In what year was the famous Nike swoosh logo purchased, and how much did Nike co-founder Phil Knight originally pay for this now-iconic design?

Throughout retail history, brand logos have undergone fascinating transformations that reflect changing design trends, market positioning, and corporate evolution. Nike's iconic swoosh is one of the most recognizable logos worldwide, but it had humble beginnings. This trivia question explores the historical development of one of retail's most valuable visual assets and the surprising story behind its creation.

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1971 for $35
1964 for $500
1985 for $1,500
1978 for $250