![Fact check: Did Spencer Haywood lose out on $2.8 billion and the opportunity to become NBA's first billionaire? Fact check: Did Spencer Haywood lose out on $2.8 billion and the opportunity to become NBA's first billionaire?](https://staticg.sportskeeda.com/editor/2023/07/83d4a-16902948578558-1920.jpg)
Fact check: Did Spencer Haywood lose out on $2.8 billion and the opportunity to become NBA's first billionaire?
![Spencer Haywood | Suing The NBA, Current Day League, First Nike Hoops Player | EP 48 | KG Certified - YouTube Spencer Haywood | Suing The NBA, Current Day League, First Nike Hoops Player | EP 48 | KG Certified - YouTube](https://i.ytimg.com/vi/W41kcxJsAq4/hq720.jpg?sqp=-oaymwEhCK4FEIIDSFryq4qpAxMIARUAAAAAGAElAADIQj0AgKJD&rs=AOn4CLCKn6sKzls2HgiYoJ48pFCL3-Vj2w)
Spencer Haywood | Suing The NBA, Current Day League, First Nike Hoops Player | EP 48 | KG Certified - YouTube
![Spencer Haywood Could Have Made $2.8 Billion With Nike But His Agent Selected $100,000 Upfront - Fadeaway World Spencer Haywood Could Have Made $2.8 Billion With Nike But His Agent Selected $100,000 Upfront - Fadeaway World](https://fadeawayworld.net/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cq_auto:good%2Cw_1200/MTk5NzcyMzkzNjU5NDQyMjc5/received_1039332426981007.jpg)
Spencer Haywood Could Have Made $2.8 Billion With Nike But His Agent Selected $100,000 Upfront - Fadeaway World
![Andrew Petcash on X: "3) Nike's founder, Phil Knight, sat down with Haywood and offered two options: 1. promote Nike's shoes for $100,000 2. earn a 10% stake in the company Haywood Andrew Petcash on X: "3) Nike's founder, Phil Knight, sat down with Haywood and offered two options: 1. promote Nike's shoes for $100,000 2. earn a 10% stake in the company Haywood](https://pbs.twimg.com/media/FZkFTEBX0AAq1EO.png)
Andrew Petcash on X: "3) Nike's founder, Phil Knight, sat down with Haywood and offered two options: 1. promote Nike's shoes for $100,000 2. earn a 10% stake in the company Haywood
![Retro Awesomeville on X: "Spencer Haywood was approached by Nike in its early days to promote the brand's sneakers. The offer was $100,000 or 10 percent ownership in the company... He took Retro Awesomeville on X: "Spencer Haywood was approached by Nike in its early days to promote the brand's sneakers. The offer was $100,000 or 10 percent ownership in the company... He took](https://pbs.twimg.com/media/EuQ54diXEAM-mNZ.jpg)
Retro Awesomeville on X: "Spencer Haywood was approached by Nike in its early days to promote the brand's sneakers. The offer was $100,000 or 10 percent ownership in the company... He took
![After Magic Johnson missed out on $5.2 billion, another Lakers legend revealed that he missed out on $2 billion because of rent issues After Magic Johnson missed out on $5.2 billion, another Lakers legend revealed that he missed out on $2 billion because of rent issues](https://staticg.sportskeeda.com/editor/2023/09/61102-16959604563695-1920.jpg?w=840)
After Magic Johnson missed out on $5.2 billion, another Lakers legend revealed that he missed out on $2 billion because of rent issues
![Ex-NBA ace should be a billionaire but 'greedy' agent sold Nike shares - Basketball - Sports - Daily Express US Ex-NBA ace should be a billionaire but 'greedy' agent sold Nike shares - Basketball - Sports - Daily Express US](https://cdn-images.the-express.com/img/dynamic/48/590x/secondary/35981.jpg?r=1690451100528)
Ex-NBA ace should be a billionaire but 'greedy' agent sold Nike shares - Basketball - Sports - Daily Express US
![I should have been the NBA's first billionaire but my agent sold Nike shares to get his cut of deal now worth $2.8b | The US Sun I should have been the NBA's first billionaire but my agent sold Nike shares to get his cut of deal now worth $2.8b | The US Sun](https://www.the-sun.com/wp-content/uploads/sites/6/2023/07/nike-co-founder-phil-knight-814533244.jpg?strip=all&w=960)
I should have been the NBA's first billionaire but my agent sold Nike shares to get his cut of deal now worth $2.8b | The US Sun
![TIL that roughly 30 years ago, NBA Legend Spencer Haywood chose $100,000 upfront over a 10% stake in Nike. Had he accepted the original offer, his holdings in Nike would be worth TIL that roughly 30 years ago, NBA Legend Spencer Haywood chose $100,000 upfront over a 10% stake in Nike. Had he accepted the original offer, his holdings in Nike would be worth](https://external-preview.redd.it/qDKScbiiA3GzT6A3a7vECf_ufz_XcqJOUKoVOMOvi2k.jpg?width=640&crop=smart&auto=webp&s=46186f5cfe4ca69963db89debc9778909037f299)
TIL that roughly 30 years ago, NBA Legend Spencer Haywood chose $100,000 upfront over a 10% stake in Nike. Had he accepted the original offer, his holdings in Nike would be worth
![Spencer Haywood's billion dollar missed opportunity with Nike - Basketball Network - Your daily dose of basketball Spencer Haywood's billion dollar missed opportunity with Nike - Basketball Network - Your daily dose of basketball](https://www.basketballnetwork.net/.image/t_share/MTk5ODkxNDE2MDYxNTg0NDg3/spencer-haywood.jpg)