This is big. For one, In football, unless you are a top franchise player, endorsement contracts are where the real money is beyond your contract signing bonus.
“Michael acknowledges his past mistakes,” said Nike spokesman Derek Kent. “We do not condone those actions, but we support the positive changes he has made to better himself off the field.”
Vick’s longtime agent Joel Segal told CNBC that “Michael is excited to have a long-term and strong relationship with Nike.” The deal was done by Chicago-based attorney Andrew Stroth.
Vick will likely be a big part of the marketing of Nike’s new NFL contract:
Denson revealed that Nike’s NFL contract begins next April and that’s when Nike will start pumping out products for retail.