Some of the links in this post are affiliate links, which means if you click on the link and purchase an item, I will receive an affiliate commission at no extra cost to you.
Tim Tebow name is very popular these days withhis recent move to the Jets, but Nike bagged the right to use his name a while back and is suing Reebok for using the name on merchandise.
Tim Tebow’s not second-string to Nike — because the athletic company is now suing Reebok … over the exclusive rights to use Tebow’s name on merchandise.
Nike filed a lawsuit against Reebok this week — just one day after the Jets officially announced the Tebow trade — and according to the suit, Reebok’s new Jets merch bearing Tebow’s name (above) is in violation of a 2010 Nike-Tebow endorsement deal.
According to the deal, Nike’s got sole merchandising rights to all things Tebow … and Nike alone.
A rep for Nike released a statement, claiming, “We have filed a complaint relating to unauthorized use of Tim Tebow’s name on New York Jets related apparel. Nike is authorized and licensed to use Tim Tebow’s name on products.”
As for the 2010 endorsement deal — Nike made off like a bandit, signing Tebow before his jersey became one of the most sought-after in the league … for $300,000 a year.
Via TMZ
Photo from PR Photos
