Nike co-founder worth $35.4bn splurges huge amount to try and get more Republicans elected in Oregon
Nike co-founder worth $35. 4bn splurges huge amount to try and get more Republicans elected in Oregon UK Daily Mail ^ | 11/25/2025 | KELLY GARINO Posted on by DFG A co-founder of Nike has spent a staggering $3 million in a bid to boost Republican victories in Oregon. Phil Knight, worth an estimated $34. 4 billion, donated a sliver of his wealth last month into the Bring Balance to Salem PAC, which aims to curb Democratic dominance in state politics, according to the Willamette Week. The political action committee, founded in 2021, spent nearly $5 million in 2022 and slightly more again in 2024 to support Republican candidates. Democrats now dominate both legislative chambers, holding an 18-12 majority in the Oregon state Senate and a 37-23 majority in the House a three-fifths margin in each giving them the power to push through new or increased taxes without Republican votes. Between 2022 and 2024, the 87-year-old businessman personally contributed $2 million to the cause. Just weeks before November’s election results that favored Democrats nationwide, Knight signed off on an eye-popping $3 million, breaking his own record for political spending. The president’s party typically loses seats in the midterms. As a result, Democrats are expected to be the ones who benefit in 2026. With his big-money bets, Knight is trying to defy the usual midterm pattern, yet analysts, including the Cook Political Report, foresee a solid 2026 for Democrats though gains may be limited by the scarcity of competitive races. Knight’s donation has boosted the committee’s cash on hand to $3. 93 million, fueling its push to chip away at Oregon’s Democratic majority. His commitment to dish out big money hints that he could take an aggressive approach in the governor’s race as well. In 2022, Knight poured $3. 75 million into former state Senator Betsy Johnson’s independent bid and $1. 5 million into state Senator Christine Drazan’s Republican campaign. (Excerpt) Read more at dailymail. co. uk . TOPICS: US: Oregon KEYWORDS: Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC PO Box 9771 Fresno, CA 93794 Thank you very much and God bless you. 1 posted on by DFG Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by.
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