Nike re-signs Vick to endorsement deal
Friday, July 1, 2011
NEW YORK (AP) -- Nike has re-signed Philadelphia Eagles quarterback Michael Vick to an endorsement deal, nearly four years after dropping him amid his legal troubles.
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. Vick spent 21 months in prison.
CNBC first reported the new deal.
In a statement Friday, Nike says it does "not condone those actions, but we support the positive changes he has made to better himself off the field." Terms were not released.
Vick was voted The Associated Press Comeback Player of the Year after missing two seasons and playing sparingly in 2009.