Basketball sneakers are a major business: Total sales are expected to be upwards of $20 billion annually. The biggest name in the industry, of course, is Nike, who has given sponsorships to players like Michael Jordan, Kevin Durant, and Kobe Bryant. However, there is a glaring absence on their roster: Stephen Curry.
The reigning MVP and three-time NBA All-Star with a good chance at making history as the best shooter in the NBA, Curry is an Under Armour loyalist, his ultra-valuable name belonging to the direct competitor of Nike. As ESPN reports, however, Nike lost Curry for a number of incredibly embarrassing reasons: lack of foresight, for one, and clumsiness, for another.
The blown deal could be blamed in part on Nike's representatives mispronouncing Curry's name in a meeting and accidentally leaving a slide appealing to Kevin Durant in their recycled PowerPoint pitch. But Curry was still wavering. Ultimately, it was Curry's adorably bossy young daughter Riley who convinced Curry to sign with Under Armour:
"My favorite story is Riley," Steph says. It's a few weeks before a final decision on the shoe contract must be made. At his agent Jeff Austin's house in Hermosa Beach, California, Curry surveys the array of shoes before him. He asks his baby daughter, "Riley, which one do you like?"
At this point, Riley is little over 1 year old. She is presented with a Nike sneaker, an Adidas sneaker and an Under Armour sneaker. She picks up "shoe one," a Nike. "Threw it over her shoulder," Curry says. "She picked up shoe two, threw it over her shoulder. She picked up the third shoe, walked over and handed it to me." It was the Under Armour Anatomix Spawn. "So I knew right then," Curry says, smiling. [ESPN]
Sen. Harry Reid's (D-Nev.) Senate farewell Thursday was filled with moments both heartfelt and humorous, as the Senate minority leader prepares to retire after 30 years in Congress.
Hillary Clinton made her first appearance on Capitol Hill since losing the presidential election to deliver a farewell — and a joke about the recent unexpected turn of events. "This is not exactly the speech at the Capitol I hoped to be giving after the election," Clinton said, after receiving a standing ovation. "But after a few weeks of taking selfies in the woods, I though it would be a good idea to come out." Clinton proceeded to praise Reid's work passing "landmark legislation that made life better for American families, specifically mentioning his role in making the Affordable Care Act law.
Vice President Joe Biden started his tribute by saying, "My name is Joe Biden and I work for Harry Reid." He proceeded to reminisce on Reid's habit of ending phone calls abruptly, saying, "Every time I hear a dial tone, I think of Harry." But Biden — who worked alongside Reid in the Senate for 25 years — put the jokes aside to honor his friend and colleague. "I love you, pal," Biden said. "I know that embarrasses you, but I do."
Reid's incoming replacement as Senate minority leader, Sen. Chuck Schumer (D-N.Y.), also delivered a tribute, as did Reid's Republican counterpart, Senate Majority Leader Mitch McConnell (R-Ky.), and his Democratic counterpart in the House, Rep. Nancy Pelosi (D-Calif.). Reid's portrait will be unveiled and hung on Capitol Hill later Thursday. Becca Stanek
Reince Priebus, the Republican National Committee chairman picked by President-elect Donald Trump to be White House chief of staff, once reportedly tried to talk Trump out of seeing his campaign through to Election Day. Citing "a person briefed on the conversation," New York's Gabriel Sherman reported Thursday that Priebus told Trump he should drop out of the race after the Access Hollywood tape of Trump making lewd comments about women was leaked in early October.
Priebus reportedly said that if Trump did not cut his losses then, he would "go down with a worse election loss than Barry Goldwater's." In the 1964 presidential election, the Republican presidential candidate lost to then-Democratic candidate Lyndon B. Johnson, winning just 52 electoral votes while Johnson won 486.
As we all know now, Priebus ended up being dead wrong about Trump's prospects. Trump, unlike Goldwater, won 306 electoral votes to Hillary Clinton's 232. While Priebus' nomination as chief of staff would indicate both he and Trump have moved past the incident, Sherman reported that not everyone on Trump's team has. Some, Sherman wrote, are "dismayed by Priebus' influence because they question the Washington insider's loyalty to the president-elect."
Former Ohio senator, astronaut, and aviator John Glenn died Thursday at the age of 95, The Columbus Dispatch reports. Glenn was hospitalized a week ago at the James Cancer Hospital at Ohio State University, although his specific condition was unknown and was not necessarily cancer.
Glenn achieved many "firsts" in his lifetime, including being the first American to orbit Earth, breaking the transcontinental flight speed record, and becoming the oldest person in space.
— TODAY (@TODAYshow) December 8, 2016
"John Glenn is, and always will be, Ohio's ultimate hometown hero, and his passing today is an occasion for all of us to grieve," Ohio Gov. John Kasich said. "As we bow our heads and share our grief with his beloved wife, Annie, we must also turn to the skies, to salute his remarkable journeys and his long years of service to our state and nation. Though he soared deep into space and to the heights of Capitol Hill, his heart never strayed from his steadfast Ohio roots. Godspeed, John Glenn!" Jeva Lange
Only 51 percent of 30-year-old Americans make more money than their parents did at the same age, economists and sociologists from Stanford, Harvard, and the University of California have learned. The results of their study reflect a shocking decline from four decades prior, when 92 percent of American 30-year-olds in 1970 earned more than their parents did at a similar age.
