SECURITIES AND EXCHANGE COMMISSION 
                          Washington, D.C. 20549 
 
 
                                 FORM 8-K 
 
 
                              CURRENT REPORT 
 
 
                   Pursuant to Section 13 or 15(d) of the 
                      Securities Exchange Act of 1934 
 
 
 
   Date of Report (Date of earliest event reported) January 9, 1998 
 
 
 
                                 NIKE, INC. 
             (Exact name of registrant as specified in its charter) 
  
 
         Oregon                   1-10635                  93-0584541 
(State of incorporation)      (Commission File           (IRS Employer 
                                   Number)              Identification No.) 
 
One Bowerman Drive, Beaverton, Oregon                      97005-6453 
(Address of principal executive offices)                   (Zip Code) 
 
(503) 671-6453 
             (Registrant's telephone number, including area code) 

Item 5.  OTHER EVENTS 
 
The Registrant issued the following press release on January 9, 1998: 
 
BEAVERTON, OR  (January 9, 1998)  - NIKE, Inc. (NYSE:NKE) announced today 
that vice president and chief financial officer, Robert Falcone, has 
resigned his position with the company to pursue opportunities outside 
NIKE. 
 
Falcone, 50, formerly a partner with the accounting firm of Price 
Waterhouse, has been with the company since 1990, serving as its CFO 
for the past six years.

"Bob has served NIKE well during a period of unprecedented growth and 
we wish him well in all his future endeavors," said NIKE President and 
Chief Operating Officer Tom Clarke. 
 
NIKE has named Robert Harold, its current controller, as interim chief 
financial and accounting officer pending selection of a permanent 
successor.  Harold, 50, has been with NIKE since 1984, serving the 
company in various financial capacities after leaving the private practice 
of accounting, also with Price Waterhouse.

NIKE, Inc., based in Beaverton, Oregon, is the world's leading 
designer and marketer of authentic athletic footwear, apparel, equipment 
and accessories for a wide variety of sports and fitness activities. 

  SIGNATURES 
 
Pursuant to the requirements of the Securities and Exchange Act 
of 1934, the Registrant has duly caused this report to be signed 
on its behalf by the undersigned hereunto duly authorized. 
 
                                          NIKE, Inc. 
                                        (Registrant) 
 
Date:  January 9, 1998 
 
 
                                         By /s/ Robert E. Harold
                                            Chief Financial Officer