Yesterday Michael Principe, an agent who works for the agency that represents Michael Vick said Nike had signed his client to an endorsement contract.
Today Nike says they don’t have an endorsement agreement with Vick, they simply agreed to supply Vick with Nike product while he isn’t under contract with a sporting good company.
This has to be embarrassing to Vick and he can’t be thrilled about his agent misrepresenting the contract he has with Nike. I don’t why they wouldn’t think that Nike would make it clear that they don’t really have an endorsement deal with Vick.
Maybe they’re operating under the thought that any publicity is good publicity or trying to get other companies interested in their client.
If a huge company like Nike were to cut a deal with Vick it would make him look more appealing to smaller companies.
In addition the money Nike would spend in advertising with Vick would keep him in front of the public and thereby make him more popular.
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