Dear Colleague, Last week, NASCAR announced a prominent new NASCAR team owner: NBA legend Michael Jordan. Jordan teamed up with NASCAR's Denny Hamlin . They are now the owners of a NASCAR Cup Series team, with Bubba Wallace as a featured driver. In the world of US College football, it turns out that a month before laying off or furloughing almost half its staff, the Pac-12 paid out performance bonuses, according to The Mercury News. In fact, 50 employees, including Commissioner Larry Scott, apparently received bonuses that were in the “four- to lower-five-figure range,” totaling a potential $4M. Last week, Nike shares jumped more than 12% after trading closed last week following a better-than-expected earnings report.
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