SECURITIES AND EXCHANGE COMMISSION 
                                 Washington, D.C.  20549 
 
                                 __________________________ 
 
                                          FORM S-8 
                                    REGISTRATION STATEMENT 
                                            UNDER 
                                  THE SECURITIES ACT OF 1933 
 
                                          NIKE, INC. 
                        (Exact name of issuer as specified in charter) 
                                    ___________________ 
 
          Oregon                                      93-0584541 
(State or other jurisdiction of                      (IRS Employer 
incorporation or organization)                     Identification No. 
 
      One Bowerman Drive 
      Beaverton, Oregon                                97005-6453 
(Address of principal executive offices)               (Zip Code) 
 
 
          Non-employee Director and Consultant Stock Option Agreements 
                              (Full title of the plan) 
 
                               _______________________ 
 
                                  LINDSAY D. STEWART 
                       Vice President, Law and Corporate Affairs 
                                       NIKE, Inc. 
                                    One Bowerman Drive 
                             Beaverton, Oregon  97005-6453 
                          (Name and address of agent for service) 
 
              Telephone number, including area code, of agent for service: 
                                     (503) 671-6453 
 
                                    ___________________ 
 
                                          Copy to: 
                                      STUART CHESTLER 
                                        Stoel Rives 
                                    900 SW Fifth Avenue 
                                Portland, Oregon  97204-1268 
 
                                    ___________________ 
 
                               CALCULATION OF REGISTRATION FEE
 
________________________________________________________________________ 
 
                                            Proposed   Proposed   Amount 
Title of                                    Maximum    Maximum    of 
Securities              Amount              Offering   Aggregate  Regis- 
to be                   to Be               Price Per  Offering   tration 
Registered              Registered          Share (1)  Price(1)   Fee     
 
  Class B Common 
  Stock, no par 
  value                 516,000 Shares      $42.00    $8,889,750  $3,065 
 
 
(1)    The shares are subject to various stock option agreements 
       pursuant to which shares may be purchased for prices ranging 
       from $6.25 to $42.00 per share and an average of $17.23 per share. 
 
 
                                     PART II 
 
                 INFORMATION REQUIRED IN THE REGISTRATION STATEMENT 
 
Item 3.   Incorporation of Documents By Reference. 
 
          The following documents filed by NIKE, Inc. (the "Company") with 
the Securities and Exchange Commission are incorporated herein by 
reference: 
 
          (a)     The Company's latest annual report filed pursuant to 
      Section 13(a) or 15(d) of the Securities Exchange Act of 1934 or the 
      latest prospectus filed pursuant to Rule 424(b) under the Securities 
      Act of 1933 that contains audited financial statements for the 
      Company's latest fiscal year for which such statements have been 
      filed. 
 
          (b)     All other reports filed pursuant to Section 13(a) or 
      15(d) of the Securities Exchange Act of 1934 since the end of the 
      fiscal year covered by the annual report or prospectus referred to 
      in (a) above. 
 
          (c)     The description of the authorized capital stock of the 
      Company contained in the Company's registration statement filed 
      under section 12 of the Securities Exchange Act of 1934, including 
      any amendment or report filed for the purpose of updating the 
      description. 
 
          All reports and other documents subsequently filed by the 
Company pursuant to sections 13(a) and (c), 14 and 15(d) of the Securities 
Exchange Act of 1934, as amended, prior to the filing of a post-effective 
amendment which indicates that all securities offered hereby have been sold 
or which deregisters all securities remaining unsold, shall be deemed to be 
incorporated by reference herein and to be a part hereof from the date of 
the filing of such reports and documents. 
 
Item 4.   Description of Securities. 
 
          Not Applicable. 
 
Item 5.   Interests of Named Experts and Counsel. 
 
          Not Applicable. 
 
Item 6.   Indemnification of Directors and Officers. 
 
          Under the Oregon Business Corporation Act (the "Oregon Act"), 
the Company's Restated Articles of Incorporation (the "Articles"), and 
the Company's Third Restated Bylaws (the "Bylaws"), the Company has 
broad powers to indemnify directors and officers against liabilities 
that they may incur in such capacities. 
 
