Nike paid $35 for Swoosh logo, then gifted designer stock and gold ring
One daysingle sourceOne outlet reported this, once - no second voice in this corpus.
All 1 reports on Mon, 19 October 2026
What it is about
Who published it, and when
How it spread - 1 original report
Mon, 19 October 2026
1 report- Times of India22:36first to report
In 1971, Nike co-founder Phil Knight hired college student Carolyn Davidson to design the company’s iconic Swoosh logo for $35. Twelve years later, Davidson received a gold ring shaped like the Swoosh and 500 shares of Nike stock. Her design became one of the world’s most recognisable brand symbols, marking a lasting contribution to Nike’s identity.