"My parents thought that one thing about America is that their kids could do better than they were able to do," Raj Chetty, an economist on the research team who emigrated from India at age 9, told The Wall Street Journal. "That was important in my parents' decision to come here."
It isn't immediately clear why Americans aren't earning as much, but economic growth and the widening income gap are likely causes. Regardless, reversing the trend is a daunting task: "If income distribution remains as tilted toward the wealthy as it is now, [the researchers] calculate, it would take sustained growth of more than 6 percent a year, adjusted for inflation, to return to an era where nearly all children outearned their parents," The Wall Street Journal notes. "Since World War II, the U.S. hasn't experienced anything near that level of growth for a lengthy period of time." Jeva Lange
While at an amber market in Myanmar, Chinese paleontologist Lida Xing stumbled upon an extraordinary clue about the appearance of dinosaurs. Enclosed in a chunk of amber for sale, Xing spotted what turned out to be the perfectly preserved tail of a dinosaur that roamed the Earth some 99 million years ago. Her discovery marked the first time a mummified dinosaur skeleton has ever been found, and a paper on it was just published in the journal Current Biology.
— USA TODAY (@USATODAY) December 8, 2016
Interestingly, the tail was neither big nor scaly. Instead, it measures about 3.7 centimeters in length and it is covered in feathers that appear to be chestnut-colored. The tail's vertebrae aren't fused like that of a bird's tail, suggesting the dinosaur could've moved the appendage in a "whip-like" fashion. Scientists believe the tail came from a young coelurosaur "about the size of a sparrow," BBC reported. At full size, NPR says the dinosaur likely would've been "a little smaller than an ostrich."
— New Scientist (@newscientist) December 8, 2016
Different as this tiny, feathered dino may sound from the mammoth creatures featured in films, scientists say coelurosaurs are actually closely related to both the Tyrannosaurus rex and the velociraptor. Moreover, this newly discovered tail has more and more scientists thinking this feathery creature might be a more accurate portrait of dinosaurs than the ferocious beasts of Jurassic Park. "The more we see these feathered dinosaurs and how widespread the feathers are, things like a scaly velociraptor seem less and less likely and they've become a lot more bird-like," said Ryan McKellar, a paleontologist who co-authored the paper. "They're not quite the Godzilla-style scaly monsters we once thought." Becca Stanek
The reality TV producer best known for his work on The Apprentice will play a role in orchestrating Donald Trump's Inauguration Day festivities, The New York Times reports. Mark Burnett, who is also the executive producer of The Voice, Survivor, and Shark Tank, is reportedly huddling with Trump to plan the events of Jan. 20, 2017:
Despite the modest nature of the events under consideration, [Thomas Barrack Jr., who is leading the presidential inauguration committee], said Mr. Burnett was actively involved in producing the inauguration week festivities. He will have a large team to work with, as the committee's staff in Washington is expected to swell to more than 300 people by Inauguration Day.
"Mark is a genius, and the president-elect loves him," Mr. Barrack said. [The New York Times]
The Inauguration Day events are expected to be completed by Monday, although some details, including two balls, a candlelit dinner, and a "victory reception," are already known. "The president-elect wants this to be simple," Barrack said. "He wants this to be about the people." Jeva Lange
Donald Trump and his allies spent the bulk of the presidential campaign criticizing the "donor class," but at least six of Trump's top appointees so far have been direct or indirect contributors to his campaign, Adam Smith of the nonprofit political advocacy group Every Voice pointed out on Twitter:
Deputy Commerce: family donor
Education: party donor
— Adam Smith (@asmith83) December 8, 2016
Andrew Puzder, who was selected by Trump as labor secretary Thursday, "gave $10,000 to pro-Trump super PAC Rebuilding America Now in August," CNBC reports. "He also donated $75,000 to a Trump joint fundraising committee with the Republican Party and gave the maximum $2,700 to Trump's campaign in May." Steven Mnuchin, Trump's treasury secretary, is also a donor, having given $2,700 to Trump's presidential campaign. Trump's secretary of commerce, Wilbur Ross Jr., is described as a "donor and longtime associate of Trump's," by NPR. Additionally, Ross "helped [Trump] resurrect his casino company after it went bankrupt in the early 1990s." And the Chicago Tribune reports that Todd Ricketts' family spent "$1 million to back Trump's presidential bid." Ricketts was recently tapped for deputy commerce secretary.
Is today's theme "Name a Donor to the Cabinet?"
Mnuchin: finance chairman
Ross: big fundraiser
Ricketts: dad backed pro-Trump super PAC pic.twitter.com/8UehwkhLv3
— Matea Gold (@mateagold) November 30, 2016
Betsy DeVos, who is Trump's pick for education secretary, is described by The New Yorker in such a way: "It would be hard to find a better representative of the 'donor class' than DeVos, whose family has been allied with Charles and David Koch for years." Finally, Linda McMahon, whom Trump named Wednesday as the head of the Small Business Administration, donated $6 million to Trump's super PAC, Rebuilding America Now, in August and September, The Washington Post reports. Jeva Lange