          The Oregon Act authorizes the indemnification of an individual 
made a party to a proceeding because the individual is or was an officer 
or director against certain liability incurred in the proceeding if: 
 
          (a)     The conduct of the individual was in good faith; 
 
          (b)     The individual reasonably believed that his or her 
conduct was in the best interests of the corporation or at least not 
opposed to its best interests; 
 
          (c)     In the case of any criminal proceeding, the individual 
had no reasonable cause to believe his or her conduct was unlawful; 
 
          (d)     In the case of any proceeding by or in the right of 
the corporation, the individual was not adjudged liable to the corporation; 
and 
 
          (e)     In connection with any proceeding (other than a 
proceeding by or in the right of the corporation) charging improper 
personal benefit to the individual, the individual was not adjudged liable 
on the basis that he or she improperly received personal benefit. 
 
          The Oregon Act also authorizes a court to order indemnification, 
whether or not the above standards of conduct have been met, if the court 
determines that the officer or director is fairly and reasonably entitled 
to indemnification in view of all the relevant circumstances.  In addition, 
the Oregon Act provides that the indemnification described above is not 
exclusive of any other rights to which officers or directors may be 
entitled under the corporation's articles of incorporation or bylaws, or 
under any agreement, action of its board of directors, vote of shareholders 
or otherwise. 
 
          Paragraph A of Article VIII of the Articles authorizes, but does 
not require, the Company to indemnify its officers and directors to the 
fullest extent not prohibited by law against liability incurred in serving 
the Company.  Article IX of the Bylaws requires the Company to indemnify 
its directors and officers to the fullest extent not prohibited by law 
against liability incurred in serving the Company. 
 
          The Oregon Act also authorizes a corporation to include in its 
articles of incorporation a provision eliminating or limiting the personal 
liability of a director to the corporation or its shareholders for monetary 
damages for conduct as a director, except that such a provision cannot 
affect the liability of a director (i) for any breach of the director's 
duty of loyalty to the corporation or its shareholders, (ii) for acts or 
omissions not in good faith or which involve intentional misconduct or a 
knowing violation of law, (iii) for any unlawful corporate distribution as 
defined in the Oregon Act, or (iv) for any transaction from which the 
director derived an improper personal benefit. 
 
          Paragraph B of Article VIII of the Articles and Article X of the 
Bylaws provide that the liability of the Company's directors to the Company 
or its shareholders for monetary damages for conduct as a director is 
limited to the fullest extent not prohibited by law. 
 
          In addition to the indemnification and exculpation provided by 
the Articles and Bylaws, the Company has entered into an indemnity 
agreement with each of its directors and officers.  The indemnity 
agreements require the Company to provide indemnification, to the fullest 
extent not prohibited by law, for all liability (including attorney fees, 
judgments, fines and amounts paid in settlement) actually and reasonably 
incurred by the director or officer in connection with any actual or 
threatened proceeding (including, to the extent not prohibited by law, any 
derivative action) by reason of the fact that the person is or was serving 
as a director or officer of the Company, or is or was serving at the 
request of the Company as a director, officer, employee or agent of another 
corporation, partnership, joint venture, trust or other enterprise, 
including an employee benefit plan. 
 
          The Company maintains directors' and officers' liability 
insurance under which the Company's directors and officers are insured 
against loss (as defined) as a result of claims brought against them 
alleging breach of duty, neglect, error or misstatement while acting in 
such capacities. 
 
Item 7.   Exemption From Registration Claimed. 
 
          Not Applicable. 
 
Item 8.   Exhibits. 
 
          4.A.    Restated Articles of Incorporation of the Company, as 
                  amended.  Incorporated by reference from Exhibit 3.1 of 
                  the Company's Quarterly Report on Form 10-Q for the 
                  fiscal quarter ended August 31, 1995. 
 
          4.B.    Third Restated Bylaws of the Company.  Incorporated by 
                  reference from Exhibit 3.2 of the Company's Quarterly 
                  Report on Form 10-Q for the fiscal quarter ended August 
                  31, 1995. 
 
          5.      Opinion of Counsel. 
 
         23.      Consent of Accountants. 
 
         24.      Powers of Attorney. 
 
 
Item 9.   Undertakings. 
 
