Wednesday, April 20, 2016

Nike Terminates Johnny Manziel's Contract.

Uhh...Not quite

(ESPN) - Nike spokesman Brian Strong told ESPN that Manziel, who was signed by the shoe and apparel giant in March 2014 to a multiyear deal, is no longer an endorser of the brand.

Sources said Nike terminated the deal some time after the NFL season ended.

The former Cleveland Browns quarterback had already been dumped by his original contract agent, Erik Burkhardt, and his marketing agent, Maverick Carter. His second contract agent, Drew Rosenhaus, left him on Tuesday, a source told ESPN NFL Insider Adam Schefter. Now Manziel has lost his biggest marketing deal.

This is the sixth contract Nike has terminated in the past three-and-a-half years. Those whose deals were ended prematurely include Lance Armstrong, Ray Rice, Adrian Peterson, Oscar Pistorius and Manny Pacquiao.

In fairness to Johnny Jonathan, of the six prematurely terminated clients, he's no worse than second if we were judging those guys by their crimes character. I mean he's definitely ahead of the murderer (Pistorious), the child abuser (Peterson), the woman beater (Rice)*, and the womanizing, tax-evading, hate monger (Pacquiao). You could make a case that he's done less harm to children's dream than Armstrong, but since Johnny Jonathan is currently acting like the world's biggest child who is ruining his own dreams (and life), you have to give the nod to the guy who raised over $500 million to fighting cancer, cheater or not.

Listen, I'm far from a financial expert, but I don't think short-term leases, cocaine, mushrooms, and booze counts as a diversified portfolio. I don't think that has a high ROI, but again, I'm not an expert. Throw in some free loaders and no revenue, and you don't have to be an accountant to see that those debits and credits aren't balancing.

I've had the discussion with friends and colleagues, and I'll say the same thing that I say to them. I refuse to say that he has hit rock bottom because every other day, he does something worse than before. I think he is actually the abyss because there is no end in sight. 

* - Jury is still out on whether  is indeed a woman beater, literally, as the case is still before a grand jury. 

PS - Based on this picture alone, completely ignoring the above, the comeback tour has officially been suspended until further notice.


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