EXHIBIT 21
 
SUBSIDIARIES OF THE REGISTRANT.
 
    NIKE, Inc. has 36 wholly-owned subsidiaries, four of which operate in the
United States, and 32 of which operate in foreign countries. All of the
subsidiaries, except for Tetra Plastics, Inc., carry on the same line of
business, namely the design, marketing, distribution and sale of athletic and
leisure footwear, apparel, accessories, and related equipment. Tetra Plastics,
Inc., a Missouri corporation, manufactures and sells various types of plastics.