Has Michael Vick Re-Signed With Nike?
In 2007, Nike terminated Michael Vick's contract after he was indicted on charges of running a dogfighting ring.
On Wednesday, Mike Principe, the managing director of BEST, which represents Vick, announced that Nike was back with Vick. The comments were made at the Relay Sports Symposium in New York -- an event hosted by the SportsBusiness Journal.
On Wednesday night, five hours after the comment was made, a Nike spokesman said that the company would not have any comment on the possible deal with the Philadelphia Eagles backup quarterback at this time.
It is not known how well Vick would be compensated under such a deal, but it likely isn't worth much since the shoe and apparel brand isn't expected to bring any Vick-related products to retail anytime soon.
San Diego Chargers running back LaDainian Tomlinson is the only Nike-endorsed football player that has a signature shoe.
Vick had five signature shoes made for him by Nike, the last one never hit shelves.
Vick has only worn Nike since returning from jail on to the field this year, though his specific choice of shoe has not been steady. Vick has worn at least three different models, including a Tomlinson signature shoe at his first practice back in July.
Despite the controversy surrounding his return, his jersey is currently the fourth best selling jersey in the NFL, according to NFLShop.com
Sports Slideshows On CNBC.com:
Questions? Comments? SportsBiz@cnbc.com