S.A.,” plays while viewers are given epilogues to each person’s financially profitable fate. Funnily enough, Strasser had specifically mentioned to Vaccaro earlier in the film that one of the songs most beloved by Republicans (Reagan himself famously cited it for his presidential “cause”) is not about the hallowed notion of the American dream at all. In fact, as he tells Sonny, he was listening to it on his way to work most mornings (it had just come out during the year Air takes place), and he was all “fired up about American freedom…but this morning, I really focused on the words. And it is not about freedom. Like, not in any way. It’s about a guy who comes home from Vietnam, can’t find a job and I’m just belting it out enthusiastically.”

    There’s something to that analogy in looking for the deeper, perhaps unwitting meaning to Air. It isn’t really about the beauty of the American dream, but how ugly and petty it makes everyone pursuing it for the sake of as many pieces of paper as possible.

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    Genna Rivieccio

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  • Big 1st half leads No. 6 Gonzaga past Portland State, 102-78

    Big 1st half leads No. 6 Gonzaga past Portland State, 102-78

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    PORTLAND, Ore. — Malachi Smith led six players in double figures with a season-high 23 points and No. 6 Gonzaga used a big first half to beat Portland State 102-78 on Thursday night in the opening round of the Phil Knight Legacy tournament.

    The Bulldogs (4-1) led by 27 in the first half, held a 55-31 advantage at halftime and withstood a sloppy second half.

    Gonzaga coach Mark Few said he had his players take note of games earlier in the day when Portland put a scare into No. 1 North Carolina and No. 8 Duke was nearly upset by Oregon State.

    “There’s good teams out here if you’re not quite ready to go or at your best, you can get knocked off. I think that actually helped us firm up our approach,” Few said.

    Smith was the Southern Conference player of the year last season at Chattanooga, but had yet to have a big scoring game with the Zags. That finally happened against the Vikings as Smith made 9 of 12 shots and all five of his 3-point attempts.

    “I’m just trying to be ready whenever my number is called and what I’m asked to do,” Smith said.

    Drew Timme scored 18 points and the only shot he missed was a dunk attempt midway through the second half. Rasir Bolton had 14 points and a career-high eight assists, while Julian Strawther, Anton Watson and Hunter Sallis all finished with 10. Gonzaga shot 60% for the game.

    “That’s what makes this team speciall, we’ve got multiple players that can do multiple things,” Smith said.

    Jorell Saterfield led Portland State (2-3) with 21 points and Cameron Parker added 16. Fresh off an unexpected win at Oregon State, the Vikings hung with the Zags for about 10 minutes before Gonzaga got rolling.

    Portland State trailed just 18-16 after Isiah Kirby’s layup, but Gonzaga proceeded to scored 32 of the next 41 points and it was a mix of all the key pieces contributing. Timme had a couple of baskets. Bolton had seven points. Smith hit a trio of 3s.

    Gonzaga shot 66% in the first half, had three players in double figures before the break.

    “They’re very good at exposing the defensive mistakes and that’s kind of what happened in the first half. … They went on their run and it was tough to recover for our guys,” Portland State coach Jace Coburn said.

    But the second half performance was clearly not sitting well with Few, who was notably frustrated by some of the sloppiness. The Bulldogs still had the majority of their starters on the floor well into the second half. Portland State cut the deficit to 16 on a few occasions but could get no closer.

    “We challenged our team and they responded and felt like we got after it the second half,” Coburn said.

    BIG PICTURE

    Portland State: The Vikings went 1-2 in this tournament when it was played five years ago, putting a scare into Duke in the opening round and beating Stanford on the final day. These Vikings would gladly take a similar result this time around.

    Gonzaga: The Bulldogs will have a major challenge in 7-foot-4 Purdue center Zach Edey in the semifinals. Timme likely will not have it as easy as he did against Portland State, but he did have 22 point and seven rebounds in the win over Kentucky last week.

    UP NEXT

    Portland State: Will play West Virginia in a consolation game Friday.

    Gonzaga: Will face No. 24 Purdue in the semifinals Friday.

