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Reebok and Nike suspend Michael Vick contracts

 The apparel giants Reebok and Nike have suspended contracts for Michael Vick products.

Reebok and Nike suspend Michael Vick contracts Reebok International Ltd., a unit of Adidas AG, announced on Friday that the company will immediately stop selling jerseys of Atlanta Falcons quarterback Michael Vick, who pleaded not guilty yesterday to felony charges stemming from his alleged involvement in a dogfighting ring. The official Reebok statement read:

 "Although Reebok does not have an individual endorsement or marketing relationship with Michael Vick, we are the official supplier of apparel and equipment to all 32 NFL teams and the league's 1,800 active players. While we respect the legal process we find the allegations against Mr. Vick too disturbing to ignore." 

 Nike was quick to join their rival. Nike announced on July 19th that they would suspend the release of Michael Vick's new "Zoom Vick V" shoe line, however, today the apparel company announced that they would suspend sells of all Michael Vick related products. On Nike's website the statement was loud and clear, reading that the company "has suspended Michael Vick's contract without pay, and will not sell any more Michael Vick product at Nike-owned retail at this time."

 Michael Vick was released on bond after pleading not guilty and a trial has been scheduled for late November.

Prices of Michael Vick jerseys and other apparel on eBay are expected to soar.

Published on 07/27/2007

Related news:

 Michael Vick due in court, Greg Biffle says put Vick in jail
 Michael Vick to skip Atlanta Falcons training camp

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