Kyrie Irving is no longer a Nike (NYSE:NKE) athlete.” That's the word out of Nike, which was already struggling under a negative halo effect of bad news out of VF Corp (NYSE:VFC). Nike is down just over 2.3% in trading today, though the loss of Kyrie Irving may only be a secondary issue right now. The deal between Nike and Irving was reportedly worth around $11 million per year. Moreover, Irving's shoe was one of the most popular shoes worn by NBA pros in 2021. Despite this level of success, Irving's promotion of an anti-Semitic documentary just weeks ago led to the separation.
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