Nike completed a $75m equity investment in the WNBA.

Nike, a designer, marketer, and distributor of authentic athletic footwear, apparel, equipment, and accessories, completed a $75m equity investment in the Women's National Basketball Association, a professional basketball league. “Women’s sport is one of the best investments, with great potential to impact and grow the next era of basketball. Nike has always been more than a sponsor with the WNBA – we’re a strategic partner. And we’re proud to be part of a movement to redefine the future of sport for a new generation – for WNBA players, fans and girls,” Sonja Henning, North America League Partnerships, NIKE, Inc. Vice President.