Phil Knight, Sonny Vaccaro In Action

Ben Affleck, Matt Damon In Action As Phil Knight, Sonny Vaccaro In 'AIR' Trailer

Months after best buds Ben Affleck and Matt Damon hit the set of their new movie, AIR, portraying Phil Knight and Sonny Vaccaro, the trailer for the highly anticipated biopic documenting the rise of Nike just dropped!

The upcoming movie, also starring Jason Bateman, Viola Davis, Marlon Wayans and Chris Tucker, is based on Knight and Vaccaro -- who brought Michael Jordan to the Swoosh.

Nike was launched in 1972 (Knight started another running company in the 60s), and was the opposite of the powerhouse it is today. The business began to grow, but really exploded when Vaccaro, played by Damon, got Jordan to sign with…