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UPDATED: Fastest "About Face" In Corporate History?

nikeUPDATED: In what might be the fastest “about face” in corporate history, Nike denies a deal with Vick.

— Kenn

From The Associated Press:

Nike: We don’t have endorsement deal with Vick

Nike says it does not have a “contractual relationship” with Michael Vick, a day after the quarterback’s agent announced a deal with the manufacturer.
In a statement released Thursday morning, Nike says it has “agreed to supply product to Michael Vick as we do a number of athletes who are not under contract with Nike.”
On Wednesday, Michael Principe, the managing director of BEST, the agency that represents Vick, announced the Philadelphia Eagles player had a new deal with Nike during a panel discussion at the Sports Sponsorship Symposium.

Vick’s agent, Joel Segal, did not immediately return a call for comment Thursday.

Nike, which signed Vick as a rookie in 2001, terminated his contract in August 2007 after he filed a plea agreement admitting his involvement in a dogfighting ring.

END UPDATE


If you are shocked and disappointed that Nike would want to again use Michael Vick to advertise their products, feel free to let Nike know right here. Please don’t use abusive language, just let them know that you and your family will not be buying anything from them as long as Michael Vick is endorsing Nike goods.

— Kenn

Vick Signs Deal To Endorse Nike Products

Michael Vick, once embroiled in controversy for his role in a dog-fighting ring, has signed an endorsement deal with Nike, his agent said Wednesday.

Vick, signed by the Philadelphia Eagles in August after completing a 23-month prison sentence, will wear Nike shoes, gear and apparel as part of the agreement.

“Mike has had a great relationship with Nike and is excited to be part of the Nike team again,” Vick’s agent, Joel Segal, said. Segal reportedly negotiated the Nike deal as well as Vick’s deal to return to the NFL as a member of the Eagles.

Segal would not reveal terms of the agreement. Nike declined a request for comment.

The deal was announced during a panel discussion at the Sports Sponsorship Symposium by Michael Principe, the managing director of BEST, the agency that represents Vick.

Nike suspended its previous endorsement deal with Vick in 2007, in the wake of news of Vick’s involvement with dog fighting.

“… Nike is concerned by the serious and highly disturbing allegations made against Michael Vick and we consider any cruelty to animals inhumane and abhorrent,” the company said then in a statement. “However, we do believe that Michael Vick should be afforded the same due process as any citizen in the United States, therefore, we have not terminated our relationship.”

The Eagles signed Vick to a one-year contract with an option for a second year on Aug. 13. The deal is reportedly worth $1.6 million for the first year and $5.2 million for the option year.

Vick made his first appearence in a regular-season game for the Eagles last Sunday, going 0-2 passing and rushing once for 7 yards in a limited role in the Eagles’ 34-14 victory over the Chiefs.

“It is quite evident that athletes that run afoul of the law are by no means relegated to obscurity when it comes to pitching products,” said David Carter, a professor of sports marketing at the University of Southern California.

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leslimitchell
leslimitchell
12 years ago

No more Nike for me if that dog murderer is a Nike sponsor.
Are you even kidding me?

Name
Name
12 years ago

This is a slap in the face to people every where.Nike should no better than to support this freak. No more Nike stuff for me.

Dog Gift
12 years ago

Dumb move Nike! Only dumber move would be Nike product placement on death row inmates.

Dog Gift
12 years ago

Dumb move Nike! Only dumber move would be Nike product placement on death row inmates.

Monica Ashe Knapp
Monica Ashe Knapp
12 years ago

As an animal lover and someone who believes in respect for all living things, I will boycot all NIKE products if they support Michael Vick in any way. Shame on you NIKE. Monica Ashe Knapp

Tc0576
Tc0576
10 years ago

Nike has bruised their name forever in my eyes and in the eyes of animal lovers everywhere!!  I will never buy or support Nike again, no matter how hard they try to back-step. Stupid move Nike!!

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