          (a)  The undersigned registrant hereby undertakes: 
 
              (1) To file, during any period in which offers or sales 
are being made, a post-effective amendment to this registration statement: 
 
                  (i) To include any prospectus required by section 
10(a)(3) of the Securities Act of 1933; 
 
                 (ii) To reflect in the prospectus any facts or events 
arising after the effective date of the registration statement (or the 
most recent post-effective amendment thereof) which, individually or in 
the aggregate, represents a fundamental change in the information set 
forth in the registration statement; 
 
                (iii) To include any material information with respect 
to the plan of distribution not previously disclosed in the registration 
statement or any material change to such information in the registration 
statement; provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do 
not apply if the information required to be included in a posteffective 
amendment by those paragraphs is contained in periodic reports filed by 
the registrant pursuant to section 13 or section 15(d) of the Securities 
Exchange Act of 1934 that are incorporated by reference in the registration 
statement. 
 
          (2) That, for the purpose of determining any liability under the 
Securities Act of 1933, each new post-effective amendment shall be deemed 
to be a new registration statement relating to the securities offered 
therein, and the offering of such securities at that time shall be deemed 
to be the initial bona fide offering thereof. 
 
          (3) To remove from registration by means of a post-effective 
amendment any of the securities being registered which remain unsold at 
the termination of the offering. 
 
     (b) The undersigned registrant hereby undertakes that, for purposes of 
determining any liability under the Securities Act of 1933, each filing of 
the registrant's annual report pursuant to section 13(a) or section 15(d) 
of the Securities Exchange Act of 1934 that is incorporated by reference in 
the registration statement shall be deemed to be a new registration 
statement relating to the securities offered therein, and the offering of 
such securities at that time shall be deemed to be the initial bona fide 
offering thereof. 
 
     (c) Insofar as indemnification for liabilities arising under the 
Securities Act of 1933 may be permitted to directors, officers and 
controlling persons of the registrant pursuant to the foregoing provisions, 
or otherwise, the registrant has been advised that in the opinion of the 
Securities and Exchange Commission such indemnification is against public 
policy as expressed in the Act and is, therefore, unenforceable.  In the 
event that a claim for indemnification against such liabilities (other than 
the payment by the registrant of expenses incurred or paid by a director, 
officer or controlling person of the registrant in the successful defense 
of any action, suit or proceeding) is asserted by such director, officer or 
controlling person in connection with the securities being registered, the 
registrant will, unless in the opinion of its counsel the matter has been 
settled by controlling precedent, submit to a court of appropriate 
jurisdiction the question whether such indemnification by it is against 
public policy as expressed in the Act and will be governed by the final 
adjudication of such issue. 
 
 
                              SIGNATURES 
 
          Pursuant to the requirements of the Securities Act of 1933, 
the registrant certifies that it has reasonable grounds to believe that 
it meets all of the requirements for filing on Form S-8, and has duly 
caused this registration statement to be signed on its behalf by the 
undersigned, thereunto duly authorized, in the City of Beaverton, State 
of Oregon, on this 3rd day of November, 1995. 
 
                              NIKE, INC. 
 
 
 
                              By /s/ Lindsay D. Stewart 
                                 Lindsay D. Stewart, Vice President, 
                                 Law and Corporate Affairs 
 
 
 
          Pursuant to the requirements of the Securities Act of 1933, 
this registration statement has been signed below by the following persons 
on November 3, 1995 in the capacities indicated. 
 
     Signature                              Title 

(1)  Principal Executive Officer:
 
    *PHILIP H. KNIGHT                       Chairman of the Board 
     Philip H. Knight                       and Chief Executive 
                                            Officer, and Director 
 
(2)  Principal Financial and 
     Accounting Officer:
 
    *ROBERT S. FALCONE                      Vice President and 
     Robert S. Falcone                      Chief Financial 
                                            Officer 
 
(3)    Directors: 
 
 
     *WILLIAM J. BOWERMAN                  Director 
      William J. Bowerman
 
 
     *JILL K. CONWAY                       Director 
      Jill K. Conway 
 
 
     *RALPH D. DeNUNZIO                    Director 
      Ralph D. DeNunzio 
 
 
     *RICHARD K. DONAHUE                   Director 
      Richard K. Donahue 
 
 
     *DELBERT J. HAYES                     Director 
      Delbert J. Hayes 
 
 
     *DOUGLAS G. HOUSER                    Director 
      Douglas G. Houser 


     *JOHN E. JAQUA                        Director 
      John E. Jaqua 
 
 
     *RALPH A. PFEIFFER, JR.               Director 
      Ralph A. Pfeiffer, Jr. 
 
