Agent: 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.
The Associated Press contributed to this report.