Nike Re-Signs Michael Vick

2 Jul

Michael Vick got to write his comeback story on the field. Now, he has seen his image come full circle off of it.

CNBC has learned that, in a remarkable move, Nike, which severed Vick’s contract in 2007 after he admitted to his involvement in a dogfighting ring, has re-signed the Philadelphia Eagles quarterback.

“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.

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