Nike was founded in 1962 as Blue Ribbon Sports by Phil Knight to provide high-quality, affordable shoes designed by athletes for athletes. It grew to sponsor major sports leagues and athletes. By the 1980s, Nike had signed Michael Jordan and released the popular Air Jordan line of basketball shoes. In the 1990s and 2000s, Nike expanded globally and into new sports through sponsorships and brand endorsements, including signing Tiger Woods for golf and Lance Armstrong for its Livestrong campaign. Today, Nike has over 30% of the global shoe market and uses innovative technology, celebrity endorsements, and virtual experiences to engage customers around the world.