Nike has denied the reports that they signed a new contract with Michael Vick. On Wednesday, the news of the new contract between Nike and Michael Vick was reported by ESPN and Vick’s agent Joel Segal. On Wednesday, Michael Vick’s agent Joel Segal told the press:

“Mike has a long-standing, great relationship with Nike, and he looks forward to continuing that relationship”.

Nike responded to these news as they said on Thursday that Michael Vick can look forward, but there is not contract. A statement was made by the Nike spokesman Kejuan Wilkins to CNBC which said.

“Nike does not have a contractual relationship with Michael Vick. We have agreed to supply product to Michael Vick as we do a number of athletes who are not under contract with Nike.”

A statement was also released by ESPN which states:

“Segal would not reveal terms of the agreement …The supposed deal was announced during a panel discussion at the Sports Sponsorship Symposium by Michael Principe, the managing director of BEST, the agency that represents Vick…. The endorsement is the latest step forward for Vick as he seeks to rehabilitate his career and his image after serving 18 months in federal prison.”

Michael Vick was released from jail recently after spending one and a half year in prison. Vick spent his worst time in jail after he was convicted in the dog fighting scandal and his career was ruined. According to reports, he is currently remains $10 to $50 million in debt and now after the Michael Vick Nike 2009 is also denied by Nike. In 2001, Vick signed a contract with Nike and it was dropped in 2007.

Michael Vick