Sports Biz Video Gallery
CNBC's Darren Rovell has the story on Scott Smith putting his Sports Illustrated collection on sale.
CNBC's Darren Rovell follows the money and the future of Notre Dame head football coach, Charlie Weis, after another dis...
More Videosdarren rovell's sports index
- Weis' Deal Likely Won't Change Big Money Contracts
- Time Lapse World Series Is A Great Play
- Boise State Stock Plan: An Early Success
- Dollar Signs Seen In Young "Buck" Jennings
- Iverson Wasn't A Popular "Answer"
- My Top 10 Marketing Ideas For Winless Nets
- Airlines Add 'Super Bowl' Tax
- Chicken Wing Finder Makes Debut
- Michelle Wie Wins, Now What?
- TV Series Inks Unique Deal For Fight
RSS FEED
» Help
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Why Amazon Rules Retail
- Paul: Audit the Fed
- HP Comes in As Expected; Is It Time to Buy?
- JAL Slides to Record Low on Bankruptcy Jitters
- Prepare For Large Decline In Stocks, Next Year?
- The Social Media Gaming Threat
- Holiday Travel Outlook
- Wave of Debt Payments Facing US Government
- Hewlett-Packard Profit Rises, Matches Guidance
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- HP's Mark Hurd
- HP Comes in As Expected; Is It Time to Buy?
- 9 Stocks That Play Rising Water Costs: Strategists
- Weis' Deal Likely Won't Change Big Money Contracts
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Nov. 23: Unusual Volume Leaders
- Help Wanted—Please Run $4 Billion University
- Apple Comes to AT&T's Rescue
- Obama says Boosting US Jobs is Top Priority
- More Consumers Giving 'Black Friday' the Cold Shoulder
- Prepare For Large Decline In Stocks, Next Year?
- Hewlett-Packard Earnings Rise, Match Guidance
- HP Comes in As Expected; Is It Time to Buy?
- Cramer: What Monday’s Housing Number Really Means
- Why the Dollar Will Likely Stay Weak for Some Time
- Bear, Lehman Execs Weren't Wiped Out by Crisis: Study
- How Real Estate Investors Skew Housing's Reality
powered by digg
Sports Biz
Text Size 
Oct.05
9:56 AM ET
Friday, 5 Oct 2007
Nike Not Asking Money Back From Jones
Posted By:Darren Rovell
Topics:Endorsements | Television | Media | Marketing | Advertising | Sports
Sectors:Media
Companies:Nike Inc
My sources at Nike [NKE
Loading...
()
] are telling me that if, as expected, sprinter Marion Jones admits to using steroids during the 2000 Olympic Games, the company will not seek to recover endorsement money it paid her.
Nike spokesman Dean Stoyer said, "If the news reports are true, we are saddened, shocked and disappointed by the fact that while we believed and trusted in Marion, we were also deceived. Like all those who truly love sport, we are unequivocally opposed to the use of banned substances."
Nike signed Jones in 1997 and the relationship ended when the contract ran out in 2005.
Jones was featured many Nike commercials, including my favorite one, where they made Jones a gymnast.
Questions? Comments?
© 2009 CNBC, Inc. All Rights Reserved
MORE FROM CNBC
Data is a real-time snapshot *Data is delayed at least 15 minutes