Tag Archive: Nike


Never thought it would take a global pandemic for professional sports to be contested in network “bubbles.”

Why not simply build studio fields, courts, rinks at ESPN in Orlando, Fox Sports in Los Angeles, the major networks in New York and be done with it? No need for playing MLB’s goofy All-Star Game to determine home field advantage in the “World” Series.

Almost DailyBrett realized in the last few years that HDTV with virtually flawless video, sound, graphics and replay delivered at relatively low cost (e.g., cable or internet streaming only) was vastly reducing the need of actually going to the game.

When your author was greeted with a sign for $100 parking at the Dallas Cowboys (AT&T Stadium) spaceship stadium in 2011, it triggered a contemplation about how long will it take for sports fans to finally rebel against stratospheric prices ($140 for a baseball ticket and $18.75 for a craft beer), bathroom lines and a-hole fans blocking your view.

Gee, one can treat the family to one afternoon/evening of sports ambiance for $500 or more. Who has that kind of money?

An empty court and bench are shown following the scheduled start time of Game 5 of an NBA basketball first-round playoff series. Photo via AP)

Topping it off there are now in-your-face political messages right there on the court and even boycotts without financial penalty or forfeitures by NBA players with average paychecks of $7.7 million (not including Nike, Adidas or Under Armour shoe contracts). Maybe DraftKings or FanDuel will take digital bets on how many of these spoiled by America sports millionaires will kneel or even walk out on the Star Spangled Banner.

Are they really “sacrificing everything”?

In the meantime, 13.6 million Americans are unemployed through no fault of their own because of the Mother of All Exogenous Events. No one will notice or much less care if they decide to go on strike. There would be no difference.

Has A Trend Been Accelerated?

It was seem absurd that soccer songs reverberate off miles of empty seats, cardboard people “attend” baseball games, tarps, piped-in music and message boards project the quest for the Stanley Cup. Can hardly wait to what the NFL and liberal NBC will devise to give us as real game experience when the defending Super Bowl champ Kansas City Chiefs play the Houston Texans in an empty Arrowhead Stadium on Thursday.

Almost DailyBrett will take the “over” that a political salute to Colin Kaepernick will precede the game with a specially crafted Nike advertisement. There is nothing that helps sells athletic shoes and apparel better than mocking the American flag and disrespecting the Star Spangled Banner. Wonder what real Americans think when they take in real-time appeasement that would make even Neville Chamberlain blush?

If fans are present in the stands and pay good money and tickets, parking, concessions and don’t agree grossly overpaid privileged athletes with not showing proper respect for our exceptional nation, they really have little to no recourse but to sit and endure the political histrionics.

Conversely if fans are watching the game from the comforts of their own homes with HDTV quality video and sound and the anti-America Kabuki ensues on the field, court or ice, there is a beauty that comes from the “mute” button or if absolutely necessary, the “off” button.

Many implore us to be pro-choice in our political selections. With HDTV, we can watch with the sound on or off. We can change the channel. We can maybe even  find something else to do. We actually lived without sports — even sterile sports — for about four months. We can do it.

The real question that comes from the prospect of network bubble fields, courts and ice rinks, what will happen to the stadiums and arenas located all over the United States and Canada? Maybe they all can become museums, pointing back to happier times when we all went to the game to enjoy sports at reasonable costs without having to endure political noise.

https://www.sportingnews.com/us/nhl/news/nhl-bubble-hub-city-rules-teams-schedule-edmonton-toronto/72k8vc0u630k19xalra66xa3c

https://www.cnbc.com/2019/10/22/highest-paid-players-in-the-nba-right-now.

https://www.bls.gov/news.release/empsit.nr0.htm

https://almostdailybrett.wordpress.com/2020/07/27/not-even-taking-a-knee-for-the-star-spangled-banner/

https://almostdailybrett.wordpress.com/2018/09/04/nike-takes-a-knee/

“If we are treated like employees, then we should be compensated as such.” — Oregon Safety Jevon Holland, #WeAreUnited

“We will not play until there is real change that is acceptable to us.” — Statement from the Pac-12 players union

As it most likely turns out, these players will not be playing this year because their boycott is preempted by Covid-19. Some day the Corona virus will be mitigated by vaccine, but the growing militancy by unionized “student” athletes has just begun.

For many years Almost DailyBrett has accepted that “college” football and basketball served as glorified minor leagues for the NFL and NBA.

In contrast, MLB and the NHL have supported minor league baseball and hockey as professional opportunities for players to develop their games (e.g., Durham Bulls) with the hopes of one day making it to, “The Show.”

For football and basketball, The Power Five conferences (i.e., ACC, SEC, Big 12, Big 10 and even the Pac-12) have served for years as The Show before The Show.

The myth of student athletes, or is it athlete “students,” is perpetrated by university presidents, athletic directors and subservient sports information directors. Let’s face it, there are certain players only interested in playing the required three seasons of college football or one season of college basketball (what a joke) before moving on to the NFL and NBA respectively.

Forget the degree, let alone graduation day.

Almost DailyBrett contends we should cut out the middle man (university football and basketball programs) and let players with no interest in going to class to enter their respective NFL or NBA drafts upon expiring their high school eligibility. If they fail to be drafted in the NFL’s seven rounds or the NBA’s two rounds, they then can opt for the NFL or NBA minor leagues.

Instead Pac-12 and Big 10 players have formed a union and are obstensibly demanding Covid-19 protection and observance of racial justice, including 2 percent annual payments from their conferences to black students.

The real reason is money, lots of money … including 50/50 revenue sharing for each university sport. The “student” athletes want the right to hire agents (are they already pros?), likeness compensation, six-year scholarships, the right to return to their teams after failing to be drafted, and a one-time transfer to another university with no penalty.

Could they sell their likenesses to Nike, Adidas or Under Armour, while they are competing as “student” athletes on the field turf or the court? What about socialist justice? Will some players make more than others? What about Title IX of the Civil Rights Act?