 
     *CHARLES W. ROBINSON                  Director 
      Charles W. Robinson 
 
 
     *JOHN R. THOMPSON, JR.                Director 
      John R. Thompson, Jr. 
 
 
     *A. MICHAEL SPENCE                    Director 
      A. Michael Spence
 
 
     *THOMAS E. CLARKE                     Director 
      Thomas E. Clarke 
 
 
     *KENICHI OHMAE                        Director 
      Kenichi Ohmae 
 
 
 
*By /s/ Lindsay D. Stewart 
   Lindsay D. Stewart, Attorney-In-Fact 
 
 
<PAGE>
                                     EXHIBIT INDEX 
 
 
Exhibit 
Number         Document Description       

  4A.          Restated Articles of Incorporation of the Company, as 
               amended.  Incorporated by reference to Exhibit 3.1 of 
               the Company's Quarterly Report on Form 10-Q for the 
               fiscal quarter ended August31, 1995. 
 
  4B.          Third Restated Bylaws of the Company, as amended.  
               Incorporated by reference to Exhibit 3.2 of the 
               Company's Quarterly Report on Form 10-Q for the 
               fiscal quarter ended August 31, 1995. 
 
  5.           Opinion of Counsel. 
 
  23.          Consent of Accountants. 
 
  24.          Powers of Attorney.
[{"type": "S-8", "sequence": "1", "secsgml_size_bytes": 17021}]
{"company-data": {"conformed-name": "NIKE INC", "cik": "0000320187", "assigned-sic": "3021", "irs-number": "930584541", "state-of-incorporation": "OR", "fiscal-year-end": "0531"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "033-63995", "film-number": "95587324"}, "business-address": {"street1": "ONE BOWERMAN DR", "city": "BEAVERTON", "state": "OR", "zip": "97005-6453", "phone": "5036416453"}}
SECURITIES AND EXCHANGE COMMISSION 
                                 Washington, D.C.  20549 
 
                                 __________________________ 
 
                                          FORM S-8 
                                    REGISTRATION STATEMENT 
                                            UNDER 
                                  THE SECURITIES ACT OF 1933 
 
                                          NIKE, INC. 
                        (Exact name of issuer as specified in charter) 
                                    ___________________ 
 
          Oregon                                      93-0584541 
(State or other jurisdiction of                      (IRS Employer 
incorporation or organization)                     Identification No. 
 
      One Bowerman Drive 
      Beaverton, Oregon                                97005-6453 
(Address of principal executive offices)               (Zip Code) 
 
 
          Non-employee Director and Consultant Stock Option Agreements 
                              (Full title of the plan) 
 
                               _______________________ 
 
                                  LINDSAY D. STEWART 
                       Vice President, Law and Corporate Affairs 
                                       NIKE, Inc. 
                                    One Bowerman Drive 
                             Beaverton, Oregon  97005-6453 
                          (Name and address of agent for service) 
 
              Telephone number, including area code, of agent for service: 
                                     (503) 671-6453 
 
                                    ___________________ 
 
                                          Copy to: 
                                      STUART CHESTLER 
                                        Stoel Rives 
                                    900 SW Fifth Avenue 
                                Portland, Oregon  97204-1268 
 
                                    ___________________ 
 
                               CALCULATION OF REGISTRATION FEE
 
________________________________________________________________________ 
 
                                            Proposed   Proposed   Amount 
Title of                                    Maximum    Maximum    of 
Securities              Amount              Offering   Aggregate  Regis- 
to be                   to Be               Price Per  Offering   tration 
Registered              Registered          Share (1)  Price(1)   Fee     
 
  Class B Common 
  Stock, no par 
  value                 516,000 Shares      $42.00    $8,889,750  $3,065 
 
 
(1)    The shares are subject to various stock option agreements 
       pursuant to which shares may be purchased for prices ranging 
       from $6.25 to $42.00 per share and an average of $17.23 per share. 
 
