*On Friday, Nike announced that it has re-signed Philadelphia Eagles quarterback Michael Vick to an endorsement deal. The agreement comes nearly four years after the company dropped 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.
Terms of the deal were not released.
“Michael acknowledges his past mistakes,” Nike said in a statement. “We do not condone those actions, but we support the positive changes he has made to better himself off the field.”
Nike and Vick initially renewed their relationship in 2009, when the company announced it had “agreed to supply product” to the quarterback, who was not under contract. Nike has similar agreements with several athletes with whom they don’t have endorsement deals.
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