Details, details.

If these “demands” are acceded to by weak NCAA, conference and university administrators, then ladies and gentlemen these student athletes are athletes … not students. They are being organized with the threat of boycotts or strikes similar to the mega-rich MLBPA and NFLPA.

Why Should The Colleges Get In The Way?

Since the earth cooled, university athletic departments offered student athletes full scholarships leading to potential undergraduate degrees from Stanford University, University of Southern California, University of Oregon … heck even the University of Washington.

The scholarship player is being given in many cases a nationally televised try-out for the NFL in the fall/winter or the NBA in the winter/spring. He or she worked on their games or trained and nourished their bodies in ever-improving facilities. Tutoring is made available to them. They can achieve the awesome trifecta: college football glory (e.g., Heisman Trophy) an academic degree and a ticket to NFL or NBA mega millions.

How many other students yearn for a free college education? Many are going into debt, waiting tables or asking their folks to dig deep. Some could argue that student athletes are just spoiled, not exploited.

Let’s face it: College is not for everyone. Approximately 35 percent of all Americans earn an undergraduate or graduate degree. The rest …

If college football or basketball with its full-ride scholarships and an opportunity to earn an undergraduate degree from a major university doesn’t work for particular athletes who don’t want to be students, there should be a minor league team in their sport to test out their competitive skills.

These minor leagues need to be formed and subsidized by the billions upon billions in NFL and NBA revenues. Sounds like great marketing opportunities for a publicly traded mega athletic apparel company near you … or even Michael Jordan who played baseball for the minor league Birmingham Barons.

The days of major universities subsidizing the NFL and NBA by serving as their minor leagues should come to an end, the sooner the better. Maybe the NFL and NBA should compensate the universities, if they don’t want to form their minor leagues?

If it becomes necessary for college football to become an intercollegiate club sport once again, one not subject to unreasonable union threats, then let’s turn the clock back to a better time … a much better time when athletes were indeed … college students.

https://www.theplayerstribune.com/en-us/articles/pac-12-players-covid-19-statement-football-season

https://www.espn.com/college-football/story/_/id/29583023/pac-12-football-players-show-unity-list-demands-letter-conference

https://www.espn.com/college-football/story/_/id/29598353/pac-12-unity-group-members-meet-calif-gov-office-virus-protocols-eligibility-concerns

https://www.oregonlive.com/collegefootball/2020/08/pac-12-football-unity-announces-demands-for-health-and-safety-compensation-racial-injustice.html

https://www.seattletimes.com/sports/uw-husky-football/pac-12-football-player-group-presents-list-of-demands-that-includes-covid-19-protections-racial-injustice-issues-medical-insurance-and-revenue-sharing/

https://www.espn.com/college-football/story/_/id/29590644/why-pac-12-protest-showing-blueprint-future-college-football-progress

More precisely it takes a publicly traded technology corporation to educate a child with a major assist from parents.

The performance of Covid-19 stocks (i.e., Amazon, Netflix, Zoom Video) magnifies this point.

How many children are learning online? Millions.

Who built the online infrastructure that allows — uninterrupted by the pandemic — education for children around the globe? The answer lies with semiconductors, software, cloud, PCs, tablets, smart phones … everything and anything that makes access to the cloud possible.

The government didn’t build that.

How about Tim Cook and Apple?

Think about preparing a child for success in our 21st Century digital service-oriented economy without the vital assistance of Apple, Amazon, Facebook, Google, Microsoft, NVIDIA, Zoom Video and even companies, which are yet to be born … but will be tomorrow’s IPO stars. They are all coming from the private sector.

We recently took a short break from Covid and riots-disguised-as-protests to witness America delivering astronauts to the International Space Station for the first time since 1998 via privately held SpaceX.

If a child wants to dream about going to Mars, she or he would be well advised to look to billionaire stars of the Galaxy: Elon Musk of Tesla and SpaceX, Jeff Bezos of Amazon and Blue Origin and Richard Branson of Virgin Galatic.

The “Village” is yesterday’s collectivized story. Wall Street publicly traded technology companies are indispensable to our children’s education and prosperity today, tomorrow and conceivably forever.

When the world was agrarian and then industrialized, the Village on the Potomac meant more to children. The world changed. Instead of immediately outdated encyclopedias, there is instant access and reward through global knowledge that can found on Google. Try conducting major research without digital search engines.

In place of libraries, Amazon’s Kindle reader enables children to instantaneously download books. Need to generate documents (e.g., Word), presentations (e.g., Power Point) and spread sheets (e.g., Excel), welcome to Microsoft’s Windows operating system.

The exhaustive list goes on and on and includes corporations beyond the FAANG stocks (i.e., Facebook, Apple, Amazon, Netflix, Google), particularly Microsoft.

Where Else Are You Going To Invest Your Money?

The beauty of Economic Freedom is making own decisions about your discretionary dollars to invest in dreams, including retirement, a child’s education or a learning vacation. And when it comes to saving for a university education for daughters and sons, what better place for America’s Investor Class (e.g., 55 percent of all Americans) than US-based large cap technology stocks?

Almost DailyBrett is mindful that today’s small caps have all the potential to become tomorrow’s large-cap stars. The combined market capitalization (stock price x number of shares issued) of the five FAANG stocks and Microsoft equals $6.40 trillion, give a shekel or two.

The same companies that design and produce the tools to assist parents in raising and educating their children to meet and exceed the challenges to the 21st Century are also the corporations helping to fund educational programs through Corporate Social Responsibility (CSR). Similar to Arnold in The Terminator, we will harness the machines. There is no need for Andrew Yang’s government give-away Universal Basic Income (UBI) to society’s takers.

Our public school teachers from kindergarten to colleges and universities use technology company tools (e.g., PowerPoint) to prepare and deliver lectures and presentations far more interesting. The vast majority of these teachers invest through payroll deductions in their retirements (e.g., Buy Side State Teachers Retirement System STRS and Public Employees Retirement System PERS).

