Nike's decision to pull its Betsy Ross-inspired American flag sneaker is coming at a cost — likely to the tune of $2 million.
One day after Nike pulled its Betsy Ross-inspired American flag sneakers, Arizona Gov. Doug Ducey announced plans to withdraw financial incentives for the company to build a manufacturing plant in the state. If approved, the decision would revoke a waiver of $1 million in development fees, as well as a reimbursement of up to $1 million for creating jobs in the state.
One day after Nike pulled its Betsy Ross-inspired American flag sneakers, Arizona Gov. Doug Ducey announced plans to withdraw financial incentives for the company to build a manufacturing plant in the state. If approved, the decision would revoke a waiver of $1 million in development fees, as well as a reimbursement of up to $1 million for creating jobs in the state.
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