Vick & Nike back.
Nike officially re-signs Michael Vick, as first reported by CNBC sports business reporter Darren Rovell.
“Michael acknowledges his past mistakes,” said Nike spokesman Derek Kent. “We do not condone those actions, but we support the positive changes he has made to better himself off the field.”
Vick’s longtime agent Joel Segal told CNBC that “Michael is excited to have a long-term and strong relationship with Nike.” The deal was done by Chicago-based attorney Andrew Stroth.
Nike had been giving Vick free products since his return to the field after serving 23 months in prison, but wasn’t paying him. Financial consideration on his new contract was not disclosed.