Nike’s main problem is this: It’s a company built on masculinity, most specifically Michael Jordan’s alpha dog brand of it. Now, due to its own ambitions, scandals, and intellectual trends, Nike finds masculinity problematic enough to loudly reject.

If you’re committed to marketing sports overall, you’re marketing, at the very least, a brand of masculinity. Dominating your opponents isn’t the only way to be a man and doing so isn’t exclusively the province of men, but the act itself is a disproportionately male endeavor, and also something that really appeals to male audiences. The nation that contains more female than male sports fans … doesn’t exist. Nike sold the public this rented masculinity, year after year, and the public bought it, including the many women who found Nike’s pitchmen and products to be charismatic.

Ironically, Nike mattered a lot more in the days when its position was less dominant. Back when it had to really fight for market share, it made bold, genre-altering art. The ads were synonymous with masculine victory, plus they were cheekily irreverent. And so the dudes loved them. Today, Nike is something else. It LARPs as a grandiose feminist nonprofit as it floats aimlessly on the vessel Michael Jordan built long ago. Like Jordan himself, Nike is rich forever off what it can replicate never. Unlike Jordan, it now wishes to be known for anything but its triumphs. Nike once told a story and that story resonated with its audience. Now it’s decided that its audience is the problem.