 
                                     PART II 
 
                 INFORMATION REQUIRED IN THE REGISTRATION STATEMENT 
 
Item 3.   Incorporation of Documents By Reference. 
 
          The following documents filed by NIKE, Inc. (the "Company") with 
the Securities and Exchange Commission are incorporated herein by 
reference: 
 
          (a)     The Company's latest annual report filed pursuant to 
      Section 13(a) or 15(d) of the Securities Exchange Act of 1934 or the 
      latest prospectus filed pursuant to Rule 424(b) under the Securities 
      Act of 1933 that contains audited financial statements for the 
      Company's latest fiscal year for which such statements have been 
      filed. 
 
          (b)     All other reports filed pursuant to Section 13(a) or 
      15(d) of the Securities Exchange Act of 1934 since the end of the 
      fiscal year covered by the annual report or prospectus referred to 
      in (a) above. 
 
          (c)     The description of the authorized capital stock of the 
      Company contained in the Company's registration statement filed 
      under section 12 of the Securities Exchange Act of 1934, including 
      any amendment or report filed for the purpose of updating the 
      description. 
 
          All reports and other documents subsequently filed by the 
Company pursuant to sections 13(a) and (c), 14 and 15(d) of the Securities 
Exchange Act of 1934, as amended, prior to the filing of a post-effective 
amendment which indicates that all securities offered hereby have been sold 
or which deregisters all securities remaining unsold, shall be deemed to be 
incorporated by reference herein and to be a part hereof from the date of 
the filing of such reports and documents. 
 
Item 4.   Description of Securities. 
 
          Not Applicable. 
 
Item 5.   Interests of Named Experts and Counsel. 
 
          Not Applicable. 
 
Item 6.   Indemnification of Directors and Officers. 
 
          Under the Oregon Business Corporation Act (the "Oregon Act"), 
the Company's Restated Articles of Incorporation (the "Articles"), and 
the Company's Third Restated Bylaws (the "Bylaws"), the Company has 
broad powers to indemnify directors and officers against liabilities 
that they may incur in such capacities. 
 
          The Oregon Act authorizes the indemnification of an individual 
made a party to a proceeding because the individual is or was an officer 
or director against certain liability incurred in the proceeding if: 
 
          (a)     The conduct of the individual was in good faith; 
 
          (b)     The individual reasonably believed that his or her 
conduct was in the best interests of the corporation or at least not 
opposed to its best interests; 
 
          (c)     In the case of any criminal proceeding, the individual 
had no reasonable cause to believe his or her conduct was unlawful; 
 
          (d)     In the case of any proceeding by or in the right of 
the corporation, the individual was not adjudged liable to the corporation; 
and 
 
          (e)     In connection with any proceeding (other than a 
proceeding by or in the right of the corporation) charging improper 
personal benefit to the individual, the individual was not adjudged liable 
on the basis that he or she improperly received personal benefit. 
 
          The Oregon Act also authorizes a court to order indemnification, 
whether or not the above standards of conduct have been met, if the court 
determines that the officer or director is fairly and reasonably entitled 
to indemnification in view of all the relevant circumstances.  In addition, 
the Oregon Act provides that the indemnification described above is not 
exclusive of any other rights to which officers or directors may be 
entitled under the corporation's articles of incorporation or bylaws, or 
under any agreement, action of its board of directors, vote of shareholders 
or otherwise. 
 
          Paragraph A of Article VIII of the Articles authorizes, but does 
not require, the Company to indemnify its officers and directors to the 
fullest extent not prohibited by law against liability incurred in serving 
the Company.  Article IX of the Bylaws requires the Company to indemnify 
its directors and officers to the fullest extent not prohibited by law 
against liability incurred in serving the Company. 
 
