An exploding sneaker can trigger a devilish insurance payout for a college basketball star.
Zion Williamson, a forward for Duke University Blue Devils who is expected to be No. 1 in this year's NBA draft, suffered a knee exercise when his shoe crashed in front of thousands of fans – some of which paid Super Bowl-like prizes at their seat because the indoor stadium only has about 9,300 seats – in a game against archrival North Carolina on Wednesday. These fans included former President Barack Obama – unsure of what he paid for his court seat.
Bu doesn't have to worry about Mr. Williamson's finances. He has an $ 8 million insurance policy that kicks in if he falls over No. 1
Sports fans in the investment community were unhappy with Nike Inc., the maker of Mr. Williamson's shoes expressed their dissatisfaction by sending the company's shares down more than 1% at the beginning of Thursday.
This alumni in Syracuse University hope. Mr Williamson takes at least one game to heal. The blue devils play orange on Saturday in Syracuse.