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Explore The Rise and Fall of Nike Golf: The $500 Million Mistake with 158,142 views, 680 likes, and 145 comments. Experience the impact of this video content that has captured audience attention.

The Rise and Fall of Nike Golf: The $500 Million Mistake On the morning of August third, two thousand sixteen, a press release went out from Beaverton, Oregon. It was four paragraphs long. It ended a golf company. Nike, the largest sporting goods maker on the planet, announced it would stop making golf clubs. It would stop making golf balls. The equipment side of Nike Golf was finished — no buyer, no farewell tour, and no apology. And everyone believed they already knew the reason why. The reason had a name. The reason had a red shirt. But Tiger Woods did not kill Nike Golf. The clubs were losing money while Tiger was still winning everything. This is the story of how the richest company in sports paid one man five hundred million dollars, spent twenty years chasing Titleist, built clubs that finally became excellent — and walked away the week before graduation. By the end, you will hear the single sentence from Phil Knight that explains it all. If you played the SasQuatch, the square Sumo, the blades from The Oven, or the yellow ball — drop the model and the year in the comments. Those memories are what this channel is built from. Subscribe for the rise and fall of golf's greatest brands: youtube.com/@PersimmonArchive?sub_confirmation=1 In this documentary: Tiger Woods, Phil Knight, Rory McIlroy, Bob Wood, Trevor Edwards, Mike Taylor, Nike Golf, The Oven Fort Worth, Nike Tour Accuracy, Nike One, SasQuatch driver, Sumo Squared, Vapor Fly, Method putters, VR blades, Titleist, TaylorMade, Callaway, Mizuno, Ben Hogan Company, 2000 US Open Pebble Beach, 2005 Masters chip, golf history documentary, rise and fall, golf brands that died.. Sources: Nike Inc. public statements and earnings reports (2013–2016), Golf Digest, Golf.com, ESPN, Forbes, Portland Business Journal, contemporaneous coverage of the August 2016 Nike Golf equipment exit.

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