Sunday, July 6, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

NBA-Nike suspends ties with Kyrie Irving, cancels next shoe release By Reuters

by Reuters
November 5, 2022
in Stock Market
Reading Time: 3 mins read
A A
0
Home Stock Market
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: Oct 19, 2022; Brooklyn, New York, USA; Brooklyn Nets guard Kyrie Irving (11) reacts during the second quarter against the New Orleans Pelicans at Barclays Center. Mandatory Credit: Brad Penner-USA TODAY Sports

By Daniel Trotta

(Reuters) – Nike Inc (NYSE:). on Friday suspended its relationship with Brooklyn Nets star Kyrie Irving and canceled its next Irving-branded shoe release in the aftermath of his promotion of an anti-Semitic documentary.

The Nets had already suspended Irving at least five games after he stopped short of fully disavowing the documentary on two occasions. Irving later issued a more fulsome apology late on Thursday for promoting a project he said contained “false anti-Semitic statements.”

But the apology was not enough to stop Nike from suspending ties with Irving.

“At Nike, we believe there is no place for hate speech and we condemn any form of antisemitism. To that end, we’ve made the decision to suspend our relationship with Kyrie Irving effective immediately and will no longer launch the Kyrie 8,” Nike said in a statement.

“We are deeply saddened and disappointed by the situation and its impact on everyone,” the statement said.

Several media outlets have reported the shoe deal to be worth $11 million, but Reuters could not confirm that.

The Nets will also not pay him during his suspension. He is on a $36.9 million contract this season, after having earned nearly $195 million in his previous 11 seasons with the Cleveland Cavaliers, Boston Celtics and the Nets, according to Basketball-Reference.com.

The Nets had said he would be suspended no less than five games and until he undergoes a series of unspecified “remedial measures.”

Irving has faced heavy criticism since posting a link on Twitter last week to a 2018 commentary and defending the post over the weekend. The seven-time All Star has since deleted the Twitter post.

Posting on Instagram Thursday, he apologized to those “hurt from the hateful remarks made in the documentary,” and said he took full responsibility for his decision to share the content with his followers.

Irving said the film “contained some false anti-Semitic statements, narratives, and language that were untrue and offensive to the Jewish Race/Religion.”

“I want to clarify any confusion on where I stand fighting against anti-Semitism by apologizing for posting the documentary without context and a factual explanation outlining the specific beliefs in the documentary I agreed with and disagreed with,” Irving wrote.

The controversy comes at a fraught moment for Jews in the United States. The FBI warned on Thursday there was a credible threat to synagogues in New Jersey, a state that lies just across the harbor from the New York City borough of Brooklyn, which has one of the densest populations of Jews in the world.

Irving’s suspension and apology follow a controversy generated by Ye, the rapper formerly known as Kanye West, who was suspended by social media platforms last month for posts that online users condemned as anti-Semitic.

Irving’s social media posts are not the first time that he has courted controversy in the NBA.

He played in just 29 of the Nets’ 82 regular season games for the 2021-22 season after refusing to take the COVID-19 vaccine despite a mandate by the city of New York.



Source link

Tags: cancelsIrvingKyrieNBANikereleaseReutersshoesuspendsties
Previous Post

Serbs in northern Kosovo quit state jobs in licence plate protest | News

Next Post

Traders expect 200% upside from MATIC, but does Polygon network data support that? By Cointelegraph

Related Posts

5 Stocks I’m Buying As The ‘Big Beautiful Bill’ Pushes The Market To New Highs

5 Stocks I’m Buying As The ‘Big Beautiful Bill’ Pushes The Market To New Highs

by Austin Rogers
July 5, 2025
0

This text was written byObserveAustin Rogers is a REIT specialist with knowledgeable background in industrial actual property. He writes about...

ANSYS-Synopsys Merger Between Will Proceed As Planned

ANSYS-Synopsys Merger Between Will Proceed As Planned

by Tangerine Tan Capital
July 4, 2025
0

This text was written byObserveMy major space of focus might be on figuring out firms of remarkable caliber, with a...

Building Tools for Tomorrow’s Auctioneers: Meet Bert Leffel

Building Tools for Tomorrow’s Auctioneers: Meet Bert Leffel

by Andrea Vargas
July 4, 2025
0

From a post-COVID stock scramble to a $40,000 leap into liquidation, Bert Leffel, CEO of AuctionFuel and Listernaut, has seen...

Hyatt: A Buy On Favorable Valuations And Strategic Shift Toward Asset-Light Business (H)

Hyatt: A Buy On Favorable Valuations And Strategic Shift Toward Asset-Light Business (H)

by Alpha Mantra
July 2, 2025
0

This text was written byComply withI'm a worth centered investor, conducting elementary analysis on sectors like however not restricted to...

Butterfly Network: Still A Long Way From Profitability (NYSE:BFLY)

Butterfly Network: Still A Long Way From Profitability (NYSE:BFLY)

by Macrotips Trading
July 1, 2025
0

This text was written byObserveWriter of the Macro Traits & Inflection Factors E-newsletter. I spent 5 years as a co-founder...

How an Online B2B Resale Platform Helps Curb Fashion Supply Chain Waste

How an Online B2B Resale Platform Helps Curb Fashion Supply Chain Waste

by Editorial Team
July 1, 2025
0

With consciousness of the environmental challenges related to quick vogue and the linear “take-make-dispose” mannequin, the business is at a...

Next Post
Traders expect 200% upside from MATIC, but does Polygon network data support that? By Cointelegraph

Traders expect 200% upside from MATIC, but does Polygon network data support that? By Cointelegraph

How to watch cargo craft “Sally Ride” launch to ISS tomorrow

How to watch cargo craft "Sally Ride" launch to ISS tomorrow

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

The Gates Foundation’s Global Reach Expands, to Mixed Reviews

The Gates Foundation’s Global Reach Expands, to Mixed Reviews

July 6, 2025
FM Nirmala Sitharaman holds talks with Russian, Brazilian, Chinese counterparts at BRICS meet in Rio

FM Nirmala Sitharaman holds talks with Russian, Brazilian, Chinese counterparts at BRICS meet in Rio

July 6, 2025
Altcoins Set A Higher Low – Bulls Target 2024 High To Trigger Altseason

Altcoins Set A Higher Low – Bulls Target 2024 High To Trigger Altseason

July 6, 2025
Dalai Lama, a global symbol of Tibetan culture and resistance, turns 90

Dalai Lama, a global symbol of Tibetan culture and resistance, turns 90

July 6, 2025
TOP Raises .5 Million at  Billion Valuation for Global Expansion

TOP Raises $28.5 Million at $1 Billion Valuation for Global Expansion

July 6, 2025
Bill Miller Challenges the Logic Behind Taxing Bitcoin

Bill Miller Challenges the Logic Behind Taxing Bitcoin

July 6, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

The Gates Foundation’s Global Reach Expands, to Mixed Reviews

FM Nirmala Sitharaman holds talks with Russian, Brazilian, Chinese counterparts at BRICS meet in Rio

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In