Book Excerpt Spencer Haywood and the Nike deal that could have turned out so much better By Gary Washburn and Marc Spears Globe Staff and ESPN, Updated October 5, 2020, 2:04 p.m.

However it didn't turn out as well as it could have for Haywood, whose 10 percent stake in Nike would be worth somewhere around $8.6 billion today.

The latest tidbit to surface might be the most intriguing of all. Via ClickonDetroit.com, Haywood turned down a 10 percent ownership share in Nike on the advice of his agent 30 years ago.

Spencer Haywood discusses his upcoming movie, plans to build a retirement community for former players, and Nike sneaker line.

Spencer Haywood’s $8.6 billion mistake HE WAS given an extraordinary offer that would have made him the richest athlete in the world today. He turned it down.

Spencer Haywood was once in Maurice Clarett's shoes, and walked the road less traveled: He challenged the system. Haywood, who 33 years ago revolutionized sports by convincing the Supreme Court he ...

Former four-time NBA All-Star Spencer Haywood could have joined LeBron James and Michael Jordan in basketball's billionaire club but his shares in Nike were sold ...

Magic Johnson and Spencer Haywood have a few things in common. They used to play for the LA Lakers and they missed out on at least $2 billion after turning down Nike.