Naturally, rival sneaker company adidas wasn't too pleased with this name change, as it fell too close to their own model named the Azteca, so Bowerman and Onitsuka decided to take another shot. In the end, the duo came up with the name Cortez. Oddly, this name derived from the Spanish conquistador Hernan Cortes, a man partially responsible for the fall of the Aztec Empire. It remains to be seen if this name change was a direct dig at their competitor, but one can only assume it was meant as a subtle poke.
The Cortez soon became an instant hit with the sneaker market due to its unique and stylish design paired with its comfort. But unfortunately, with success came complications, and the relationship between Onitsuka Tiger and Blue Ribbon quickly soured.
Phil Knight claimed that Onitsuka Tiger was seeking a way out of its exclusivity deal in an attempt to sink them as partners. This led to the two going to court in 1971, with the judge ruling that both companies could sell their own versions of the same model.
On May 30th, 1971, Bill Bowerman and Phil Knight officially changed the name of their company from Blue Ribbon Sports to Nike, a name inspired by the Greek goddess of victory. From this point, Nike continued to sell its rendition of the Cortez, generating a loyal following in its wake.
For the next five years, Nike went on to release 3 further rehashes of the Cortez. First arriving in 1973, we saw the leather Cortez make its way onto the scene with a fresh new emblem. Designed by student Carolyn Davidson, the now-iconic Swoosh featured for the first time on the exterior of the Cortez.