    ———

    AP college basketball: https://apnews.com/hub/college-basketball and https://apnews.com/hub/ap-top-25-college-basketball-poll and https://twitter.com/AP—Top25

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  • No. 8 North Carolina rallies past No. 18 Oregon 85-79

    No. 8 North Carolina rallies past No. 18 Oregon 85-79

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    PORTLAND, Ore. — Even if it was being played a couple hours north of campus, it felt like a home game for No. 18 Oregon with the namesake of the tournament, and a former women’s national player of the year sitting courtside.

    That made the response North Carolina coach Courtney Banghart saw from her team even more impressive.

    Eva Hodgson scored 14 of her 21 points during a fourth quarter flurry of shot-making, and No. 8 North Carolina rallied on multiple occasions in the second half and topped Oregon 85-79 in the semifinals of the Phil Knight Invitational on Thursday. The Tar Heels will face No. 5 Iowa State in the championship game on Sunday.

    “We didn’t come out with the sense of urgency that I think they really have to understand that their success and their ranking, warrants,” Banghart said. “And then when things didn’t go so well, they stay totally locked into what we need to make changes on.”

    Part of those changes included Hodgson not hesitating when she got clear looks in the fourth quarter. Hodgson scored 10 points in a 90-second span of the fourth quarter after it looked as if the Ducks were about to pull away. Hodgson’s four-point play with 5:12 remaining gave North Carolina a 72-68 lead. Oregon pulled within 74-73, but Hodgson hit four free throws down the stretch, sandwiched around Destiny Adams’ basket, and the Tar Heels were able to hold on.

    Alyssa Ustby added 19 points for North Carolina (5-0) and the Tar Heels put five players in double figures. Deja Kelly had 17 points, Anya Poole added 11 and Kennedy Todd-Williams 10.

    “My coach and my teammates have been telling me the year and a half I have been here just to shoot the ball and let it fly,” Hodgson said. “So having their confidence in me, I knew towards the end of the game that we needed something to just change kind of the stride of the game.”

    Te-Hina Paopao led Oregon (4-1) with 18 points, Grace VanSlooten added 17 points and 11 rebounds and Jennah Isai scored 15 points. But the Ducks will lament chances they had to put the game away, leading by 11 in the opening moments of the second half and holding a 66-58 lead with 7:34 left after starting the fourth quarter on an 11-2 run.

    That’s when Hodgson got hot from the perimeter. Her consecutive 3-pointers stopped Oregon’s run and her four-point play put the Tar Heels in front for good.

    “Disappointed that we lost but I’m more encouraged now than I was actually coming into the game,” Oregon coach Kelly Graves said. “I didn’t quite know what to expect with this group because we’re so young and hadn’t been tested. For the most part we played a really good game did a lot of really good things.”

    GUESTS OF HONOR

    Knight, the founder of Nike, was courtside, sitting next to former Oregon star Sabrina Ionescu for the matchup. Also in the stands was former North Carolina men’s coach Roy Williams, who was across town for the Tar Heels’ matchup against Portland in the men’s tournament earlier Thursday.

    BIG PICTURE

    North Carolina: The Tar Heels started the week with their highest ranking since the 2014-15 season, when the they reached as high as No. 6 in the AP Top 25. The win over Oregon was North Carolina’s 20th straight non-conference victory.

    Oregon: The Ducks will lament their struggles at the free-throw line. Oregon was 6 of 14 from the line and entered the game hitting 72% from the free-throw line for the season.

    UP NEXT

    North Carolina: The Tar Heels will face No. 5 Iowa State in the title game on Sunday.

    Oregon: The Ducks will play Michigan State in the third-place game on Sunday.

    ———

    AP women’s college basketball: https://apnews.com/hub/womens-college-basketball and https://apnews.com/hub/ap-top-25-womens-college-basketball-poll and https://twitter.com/AP—Top25

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  • So-Called ‘Self-Made’ Billionaires Who Actually Grew Up Wealthy

    So-Called ‘Self-Made’ Billionaires Who Actually Grew Up Wealthy

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    While the 1% may think they made their own fortunes, it’s more than likely that they had wealthy parents. Here are the so-called “self-made” billionaires who actually grew up privileged.

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