Nike Exec Steps Down After Story on Son’s Sneaker Business / College Sports Power Dynamics

Scott and Eben discuss a recent executive shake-up at Nike. Ann Hebert, the company’s GM of North America, stepped down this week after a Bloomberg Businessweek magazine story detailed her teenage son’s sneaker re-selling business. They also discuss the revealing reaction of Texas Longhorns donors during the school’s reckoning with its “The Eyes of Texas” fight song, and a recent Sportico story that undercut a critical piece of testimony in the NCAA’s fight to preserve amateurism. 'Sporticast' is a new podcast hosted by business journalists Scott Soshnick and Eben Novy-Williams from Sportico that will deliver the inside scoop on the intersection of money and sports. From billion-dollar valuations to team sales, sponsorship contracts and media rights, go behind the scenes on the deals that power the global sports economy. For more coverage and information, be sure to check out sportico.com Learn more about your ad choices. Visit megaphone.fm/adchoices