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According to [[Forbes]] magazine, the Nike brand was valued at $19 billion in 2014. This makes it the most valuable sports business.<ref>{{cite news|url=https://www.forbes.com/sites/mikeozanian/2014/10/07/the-forbes-fab-40-the-worlds-most-valuable-sports-brands-2014/|title=The Forbes Fab 40: The World's Most Valuable Sports Brands 2014|last=Ozanian|first=Mike|date=July 10, 2014|agency=[[Forbes]]}} Retrieved February 20, 2015</ref>
According to [[Forbes]] magazine, the Nike brand was valued at $19 billion in 2014. This makes it the most valuable sports business.<ref>{{cite news|url=https://www.forbes.com/sites/mikeozanian/2014/10/07/the-forbes-fab-40-the-worlds-most-valuable-sports-brands-2014/|title=The Forbes Fab 40: The World's Most Valuable Sports Brands 2014|last=Ozanian|first=Mike|date=July 10, 2014|agency=[[Forbes]]}} Retrieved February 20, 2015</ref>
== Betsy Ross flag ==
== Betsy Ross flag controversy ==
Nike released a shoe featuring a [[Betsy Ross|Betsy Ross flag]] called the ''Air Max 1 Quick Strike Fourth of July trainers'' in July, 2019, to celebrate [[Independence Day]]. The model was discontinued after [[Colin Kaepernick]] told Nike he and others found the flag offensive because of its association with slavery. Following the incident, Nike requested that all merchants return the shoes, without stating any reason.<ref>https://www.newsmax.com/newsfront/nike-betsy-ross-flag-nike/2019/07/01/id/922915/</ref>
Nike released a shoe featuring a [[Betsy Ross|Betsy Ross flag]] called the ''Air Max 1 Quick Strike Fourth of July trainers'' in July, 2019, to celebrate [[Independence Day]]. The model was discontinued after [[Colin Kaepernick]] told Nike he and others found the flag offensive because of its association with slavery. Following the incident, Nike requested that all merchants return the shoes, without stating any reason.<ref>https://www.newsmax.com/newsfront/nike-betsy-ross-flag-nike/2019/07/01/id/922915/</ref>
[[Conservatives]] protested the decision on [[social media]] by destroying their products and writing about why it was a bad decision.<ref>https://www.newsmax.com/finance/headline/nike-social-media-betsy-ross/2019/07/03/id/923254/</ref>
This event has had controversy even with conservatives, as using the [[American flag]] on an article of clothing is against the [[United States Flag Code]].<ref>http://www.usflag.org/uscode36.html</ref><ref>https://www.newsmax.com/newsfront/nike-flag-clothing-flags/2019/07/04/id/923307/</ref>
==References==
==References==