          The Oregon Act also authorizes a corporation to include in its 
articles of incorporation a provision eliminating or limiting the personal 
liability of a director to the corporation or its shareholders for monetary 
damages for conduct as a director, except that such a provision cannot 
affect the liability of a director (i) for any breach of the director's 
duty of loyalty to the corporation or its shareholders, (ii) for acts or 
omissions not in good faith or which involve intentional misconduct or a 
knowing violation of law, (iii) for any unlawful corporate distribution as 
defined in the Oregon Act, or (iv) for any transaction from which the 
director derived an improper personal benefit. 
 
          Paragraph B of Article VIII of the Articles and Article X of the 
Bylaws provide that the liability of the Company's directors to the Company 
or its shareholders for monetary damages for conduct as a director is 
limited to the fullest extent not prohibited by law. 
 
          In addition to the indemnification and exculpation provided by 
the Articles and Bylaws, the Company has entered into an indemnity 
agreement with each of its directors and officers.  The indemnity 
agreements require the Company to provide indemnification, to the fullest 
extent not prohibited by law, for all liability (including attorney fees, 
judgments, fines and amounts paid in settlement) actually and reasonably 
incurred by the director or officer in connection with any actual or 
threatened proceeding (including, to the extent not prohibited by law, any 
derivative action) by reason of the fact that the person is or was serving 
as a director or officer of the Company, or is or was serving at the 
request of the Company as a director, officer, employee or agent of another 
corporation, partnership, joint venture, trust or other enterprise, 
including an employee benefit plan. 
 
          The Company maintains directors' and officers' liability 
insurance under which the Company's directors and officers are insured 
against loss (as defined) as a result of claims brought against them 
alleging breach of duty, neglect, error or misstatement while acting in 
such capacities. 
 
Item 7.   Exemption From Registration Claimed. 
 
          Not Applicable. 
 
Item 8.   Exhibits. 
 
          4.A.    Restated Articles of Incorporation of the Company, as 
                  amended.  Incorporated by reference from Exhibit 3.1 of 
                  the Company's Quarterly Report on Form 10-Q for the 
                  fiscal quarter ended August 31, 1995. 
 
          4.B.    Third Restated Bylaws of the Company.  Incorporated by 
                  reference from Exhibit 3.2 of the Company's Quarterly 
                  Report on Form 10-Q for the fiscal quarter ended August 
                  31, 1995. 
 
          5.      Opinion of Counsel. 
 
         23.      Consent of Accountants. 
 
         24.      Powers of Attorney. 
 
 
Item 9.   Undertakings. 
 
          (a)  The undersigned registrant hereby undertakes: 
 
              (1) To file, during any period in which offers or sales 
are being made, a post-effective amendment to this registration statement: 
 
                  (i) To include any prospectus required by section 
10(a)(3) of the Securities Act of 1933; 
 
                 (ii) To reflect in the prospectus any facts or events 
arising after the effective date of the registration statement (or the 
most recent post-effective amendment thereof) which, individually or in 
the aggregate, represents a fundamental change in the information set 
forth in the registration statement; 
 
                (iii) To include any material information with respect 
to the plan of distribution not previously disclosed in the registration 
statement or any material change to such information in the registration 
statement; provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do 
not apply if the information required to be included in a posteffective 
amendment by those paragraphs is contained in periodic reports filed by 
the registrant pursuant to section 13 or section 15(d) of the Securities 
Exchange Act of 1934 that are incorporated by reference in the registration 
statement. 
 
          (2) That, for the purpose of determining any liability under the 
Securities Act of 1933, each new post-effective amendment shall be deemed 
to be a new registration statement relating to the securities offered 
therein, and the offering of such securities at that time shall be deemed 
to be the initial bona fide offering thereof. 
 
          (3) To remove from registration by means of a post-effective 
amendment any of the securities being registered which remain unsold at 
the termination of the offering. 
 
     (b) The undersigned registrant hereby undertakes that, for purposes of 
determining any liability under the Securities Act of 1933, each filing of 
the registrant's annual report pursuant to section 13(a) or section 15(d) 
of the Securities Exchange Act of 1934 that is incorporated by reference in 
the registration statement shall be deemed to be a new registration 
statement relating to the securities offered therein, and the offering of 
such securities at that time shall be deemed to be the initial bona fide 
offering thereof. 
 
