Growing up in the 1980s, there were a few commercials that got cemented in your brain. Wendy’s “Where’s the Beef” is chief among them, but for sports fans, Nike’s “Bo Knows” is just a high up there.

The original "Bo Knows" ad began with a shot of Jackson playing baseball and fellow All-Star ballplayer Kirk Gibson saying, "Bo knows baseball." The next scene shows Jackson on the football field, ...