And what is the number one target for their investments: America’s publicly traded large cap technology stocks.

Almost DailyBrett recognizes that America’s publicly traded major technology players are not above criticism.

Where else can we find a greater collection of talent and innovation than in the USA, particularly California’s Silicon Valley (e.g., Apple, Facebook, Google) and the Seattle metropolitan area (e.g., Amazon, Microsoft) in the State of Washington?

These are the very same publicly traded technology companies replacing The Village and taking the lead in assisting parents in preparing our children to succeed in the digitally oriented service economy of the 21st Century.

Let’s not denigrate them, but salute them for raising a child.

https://almostdailybrett.wordpress.com/2020/05/11/wall-street-is-main-street/

https://almostdailybrett.wordpress.com/2019/07/16/americas-rising-investor-class/

https://almostdailybrett.wordpress.com/2020/02/06/stop-dissing-americas-investor-class/

https://almostdailybrett.wordpress.com/2017/06/18/the-folly-of-attacking-americas-investor-class/

 

 

Which Californian would you rather have running your business: Tim Cook or Gavin Newsom?

Taking into account that Covid-19 indiscriminately hit both Apple and the State of California at the same time in the same place, which entity performed better under nearly identical circumstances?

Under Governor Gavin Newsom’s watch, California with the nation’s highest income taxes (13.3 percent at the apex) and an average sales tax of 8.66 percent recently reported its record $21 billion surplus is now an unprecedented $54.3 billion deficit … that’s a staggering $75.3 billion switch if you are scoring at home. Nonetheless, the state found $75 million in the form of a pander payment to California illegal aliens.

Will they be eligible to vote … some day?

As the chief executive officer of $260 billion Apple with $44 billion in cash reserves, Tim Cook just announced the reopening some of Apple’s national stores this week with many more to follow. The company achieved a 37.8 percent gross margin and 14.3 percent to the bottom line in FY 2019, returning quarterly dividends of $0.82 per share for its shareholders.

As a member of the growing California Diaspora and a best-in-breed investor, who would Almost DailyBrett choose as a responsible fiscal steward?

Hint: Apple shares are up 7.25 percent this year, despite the Corona virus. As CNBC’s Jim Cramer repeatedly has proclaimed, he is only interested in a stock’s future. Share prices are a leading … not trailing … indicator of future performance.

Apple is a leader. California is a laggard.

The same is true with other best-in-breed publicly traded companies including Salesforce.com, Gilead Sciences, Lululemon Athletica, McDonald’s, Microsoft, Nike, NVIDIA and Starbucks. Is the present iteration of California anywhere close to … best in breed?

If California was publicly traded, would a responsible investor select the Golden State or no state income tax Texas and/or Florida?

As the former press secretary for the former Governor of California George Deukmejian (1928-2018), my love for the Golden State is true … your author loathes the present crew in Sacramento. Just ask Tesla boss Elon Musk.

Peddling A False Choice

The bull statue on Wall Street and the True Value hardware store on Main Street are not mutually exclusive.

The countless suggestions of a Berlin Wall type of divide between the two streets is a false choice. Even the stately The Economist fell into this trap.

The reason is simple, millions of investors who live on Main Street, the side streets and the suburbs. Gallup reported that 55 percent of Americans own stocks and/or stock based mutual funds … before Covid 19. America’s Investor Class certainly took a hit with the virus, but there are tangible results indicating without any doubt that investors are coming back, money is coming off the sidelines … heck the NASDAQ is up for the year.

Those who project the end of Capitalism may even be the same to predict the Republicans were the Whigs of the 21st Century, heading for extinction. Whatever happened to these rocket scientists?

Many in America’s investor class are fond of ETFs or Exchange Traded Funds and other versions of mutual funds. Your author is an investor in Fidelity’s Contrafund with $112 billion assets under management (AUM). The fund invests in large caps including Facebook, Amazon, Microsoft, Berkshire Hathaway (think Warren Buffett), Adobe, Google …

Cash needs to be a significant portion of any responsible portfolio, which should include a mutual fund or two.

Almost DailyBrett must pause and ask the investor class (anyone who would care to listen), how about being the manager of your own mutual fund (no fees or commissions)? Why not build a portfolio with your own selection of best-in-breed stocks (e.g., Apple)?

To some, this approach may be too risky. To others, do you really need a paid-by-you investment advisor to tell you that Nike is the number athletic apparel manufacturer in the world? Why not buy the stock when the next inevitable dip comes around?

Buy Low Sell High.

For the most part, America’s Investor Class radiates out from Main Street. To suggest that Wall Street needs to be reined in and economic freedom should be curtailed by those who determine the so-called Public Good is contrary to the best interests of millions investing for retirement, a child’s education, a dream house or a new business.

It takes a free market to raise a child.

Wall Street is Main Street.

P.S. Be careful about investing in The State of California.

https://www.economist.com/leaders/2020/05/07/the-market-v-the-real-economy?

https://www.cnbc.com/2020/05/07/california-faces-a-staggering-54-billion-budget-deficit-due-to-economic-devastation-from-coronavirus.html

https://www.apple.com/newsroom/2019/10/apple-reports-fourth-quarter-results/

State and Local Sales Tax Rates, 2020

https://www.cnbc.com/2020/04/15/california-to-give-cash-payments-to-immigrants-hurt-by-coronavirus.html

https://almostdailybrett.wordpress.com/2019/06/20/californias-growing-diaspora/

What Percent Of Americans Own Stocks?

State Individual Income Tax Rates and Brackets for 2020

From a public relations and mass communications standpoint, we need to leave the past — most of all recriminations — to the mass media. Let them focus on the fact that we again slept at dawn.

Hint: They were sleeping as well.

We need to envision and more importantly, credibly and practically project better times in the future. We need to balance our justified health concerns with our economic hopes.

