That was fast.
Observers said that was an easy decision for Nike because Pacquiao, 37, is at the sunset of his career after losing in two major fights: the one against Floyd Mayweather in May 2015 and earlier, in December 2013, to Juan Manuel Marquez. He says his April 9 fight with Timothy Bradley would be his last, although he has said it before with his other fights and went on to do more.
Nike’s announcement: “We find Manny Pacquiao’s comments abhorrent. Nike strongly opposes discrimination of any kind and has a long history of supporting and standing up for the rights of the LGBT community. We no longer have a relationship with Manny Pacquiao.”
It’s a knockout punch for Pacquiao whose endorsements make up the bulk of his boxing earnings. His camp is worried, we are told, that other sponsors might follow Nike.