“A bird in the hand is worth two in the bush.”
Don’t try telling that to the NBA Hall of Famer who, 45 years ago, turned down a 10 percent interest in a fledgling sports apparel venture recently launched in the city where he was starring. This young stud – an Olympic champion, Rookie of the Year and Most Valuable Player already – accepted instead a flat sum of $100,000 for his marketing stamp of approval.
If you or I were Spencer Haywood back in 1973, would we have chosen any differently when presented such an offer by a Seattle slickster (who himself would earn a ticket to Springfield) named Phil Knight?