Will we have a national resurrection by Easter Sunday, April 12? Maybe? Most likely, not?

If not, the media will happily tell us how our loving optimist-in-chief somehow failed in the face of continued darkness.

And yet his approval rating continues to rise, and his score for handling the corona virus reaches 60 percent thumbs up against 38 percent thumbs down.

As Teddy Roosevelt (pardon the paraphrase from heaven, POTUS #26) told us in his famous 1910 speech to the students at Paris’ Sorbonne, it’s not Gloomy Gus or Negative Nancy who counts, or how the strong man or woman stumbles or how she or he could have done better.

The credit belongs to those who are in the arena.

We need more of those, who dare to suggest with credibility that yes life will get better. We are not eternally condemned to the boredom of our living rooms.

Some day we will standing in line for the barista, waiting for our beer or wine, actually ordering our food to a table in a restaurant … our hearts thumping with thousands of others, anticipating the first guitar riff or standing up for the kickoff.

U.S. President Donald Trump speaks during a Fox News “virtual town hall” event on the coronavirus (COVID-19) outbreak with members of the coronavirus task force in the Rose Garden of the White House in Washington, U.S., March 24, 2020. REUTERS/Jonathan Ernst

It takes courage to stand up in front of this wall of negativity and suggest that life may be better sooner … much sooner … as opposed to later.

It takes moxy to purchase shares of best-in-breed stocks (i.e., Apple, Microsoft, Nike, NVIDIA, McDonalds, Starbucks …) as the markets refuse for weeks to stretch two or more positive trading days in a row. Volatility will eventually be tamed, most likely not now.

It takes compassion to swipe our credit card at our local coffee place, order books online from our regional bookseller, call for take out at our favorite Italian place. With our economic freedom maintained, we can choose who and how much to support.

They have been there for us. Isn’t time for us to be there for them?

It’s so easy to hunker down and to shut down for the “common good.” It’s harder to dream again, and to express hope.

We Need Good News

“Hope is believing good will come, even in bad times. 

“Hope is knowing that this too shall pass.

“Hope is knowing no matter how afraid we are, our higher power will be with us.

“Hope is knowing that we never have to be alone again. It’s knowing that “Time Is On Our Side.’

“Hope is giving up control. Hope is knowing we didn’t have control in the first place.” — Rolling Stones lead guitarist Ronnie Wood.

Almost DailyBrett believes there are more than a few, who have major problems with the United States and its world’s largest gross domestic product (GDP) at $21.99 trillion (prior to the impact of the Corona virus, COVID-19).

To them the USA needs to redistribute the pie, not expand it to offer more pieces for everyone.

The word “balance” seemingly does not exist in ivory towers on campuses, the deep state or in some media empires.

Until recently, climate change dominated. “How dare” anyone suggest thoughtful consideration of those who work and thrive in our world-best economy?

And now the little corona virus bugger has replaced the planet — at least for now — as the single most priority. Forget about producing products we use or compensating our employees. Allocating $25 million for the Kennedy Center for the Performing Arts in DC is just so vital to beating this global epidemic.

As we debate looking for the positive versus being Gloomy Gus or Debbie Downer, we know two things for certain:

Teddy Roosevelt is forever enshrined on Mt. Rushmore.

No one will ever build statues to critics, including Negative Nancy.

https://www.nationalreview.com/news/id-love-to-have-it-open-by-easter-trump-hopeful-economy-will-be-revived-in-coming-weeks/?utm_source=email&utm_medium=breaking&utm_campaign=newstrack&utm_term=19820067

http://www.theodore-roosevelt.com/trsorbonnespeech.html

https://news.gallup.com/poll/298313/president-trump-job-approval-rating.aspx

 

Muhammad Ali was the self-proclaimed, ‘Greatest of All Time.’

And then Joe Frazier walloped him with a massive left hook, sending Ali and his pretty red tassels sprawling on the canvas.

The lesson: Be careful about labeling someone, anyone — particularly anointing yourself — as the ‘Greatest.’

As an on-and-off naturalized Oregonian since 1975, Almost DailyBrett believes it’s now safe to make the call about the state’s greatest-ever citizen.

Hands down, it has to be Phil Knight.

Happy Birthday #82, Uncle Phil.

Some may want to immediately contend that Knight is being named Oregon’s greatest simply because he the 16th wealthiest in the world with an estimated fortune of $35.9 billion (Forbes). Bernie Sanders says billionaires should not exist. Oregon should be proud that Phil Knight more than exists; he thrives and cares.

To be considered by Almost DailyBrett for this lofty honor, one has to be born in Oregon. Salem lists among its most influential: President Herbert Hoover, Governor Tom McCall, trail blazers Meriwether Lewis and William Clark, but alas … none of them were born in Oregon.

Some worthy native Oregonian candidates for the ‘greatest’ designation include: Oregon track coach Bill Bowerman, Senator Mark Hatfield, author Ken Kesey, Senator Wayne Morse, runner Steve Prefontaine and democratic socialist John Reed.

Sorry being the only American to be buried in the Kremlin Wall (played by Warren Beatty in the interminable “Reds”) does not put Reed at the very top of the greatest Oregonians list.

Why is Phil Knight the greatest? Let’s Just Do It.

Never In Recorded History Have So Many Oregonians Owed So Much To One Man

If one Googles (21st century verb) the word, “entrepreneur,” the image of one Philip Hampson Knight should serve as the definition.

His best seller, “Shoe Dog,” tells the story of how he turned a $1,000 loan from his father and almost failing about nine times, he actually turned the proverbial corner with his athletic apparel company, Nike.

Today, Almost DailyBrett is a happy-camper-investor for many moons in the global athletic apparel market leader by far, Nike (NYSE: NKE).

The total amount invested in Nike stock is $156 billion (e.g., Feb. 21 market capitalization figure) with shares trading at 35 times multiple compared to the prior year’s earnings (P/E ratio).  Beaverton, Oregon-based Nike reported annual revenues of $39.1 billion in FY ’19. In total, 70,000  employees work for Nike globally, 8,000 of them in Oregon.

