Nike, Inc. is a major publicly traded sportswear and equipment supplier based in the United States. The company is headquartered near Beaverton, Oregon, which is part of the Portland metropolitan area. It is the world's leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$18.6 billion in its fiscal year 2008 . As of 2008, it employed more than 30,000 people worldwide. Nike and Precision Castparts are the only Fortune 500 companies headquartered in the state of Oregon, according to The Oregonian.
The Pac-12 Conference is a collegiate athletic conference that operates in the Western United States, participating in 24 sports at the NCAA Division I level. Its football teams compete in the Football Bowl Subdivision (FBS; formerly Division I-A), the higher of two tiers of NCAA Division I football competition.