Nike Execs to Discuss Vick's Financial Impact
Nikeexecutives say they will discuss the financial impact of its relationship with Michael Vick Thursday during a quarterly earnings conference call.
The question arose Monday during an annual meeting, where a shareholder asked Nike executives about the financial impact the cancellation of the Vick shoe and possibility for restitution. Nike officials said they could not discuss it at this time but would during the conference call this week.
Nike severed its ties with Michael Vick in late August after he filed a plea agreement on dogfighting conspiracy charges and was suspended by the NFL.
Nike shares were down almost 2% Monday.