Without any doubt, Phil Knight’s Nike is the largest and most influential publicly traded company in the history of the State of Oregon. Think of Nike this way, great company, great products, great employer and great publicly traded company. How’s that for fiduciary responsibility?

Nike pioneered its much copied marketing campaigns celebrating The Athlete: Michael Jordan, Tiger Woods, Roger Federer, LeBron James,  Rafael Nadal, Kevin Durant, Rory McIlroy, Stephen Curry and many, many others.

Almost DailyBrett has not always agreed with Nike’s marketing decisions (e.g., Nike Takes A Knee), particularly designing and selling apparel associated with NFL persona non grata, Colin Kaepernick. Your author has never expected perfection with any individual or organization (impossible distinction to achieve, let alone maintain), and the same is true with Nike.

Giving Back To His Native State, Oregon

“And here at home in Oregon, we believe the potential to arm our talented young people with the skills and tools, they will need to have a lasting impact on the world and to pursue rewarding careers, make such (charitable) investments essential.” — Phil Knight upon making a $500 million pledge to the University of Oregon for a new science center

When discussing Uncle Phil’s financial impact you are reaching the end of the beginning of the Phil Knight story, not the beginning of the end. Knight’s legend particularly revolves on his giving back to his native Oregon and the world.

Preparations for the opening of the Knight Cancer Research Building, August 21, 2018. (OHSU/Kristyna Wentz-Graff)

Considering that Phil’s business strategies and his company focused on sports (e.g., track and field), it’s only natural to first emphasize his sports philanthropy, particularly for his alma mater, the University of Oregon (e.g., BA in Business Administration, 1959). He has given more than $300 million (and counting) to the school’s Athletic Department, including $100 million to the UO Athletics Legacy Fund.

Academically, he contributed the lion’s share to the $27 million renovation to the University of Oregon Knight Library. The name of his late father and 1932 Oregon Law grad, William W. Knight, adorns the 68,000-square foot UO law school.

He has also directed $500 million-plus to Oregon Health Sciences University’s (OHSU) Knight Cancer Institute, and $125 million more to establish the OHSU Cardiovascular Institute.

Knight’s generosity is not limited to Oregon universities, as he gave $105 million to the Stanford Graduate School of Business (e.g., MBA, 1962). Recently, he pledged another $400 million to Stanford to establish an on-campus new graduate scholarship program.

With all due respect to the memories and accomplishments of Governor McCall and Senators Hatfield and Morse, Bowerman, Pre, Kesey and Kremlin Wall fixture, John Reed … none of them rose to the level of entrepreneurial and philanthropic success and impact on Oregon’s past, present and future than Phil Knight.

Yes indeed without any conceivable doubt, Phil Knight is the greatest Oregonian of all time.

https://sos.oregon.gov/blue-book/Pages/explore/notable/knight.aspx

https://sos.oregon.gov/blue-book/Pages/explore-oregonians.aspx

https://www.oregonlive.com/life-and-culture/erry-2018/07/227b06fbff2915/the-100-greatest-oregonians-ev.html

https://www.forbes.com/forbes-400/#39cd30857e2f

https://www.businessinsider.com/athletes-endorsements-nba-golf-tennis-2019-6

https://www.oregonlive.com/business/2016/10/phil_and_penny_knight_will_giv.html#incart_river_index

https://almostdailybrett.wordpress.com/2012/09/25/taxing-uncle-phil-to-death/

https://almostdailybrett.wordpress.com/2018/09/04/nike-takes-a-knee/

The same creepy New York maximum solidarity cell, which housed Mexican drug lord Joaquin “El Chapo” Guzman, later where sex offender Jeffrey Epstein committed suicide, now serves as the jail for incarcerated porn-star lawyer and media hound, Michael Avenatti.

El Chapo was convicted in 2019 for his notorious leadership of the dangerous Sinaloa drug cartel. He is now serving a life sentence in the “Alcatraz of the Rockies,” a federal supermax correctional facility in Colorado. Guzman was housed the same Gotham jail cell, while awaiting his trial and life conviction.

Epstein was pondering his own sex trafficking trial, when he was found dead (from suicidal hanging) in the same infamous cell last August. A predictable media storm broke out about what went so horribly wrong with the prisoner oversight at the Metropolitan Correctional Center (MCC). Conspiracy theories abounded since then, and still do to this day.

Avenatti once dreamed of running for president of the United States.

He sued the president of the United States on behalf of his porn star client, Stormy Daniels (Stephanie Clifford). He was the darling of the major news networks … until he wasn’t.

Many Americans including Almost DailyBrett, have repeatedly wondered: When will white-color criminals actually serve jail time?

To describe Avenatti as a fraud is way too kind. He is charged with trying to extort Nike of $25 million, presumably to pay off his reported $10 million in accumulated debt.

And today, we read about Avenatti suffering in jail. He needs three blankets in order to sleep in his cold cell hell. He is having difficulties preparing for his upcoming Nike extortion trial.

Avenatti is being kept in solidarity confinement — a Special Housing Unit (SHU) — for “his own safety.” Guess mixing him with the jail population would not be a good idea. Considering his notoriety, other inmates may not take too kindly to having a big-shot attorney in their midst and may engage in attitude adjustment.

There Are Cases In Which Even Effective PR Cannot Help

How the mighty have fallen?

Avenatti was going to take out POTUS #45. He was cat nip for elite media (e.g., CNN, NBC … ).

Avenatti was a much sought after media star, now he is an inmate.

Almost DailyBrett recognizes there are particular cases when the die is cast, and effective and talented public relations counsel simply will not and cannot work … any longer.

Even if only half of the charges against him are true, Avenatti would still draw predictable questions about how he can live with himself. Does he even care?