     (c) Insofar as indemnification for liabilities arising under the 
Securities Act of 1933 may be permitted to directors, officers and 
controlling persons of the registrant pursuant to the foregoing provisions, 
or otherwise, the registrant has been advised that in the opinion of the 
Securities and Exchange Commission such indemnification is against public 
policy as expressed in the Act and is, therefore, unenforceable.  In the 
event that a claim for indemnification against such liabilities (other than 
the payment by the registrant of expenses incurred or paid by a director, 
officer or controlling person of the registrant in the successful defense 
of any action, suit or proceeding) is asserted by such director, officer or 
controlling person in connection with the securities being registered, the 
registrant will, unless in the opinion of its counsel the matter has been 
settled by controlling precedent, submit to a court of appropriate 
jurisdiction the question whether such indemnification by it is against 
public policy as expressed in the Act and will be governed by the final 
adjudication of such issue. 
 
 
                              SIGNATURES 
 
          Pursuant to the requirements of the Securities Act of 1933, 
the registrant certifies that it has reasonable grounds to believe that 
it meets all of the requirements for filing on Form S-8, and has duly 
caused this registration statement to be signed on its behalf by the 
undersigned, thereunto duly authorized, in the City of Beaverton, State 
of Oregon, on this 3rd day of November, 1995. 
 
                              NIKE, INC. 
 
 
 
                              By /s/ Lindsay D. Stewart 
                                 Lindsay D. Stewart, Vice President, 
                                 Law and Corporate Affairs 
 
 
 
          Pursuant to the requirements of the Securities Act of 1933, 
this registration statement has been signed below by the following persons 
on November 3, 1995 in the capacities indicated. 
 
     Signature                              Title 

(1)  Principal Executive Officer:
 
    *PHILIP H. KNIGHT                       Chairman of the Board 
     Philip H. Knight                       and Chief Executive 
                                            Officer, and Director 
 
(2)  Principal Financial and 
     Accounting Officer:
 
    *ROBERT S. FALCONE                      Vice President and 
     Robert S. Falcone                      Chief Financial 
                                            Officer 
 
(3)    Directors: 
 
 
     *WILLIAM J. BOWERMAN                  Director 
      William J. Bowerman
 
 
     *JILL K. CONWAY                       Director 
      Jill K. Conway 
 
 
     *RALPH D. DeNUNZIO                    Director 
      Ralph D. DeNunzio 
 
 
     *RICHARD K. DONAHUE                   Director 
      Richard K. Donahue 
 
 
     *DELBERT J. HAYES                     Director 
      Delbert J. Hayes 
 
 
     *DOUGLAS G. HOUSER                    Director 
      Douglas G. Houser 

     *JOHN E. JAQUA                        Director 
      John E. Jaqua 
 
 
     *RALPH A. PFEIFFER, JR.               Director 
      Ralph A. Pfeiffer, Jr. 
 
 
     *CHARLES W. ROBINSON                  Director 
      Charles W. Robinson 
 
 
     *JOHN R. THOMPSON, JR.                Director 
      John R. Thompson, Jr. 
 
 
     *A. MICHAEL SPENCE                    Director 
      A. Michael Spence
 
 
     *THOMAS E. CLARKE                     Director 
      Thomas E. Clarke 
 
 
     *KENICHI OHMAE                        Director 
      Kenichi Ohmae 
 
 
 
*By /s/ Lindsay D. Stewart 
   Lindsay D. Stewart, Attorney-In-Fact
EXHIBIT INDEX 
 
 
Exhibit 
Number         Document Description       

  4A.          Restated Articles of Incorporation of the Company, as 
               amended.  Incorporated by reference to Exhibit 3.1 of 
               the Company's Quarterly Report on Form 10-Q for the 
               fiscal quarter ended August31, 1995. 
 
  4B.          Third Restated Bylaws of the Company, as amended.  
               Incorporated by reference to Exhibit 3.2 of the 
               Company's Quarterly Report on Form 10-Q for the 
               fiscal quarter ended August 31, 1995. 
 
  5.           Opinion of Counsel. 
 
  23.          Consent of Accountants. 
 
  24.          Powers of Attorney.