Scott Galloway: Nike's Billion-Dollar Bargain

Loser: ESPN, as subscribers flock to streaming platforms and ad revenue declines. Winner or Loser? Nike, for its $1 billion deal with Cristiano Ronaldo. Winner: Salespeople. With influencers losing trust, brands are now recruiting "expert" salespeople to rep their products. Winner: Students turning to GoFundMe to cover the cost of their college educations. (0:06) L2 Analysis of Business Insider Data. http://read.bi/2ldrPbO (0:10) “NFL Signs TV Rights Deals with Fox, NBC, and CBS,” Los Angeles Times, December 2011. http://lat.ms/1mZMeM2 (0:10) “Sports Finance,” Gil Fried, Timothy D. DeSchriver, Michael Mondello. http://amzn.to/2mYomL3 (0:15) "ESPN Is Going to Lay Off a Lot of Familiar Faces," New York Post, March 2017. http://nyp.st/2mbgfLj (0:15) "Source: Looming ESPN Layoffs Have Sparked ‘Panic of Biblical Proportions’ Among Talent," Sporting News, March 2017. http://bit.ly/2nrW7HI (0:21) “Mobile ESPN to Launch Nationwide in Best Buy Stores,” ESPN, October 2005. http://es.pn/2o98oh6 (0:36) “Cristiano Ronaldo Generated $500 Million In Value For Nike In 2016,” Forbes, February 2017. http://bit.ly/2mUQ62c (0:42) “Whether LeBron Has A $1B Deal Or Not, Michael Jordan Is Still The King Of Nike,” Forbes, May 2016. http://bit.ly/2nrWEJm (0:50) “Ronaldo Beats Messi By 800% When It Comes To Return On Social Media For Their Brands,” Forbes, February 2017. http://bit.ly/2mUT8nb (1:07) TRACKALYTICS, March 2017. http://bit.ly/2nbC9yA (1:22) “This Company Makes Influencers Out of Everyday People,” Mashable, February 2017. http://on.mash.to/2nrNZqA (1:27) crunchbase, March 2017. http://bit.ly/2nVJLoJ (1:39) “This Company Makes Influencers Out of Everyday People,” Mashable, February 2017. http://on.mash.to/2nrNZqA (1:56) “Do You Hear That? It Might Be the Growing Sounds of Pocketbooks Snapping Shut and the Chickens Coming Home,” AEIdeas, August 2016. http://bit.ly/2nHvdfr (2:01) Irrational Exuberance, Robert Shiller. http://amzn.to/2o98DZE (2:04) “GoFundMe for College,” Brit