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2018 → ONGOING Alive Category Sport / Footwear

Allyson Felix

Called out Nike in public over how it treated pregnant athletes. Then started her own shoe company.

The move

Allyson Felix is the most decorated American track and field athlete in Olympic history. In 2018 she gets pregnant. She tells Nike, her sponsor for more than ten years, in the middle of a contract renewal.

Nike offers her 70% less than her last deal. Won't protect her pay if her performance dips during pregnancy and just after. The standard contract treated pregnancy like an injury. Most sponsored athletes signed quietly. In May 2019 Felix writes a piece in the New York Times calling it out by name.

She loses the Nike deal. Within months the op-ed pushes Nike, Burton, Altra and other big brands to add maternity protections to their contracts. The US Congress holds hearings. Felix doesn't go back to a big shoe sponsor. In 2021 she launches her own brand, Saysh, making shoes built for women's feet, which most performance shoes weren't actually built for.

Saysh becomes the first women-led footwear brand to kit out a US Olympic athlete at the Games. Felix wore her own shoes when she won her 11th Olympic medal in Tokyo in 2021. The most by any American track athlete ever.

Why it was risky

Calling out Nike in public meant losing the deal, the kit, the media support and most of what an Olympic career gets built on. Nobody had made a women's running shoe brand work against the big names. Felix had a baby, no contract and an idea. Her whole third act rested on being right about a category nobody had built yet.

What it looked like

EVIDENCE 01 / ALLYSON FELIX, NIKE MATERNITY OP-ED / NYT 2019

The numbers

11 OLYMPIC MEDALS (MOST BY ANY US TRACK ATHLETE)
3 MAJOR BRANDS CHANGED MATERNITY POLICIES AFTER HER OP-ED
1st WOMEN-LED SHOE BRAND TO OUTFIT A US OLYMPIAN

From a 70% pay cut offered during pregnancy to founding the first women-led footwear brand to kit out a US Olympian. The op-ed changed the rules for the whole industry. The brand changed what an athlete's legacy could look like.

The lesson

The op-ed wasn't the bet. Building her next chapter from the seat she was meant to leave was. Felix didn't stop at fighting for a fairer Nike contract. She walked into a category nobody was building and built it. R.I.S.K. is for people ready to turn the moment they were meant to retire into a launch.

→  Take the risk

Risk shape

Mode
ATHLETE-AS-ASYMMETRIC-BET
Distribution
POWER-LAW
Capital
PERSONAL · REPUTATIONAL
The other system's verdict
KILLED IN THE RENEWAL NEGOTIATION

Allyson Felix walked away from Nike and started her own brand mid-career. A sponsorship director with the same idea would be told it's "off-cycle and outside category budget" and to circle back next quarter.

→  See how risk actually works
#RiskThe moveYearStatusLink
01 Steve Jobs Killed 70% of Apple's product line. Bet on taste. 1997 Legacy Read → 02 Phil Knight Put everything on importing shoes. Built Nike. 1964 Alive Read → 03 Virgil Abloh Architect, no fashion training. Ran Louis Vuitton menswear. 2013 Legacy Read → 04 Patagonia Don't buy this jacket. Gave the company to Earth. 1973 Alive Read → 05 Michael Jordan Walked from Adidas. Bet on his own name. 1984 Alive Read → 06 Rick Rubin Started a label in his NYU dorm. 1984 Alive Read → 07 Sir Alex Ferguson Bet a dynasty on teenagers. Class of '92. 1986 Legacy Read → 08 Kanye West (Ye) Burned the playbook every album. 2004 Alive Read → 09 Madam C.J. Walker Built a beauty empire from a stovetop formula. 1905 Legacy Read → 10 Liquid Death Sold still water like a death-metal beer. 2019 Alive Read → 11 Reed Hastings Killed the DVD to bet on streaming. 1997 Alive Read → 12 Sheryl Sandberg Left Google for a money-losing Facebook. 2008 Legacy Read → 13 Indra Nooyi Bet Pepsi on health before the market wanted it. 2006 Legacy Read → 14 Brian Chesky Strangers sleeping in your house. Now public. 2008 Alive Read → 15 Whitney Wolfe Herd Sued Tinder. Built Bumble. Women message first. 2014 Alive Read → 16 Will Ahmed Gave the hardware away. Sold the membership. 2012 Alive Read → 17 Tobi Lütke Couldn't find good software. Built Shopify. 2006 Alive Read → 18 Frank Gehry Buildings everyone said couldn't be built. 1962 Alive Read → 19 Allyson Felix Took on Nike. Started her own shoe company. 2018 Alive You are here 20 Rodney Mullen Invented the tricks. Gave them all away. 1980 Alive Read → 21 Tony Hawk Bet his name on a dying sport. Built an empire. 1992 Alive Read → 22 Jack White Bought pressing plants while the industry scrapped them. 2001 Alive Read →