Besides attempting to extort $20 million, swindling his client Daniels out of $300,000 in royalties for her book (“Full Disclosure”), and using a portion for his Ferrari lease, Avenatti has racked up $10 million in debts to his second wife, the State of Washington among others.

Avenatti faces a 36-count indictment in California for stealing client funds, tax crimes, bank fraud, false testimony, and aggravated identity fraud. For each and other charge from Nike to Stormy from fraud to theft, his answer is the same … “not guilty.”

He is being persecuted by the Trump administration. Sure.

Almost DailyBrett will plead guilty today (and maybe earlier as well) for harboring a healthy sense of the German compound noun, Schadenfreude. The word translates to being happy when someone else is sad … or in this case, sad, angry and incarcerated.

Harvard Constitutional and Criminal Law Professor Alan Dershowitz told the story about how he was once cancelled as a guest for one of CNN’s talking heads’ prime-time liberal opinion shows. The breathless CNN guest booker informed Dershowitz that he was being cancelled because of the availability of … you guessed it … MIchael Avenatti.

Wonder if CNN has any second thoughts about that decision, assuming CNN is actually capable of having any regrets?

https://www.washingtonpost.com/national-security/michael-avenatti-jailed-in-isolated-unit-that-held-el-chapo-its-for-his-own-safety-warden-says/2020/01/21/e8525e82-3c8e-11ea-8872-5df698785a4e_story.html

https://www.cnbc.com/2020/01/21/judge-orders-michael-avenatti-prosecutors-to-explain-jail-conditions.html

https://www.bbc.com/news/world-us-canada-51201138

https://www.cnbc.com/2019/05/28/michael-avenatti-pleads-not-guilty-to-ripping-off-stormy-daniels.html

https://www.nbcnews.com/news/us-news/michael-avenatti-faces-36-count-indictment-california-n993391

https://www.washingtonexaminer.com/opinion/the-media-elevated-michael-avenatti-to-stardom-his-felony-conviction-reflects-on-them

 

“Oregon is the new Usc on the West Coast … back in my day no one dared recruit So Cal. Now it’s open season and Oregon is hunting.” — National Letter of Intent Day Tweet by USC Heisman Trophy winning QB and now Fox Sports analyst, Matt Leinert

Presumably, these words were mighty difficult for Leinert to write, but the truth is … indeed the truth.

For Almost DailyBrett, Oregon signing Southern California’s best high school football player in 2018 (e.g., DE Kayvon Thibodeaux from Westlake Village) was simply amazing.

For the Ducks to achieve this same distinction two years running (e.g., OLB Justin Flowe from Upland) is beyond comprehension.

Some may contend that Oregon is somehow, someway lucky, and normalcy will eventually return with USC — presumably with a new coach — regaining its rightful place as The Program on the West Coast, if not the nation.

As a former head football manager at USC (BA in Broadcast Journalism) and a former assistant football manager at Oregon (MA in Communication and Society), your author knows a thing or two about these great universities and their football programs.

Your author’s initial observation as a former Baby Boomer Assistant Professor of Public Relations, teaching Millennials for five-years-plus is that tradition doesn’t really matter to Y-Gens born between 1980-2000, let alone the Z-Generation born after the centennial.

Leinert won his Heisman for USC in 2005. The recruits of today were entering kindergarten or first grade when he was hoisting the most famous stiff-arm.

Time flies.

One can argue whether Oregon’s latest five-star stud recruits — Kayvon Thibodeaux, Justin Flowe, Noah Sewell — are Millennials or Z-Gens.

Does it really matter?

What they care about most is what they are experiencing. Their inherited digital native world of social media, smart phones, bitmojis leads to insurmountable interest about what is cool now and better yet, in the future.

Oregon is going to the Rose Bowl … now. Oregon won the Pac-12 … now. Oregon produced the Outland Trophy winner (e.g. LT Penai Sewell) … now. Oregon generated the academic Heisman winner (e.g., Justin Herbert with a 4.01 GPA in science) … now.

Oregon was heading the wrong way just three years ago. Seems like an eternity. Oregon is cool today under the guidance of Coach Mario Cristobal, and most likely Oregon will be cool tomorrow.

The Future Is Now

“They want to play the best teams in the country all the time, and there is no way they are going away from that mentality just to appease … These guys deserve to find out how good they are by playing against the best, so we’re going to continue doing that.” — Oregon Head Coach Mario Cristobal

Next year, Ohio State, Washington, Stanford, Arizona State … and yes, USC … are all making house calls to Autzen Stadium.

The Ducks held serve seven times at Autzen this past season. It will be extremely tough to run the table at home (let alone the road slate) at Autzen in 2020.

Bring it on.

Cristobal is 49-years-young; he looks about 35-years young. He is a former offensive lineman at the University of Miami. Buffed Cristobal appears as if he could play today. He understands beef on both sides of the ball. He is a player’s coach and obviously a masterful recruiter.

Is it any wonder that Oregon’s offensive line produced three All Americas this past season (Sewell, first team, Shane Lemieux, second team, Calvin Throckmorton, third team). Oregon is more than customary speed, the Ducks are bulk as well.

Another under evaluated factor on behalf of Oregon: The Ducks are more than a one-sport school … much more.

The men’s basketball team (e.g., Payton Pritchard) and the women’s basketball team (e.g., Sabrina Ionescu) are both ranked in the Top #10, competing for the respective national championships. The Track and Field program at Oregon is legendary with Hayward Field being upgraded for next year’s Olympic Trials.

And no one can contemplate Oregon these days without mention of billionaire alum Phil Knight and the world’s greatest athletic apparel company, Nike. Reportedly, Washington tried to coerce Nike into paying them more than Oregon. It took two nanoseconds for Nike to decline.

The Huskies are wearing Adidas gear today in the Las Vegas Bowl. Oregon will be sporting Nike swooshes, Just Doing It in the Rose Bowl. Guess that must be the “Washington Way,” watching the Ducks in Pasadena on HDTV.

