Nike ends shoe deal with NBA player Kyrie Irving [CBS News]
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Source: CBS News
Nike's move comes one month after the athletic apparel giant suspended its relationship with Irving over a tweet he shared in October. In a one-line statement to CBS News on Monday, Nike said "Kyrie Irving is no longer a Nike athlete." Irving's agent, Shetellia Riley Irving, told CBS MoneyWatch that "both Nike and Kyrie mutually decided to part ways." Irving's shoe deal with Nike was one of the NBA's most lucrative deals, generating about $11 million in earnings for him every year, Sportico reported . Irving signed his first Nike shoe deal in 2014 and was scheduled to release a new model, the Kyrie 8s, last month. "We wish Nike nothing but the best is their future endeavors," Riley Irving said in a statement Monday. Irving posted a tweet Monday that suggested he's relieved to be free from the Nike deal. pic.twitter.com/XwLDw6nhmS "Anyone who has even spent their hard earned money on anything I have ever released, I consider you family and we are forever connected," he pos
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