Phil Knight Rumors

This year is the first ever PK80 tournament in Portland, Oregon, honoring Nike founder Phil Knight’s 80th birthday. And in honor of the event, LeBron James gifted several teams their own versions of the LeBron 15. Of course, James had to hook up his Buckeyes.

Nike co-founder Phil Knight has stepped down from his role of chairman on the brand’s board of directors, Street Insider reports. The management change means a promotion for Mark Parker, CEO and president of Nike since 2006, who will now serve as chairman. “Phil’s impact on Nike is immeasurable,” said Parker. “His entrepreneurial drive is and always will be part of our DNA.”