The Coolness of Pete Carroll

Almost DailyBrett can’t believe that Pete Carroll is 68-years-young, particularly with his always bubbling optimism and his infectious enthusiasm.

Your author will go out on a limb and proclaim no school will ever win the Pac-12 Conference seven years in succession, a feat the USC Trojans under Carroll achieved from 2002 thru 2008, including two national championships.

Alas, USC is no longer cool. Trojan Tradition matters to USC alums, but does it factor with 17-18-year young Z-Gens?

There is no doubt that Oregon is cool.

Can USC be cool again? Can USC be now again? Can USC project the future, again? Can USC lock up Southern California recruiting again?

Will USC ever change its uniforms? Will it put the players’ names on the back of their jerseys? Will the team always wear black shoes?

Alumni may care (too much). Millennials and Z-Gens want cool change.

Coaching matters. USC has not been the same since Carroll left (see Almost DailyBrett blogs on Lame Kiffin) for the Seattle Seahawks after the 2009 season.

Oregon is not the only school, which sports Nike uniforms. The same is true for USC.

Is there another Pete Carroll out there, a special coach that can turn around a program in a single bound? Almost DailyBrett believes that USC will be in the market for just this kind of dude after the 2020 season.

It can be done. Just ask Mario Cristobal and Oregon.

https://bleacherreport.com/articles/2865862-mario-cristobal-says-oregon-wont-schedule-easier-games-in-pursuit-of-cfp-berth

USC loses out on five-star LB Justin Flowe to Oregon on Early Signing Day

“Billionaires should not exist.” — Millionaire U.S. Senator Bernie Sanders (D-Vermont)

“Every billionaire is a policy failure.” — Rep. Alexandria Ocasio-Cortez (D-New York)

“Personal wealth is at best an unreliable signal of bad behavior or failing policies. Often the reverse is true.” — The Economist

Super talented and accomplished media superstar Oprah Winfrey is worth $3 billion.

Basketball Hall of Famer Michael Jordan’s net worth is $1.9 billion.

Hip-hop star/investor Jay-Z just made into the three-comma club at $1,000,000,000.

Did government fail when Oprah, Michael and Jay-Z all succeeded and thrived, each because of their hard work, fortitude, perseverance and incredible talent?

Did anyone of them trade on their … privilege?

Almost DailyBrett doesn’t remember Oprah engaging in insider-trading.

Do you, Secretary Reich?

Ditto for Michael Jordan profiting from a monopoly unless Mr. Reich is pointing to Michael’s near-monopoly of talent against the competition he faced night-after-night in the NBA?

Is Jay-Z guilty of fraud, a political payoff or did he inherit his wealth?

Wonder if any of these “basically 5 ways” to accumulate a billion dollars in America apply to Nike founder/Philanthropist Phil Knight?

Have you read “Shoe Dog,” Professor Reich? Nike almost went under about nine times.

The former Labor Secretary’s “5 ways” Twitter screed is intellectually dishonest, and remarkably easy to discredit.

Alas, it is beneath the respect normally afforded to Robert Reich. Next time go high Mr. Reich instead of racing to the bottom. Talented and hard working people can earn their wealth on their own without resorting to nefarious deeds.

From a policy standpoint, we need to ask:

Should we punish Oprah, Michael, Jay-Z, Uncle Phil and so many others who worked their tushes off to legitimately make their fortunes with a punitive Elizabeth Warren 6 percent wealth tax (up from the original 3 percent proposal), and income tax rates reaching 90 percent or beyond?

Whattyathink Senators Sanders and Warren?

Class warfare — born out of jealousy — is not new.

The effective tax rate for achievers in the United Kingdom in the 1970s once reached 98 percent. If you don’t believe Almost DailyBrett, ask The Beatles … ask The Rolling Stones, who fled to France and recorded “Exile On Main Street.”

Can a near 100 percent confiscatory tax rate, which was thankfully eliminated in the UK by former Prime Minister Margaret Thatcher, happen in the United States of America? Let’s hope not.

Celebrate Instead of Hate?

Almost DailyBrett remembers boys and girls practicing basketball, so they could be “Just Like Mike.”

Your author can imagine girls admiring and wanting to be the next Oprah.

You should check Ellen’s interview with Bill Gates. They discussed the works and deeds of the Bill and Melinda Gates Foundation, donating a cumulative $50.1 billion to fight global childhood poverty and to improve public schools in our country.

According to Forbes, Gates is worth approximately $96.5 billion — give or take a shekel or two — making him the second wealthiest homo sapien on the planet. Virtually everyone in the first world is using Microsoft’s Windows Operating System, inspired and written by Gates. And his charitable foundation has contributed more than any other non-profit ever to make our world a better place (more than most governments).

His former company Microsoft is valued at $1.14 trillion, generates $96.5 billion in annual revenues, and employs 144,000 in well paying positions with full benefits and stock options. Taken together, the performance of Microsoft as a company and the generosity of the Gates Foundation, puts Bill’s wealth into perspective.

Can we have more “policy failures” just like Bill Gates, Phil Knight, Oprah Winfrey, Michael Jordan, Jay-Z and so many more?

Instead of hating people who are wealthy, let’s celebrate and cheer for the achievers (e.g., Michael Jordan).

If we are concerned about billionaires, our policies should focus on stimulating competition (i.e., über-tough content streaming, video game, smart phone markets…), not limitless redistribution or punitive taxation.

If our political intent is to further divide, demonizing billionaires (as others have been publicly denigrated for ages) is a good way to engender one of the seven Deadly Sins: Envy.

If our goal is growth and prosperity, then let’s encourage Millennials and the generations, who will follow, to shoot for the stars. Let them become tomorrow’s Oprah, Michael, Jay-Z, Bill Gates and Uncle Phil.

