• Loading stock data...
Tuesday, October 14, 2025

Diversity? Just Do It

nike_logo_on_billboard
Photo Credit: Kirby Lee-USA TODAY Sports

A week after Nike released a new advertising campaign that said “Don’t Do It,” and told viewers not to “pretend there’s not a problem in America,” the company turned the microscope on itself. In a memo to employees on Friday, CEO John Donahoe said that “while we strive to help shape a better society, our most important priority is to get our own house in order.” Donahoe continued, saying that Nike’s diversity and inclusion efforts “have a long way to go.”

In recent years, Nike employees have criticized the company regarding its lack of diversity and poor treatment of employees, especially women. According to a Nike diversity report, 21.6% of the company’s workforce was Black or African American, down from 23.5% in 2017. However, just 4.8% of the company’s directors were Black or African American in 2019.

Nike announced that it was making a $40 million commitment over the next four years to “support the Black community in the U.S.” That effort will be led by Craig Williams, the president of Jordan Brand.

In a separate effort, Michael Jordan and Jordan Brand announced that it was donating $100 million over the next 10 years to organizations dedicated to ensuring racial equality, social justice, and greater access to education.

“We have encountered racism to be somewhat acceptable in certain circles,” Jordan told The Charlotte Observer. “We’ve got to understand at an early age (that can’t be tolerated). Education is such an important part.”

Adidas came under internal scrutiny last week regarding how the company supports its Black employees and community-at-large. A group, representing over 150 company members, sent a 32-page document titled “Our State of Emergency” to the company’s North American managers including president Zion Armstrong. In the document, it asked Adidas to “invest in its black employees; invest in the black community; invest in the fight for racial justice and change for black people; and demonstrate accountability.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Patrick Kraft
exclusive

Penn State, Adidas Deny Wrongdoing Around $300M Apparel Deal

The school and the brand publicly defended their 10-year deal Saturday.

MLB, NBC Leaders Say Broadcast TV Still Matters in Streaming Era

The network and league tout the forthcoming rights deal.

Trump Push to End Quarterly Earnings Has Major Sports Ramifications

U.S. President Trump proposes moving to semi-annual reporting for public companies.

Featured Today

Las Vegas Aces center A'ja Wilson (22) celebrates with her teammates after her last second shot to take the lead 90-88 against the Phoenix Mercury in Game 3 of the WNBA Finals at Mortgage Matchup Center in Phoenix on Oct. 8, 2025.
exclusive

Standoff Over WNBA’s Future Has Dominated Finals

CBA negotiations have stolen the spotlight from the Aces’ dominant performance.
Paul Cartier
October 5, 2025

Sports Organists Are Still Thriving in the Era of Raucous Arena Music

“When they walk out and they see a real organ guy, it’s like, ‘Wow.’”
Sep 27, 2025; Milwaukee, Wisconsin, USA; Milwaukee Brewers center fielder Jackson Chourio (11) rounds the bases after hitting a home run during the sixth inning against the Cincinnati Reds at American Family Field.
October 4, 2025

Milwaukee Moneyball: Brewers Are Beating MLB’s Deeper Pockets

Milwaukee is holding its own against big-budget competitors.
Kōloa Rum Company Rum Rusher
September 27, 2025

Panthers Bubbly, Jets Wine, Manning Whiskey: The Sports Booze Boom

A sommelier dives into the sports booze trend—and tries Jets wine.
FIFA

Saudis Awarded 2034 World Cup in Uncontested Vote

Saudi Arabia was the only option after Australia decided not to bid.
May 20, 2024

Top Sports Business Jobs This Week (May 2024)

Each week, our staff combs through the thousands of job listings from…
The stands at the Solheim Cup
September 13, 2024

LPGA Apologizes for Solheim Cup Fan Bus Debacle That Left Stands Half-Empty

The USA-Europe women’s team golf event teed off Friday morning.
Sponsored

How Jenny Just Is Shaping the Future of Sports Ownership

Jenny Just on bringing her investment experience to sports ownership.
October 3, 2022

Real Madrid President Renews Call for Super League

Real Madrid’s president believes that soccer is losing ground.
August 10, 2022

PGA Tour Touts Projected Earnings to Keep Players

The PGA Tour is asking its players to consider their potential futures.
August 10, 2022

Bayern Munich to Make Growth Push in U.S. Market

Bayern Munich is looking to expand its reach in the U.S.
Nintendo-logo
August 3, 2022

Nintendo Profits Underwhelm, Switch Sales Decline

Nintendo failed to meet expectations in the company’s latest earnings report.