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Jason Collins's coming out could be a big win for Nike




Jason Collins #98 of the Washington Wizards rebounds against the Chicago Bulls at the United Center on April 17, 2013 in Chicago, Illinois.
Jason Collins #98 of the Washington Wizards rebounds against the Chicago Bulls at the United Center on April 17, 2013 in Chicago, Illinois.
Jonathan Daniel/Getty Images

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Jason Collins's coming out was exciting for Jack Davis, but it's also exciting for Nike. The LGBT community's buying power is reportedly worth almost $800 million.

Nike sponsors Collins, and last June, the company held its first ever LGBT sports summit. That means this news could be a slam dunk for Nike.

Joining us for more is ESPN commentator LZ Granderson.