And if they succeed financially, let’s celebrate them and at the same time root for competitors to keep them on their toes.

https://www.economist.com/leaders/2019/11/09/billionaires-are-only-rarely-policy-failures

https://www.economist.com/finance-and-economics/2019/11/07/have-billionaires-accumulated-their-wealth-illegitimately

https://www.gatesfoundation.org/who-we-are/general-information/foundation-factsheet

https://almostdailybrett.wordpress.com/2019/02/06/the-lonely-guy-standing-in-line-for-a-burger/

https://almostdailybrett.wordpress.com/2012/09/25/taxing-uncle-phil-to-death/

https://almostdailybrett.wordpress.com/2015/08/23/three-comma-club/

https://almostdailybrett.wordpress.com/2011/10/04/taxing-the-fab-four-exiling-the-stones/

Welcome to America’s cul-de-sac: The Pacific Northwest.

There is no state in the nation’s contiguous states, which is located further away from a steady supply of stud football players, let alone media markets, than Oregon.

For the Oregon Ducks, geography could be an easy excuse. Instead, it is a challenge that must and is being surmounted.

Oregon has chosen to compete in terms of marketing, facilities, swagger and success.

Autzen Stadium is rocking on Saturdays, and yet there are some who cannot pronounce the name of the state correctly particularly those east of the Hudson and in bucolic Bristol, Connecticut. … It’s Or-ee-gun.

As a 30-year season ticket holder, Almost DailyBrett was rooting for the Ducks before it was cool.

Your author earned his bachelor’s degree in broadcasting journalism from USC and his master’s degree in communication from the University of Oregon. There is no game that tugs at the heart strings more than when the Ducks and Trojans come together as will be the case this Saturday at the LA Mausoleum.

The illustration of the GPS disparity (e.g., 858 miles) between Los Angeles, California and Eugene, Oregon cannot be minimized. Oregon is the home to 4.19 million souls. The Los Angeles area has 18.79 commuters.

Geography matters.

USC easily has greater access to more stud athletes within a 40-mile radius of its urban campus than Oregon has in a 400-mile radius of its college town setting. Historically, USC recruits and signs more decorated big men on high school campuses than Oregon.

What? Oregon is a 4.5 point favorite over USC in Los Angeles.

How can that be even remotely possible?

Oregon Chose To Compete

Can’t tell you how many times Oregon was confused in the 1990s with … the Beavers.

You can’t tell the difference between “The Jetsons” and “The Flintstones”?

The working pejorative by the lazy sports media was to simply lump the Ducks and Beavers together as … “The Oregon schools.”

Attempting to stay in the game with USC, UCLA, Stanford and Washington for a quarter or two was an accomplishment. If that was indeed the case, the next obvious question was … why bother?

Athletes in Oregon could not practice their game 24,7, 365 because of the state’s wet climate. The team would never prevail. Oregon would never win the conference crown. The Ducks would never go to the Rose Bowl. They would never play for the “Natty.” A Duck would never win the Heisman Trophy.

Whatever happened to all these modern-day Nostradamus,’ who uttered these ex-cathedra proclamations?

Since Almost DailyBrett first purchased his Oregon season tickets and made his initial donation to The Duck Athletic Fund in 1990, the Ducks have won six conference titles. They have played in Pasadena on New Year’s Day four times, winning two. They have competed in the “Natty” twice. And Oregon deity, Marcus Mariota, won the Heisman.

With each accomplishment, Oregon blew away each recruiting disincentive: Can’t work on your game, never will win, never play in a major bowl, never compete for the national championship, will never be in the conversation for the Heisman … let alone win the trophy.

Oregon Reign

It reigns in Oregon. It reigns big time.

Oregon is the ultimate overachiever, not just in football but men’s and women’s basketball and track and field as well.

What are the components of Oregon’s accomplishments?

Marketing: Oregon is forward-looking. Buy the stock. The school doesn’t concentrate on past tradition, but pivots off immediate success to project forward.  Oregon has identified its target audience (high school sophomore and junior studs) with fun football, cool uniforms, playing in ultra-loud Autzen Stadium on national television. The Ducks are cool, and everyone knows it (including those in Seattle and Corvallis). Maybe their images and likenesses of future Ducks will draw the attention of … Nike?

Facilities:  If you build it, will they come? Almost DailyBrett remembers the alumni tent in the gravel parking lot. That mental image was light years ago. Conservatively, Oregon has invested $15 million for the Moshofsky Center (indoor practice facility), $41 million for the John Jacqua (athletic academic support center), $68 million for the Hatfield-Dowlin Complex (football operations center) and $68 million for the expansion of Autzen Stadium.

Kudos for a huge assist from Oregon’s resident alum swoosh billionaire, Phil Knight.

Swagger: The Golden Era of Oregon football has returned. Former lineman Mario Cristobal has brought Alabama smash-mouth football with speed to the perceived soft Pac-12 conference. Cristobal’s energy is infectious. Every potential recruit coming to Eugene, leaves with photos of himself in Oregon football pads with the Nike logo prominently featured. Once again, Oregon is the hunted, not the hunter.

Success: As John Madden once said: “When you win, nobody can hurt you. When you lose, nobody can help you.” After the school’s best-ever results (46-7) during Chip Kelly’s tenure from 2009 – 2012, and recorded three straight conference titles, four BCS bowl games, Oregon fell back into the Pac. Coaching matters.

Oregon comes to the LA Coliseum this Saturday with the wind in its collective sails (5-0 in the Pac-12). The Ducks respect USC, but don’t fear the Trojans. As evidenced by the Washington and Wazzu games, the contest is expected to be close, real close.

One way or the other, Oregon will be competing for conference title on December 6.

Will our fine-feathered friends have a Rosey future? Expect the Ducks to compete like hell for Pasadena, because they can.

https://almostdailybrett.wordpress.com/2019/01/02/the-conference-of-champions/

https://almostdailybrett.wordpress.com/2012/08/16/rooting-for-oregon-before-it-was-cool/

 

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