Index Investing News
Friday, November 21, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

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

by Index Investing News
November 5, 2022
in Financial
Reading Time: 3 mins read
A A
0
Home Financial
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
ShareTweetShareShare
Previous Post

Pop singer Aaron Carter, brother of Backstreet Boys member Nick, dead at 34

Next Post

New Zealand 24 – 18 Fiji

Related Posts

Nilfisk Holding A/S 2025 Q3 – Outcomes – Earnings Name Presentation (OTCMKTS:NLFKF) 2025-11-20

Nilfisk Holding A/S 2025 Q3 – Outcomes – Earnings Name Presentation (OTCMKTS:NLFKF) 2025-11-20

by Index Investing News
November 20, 2025
0

This text was written byObserveSearching for Alpha's transcripts crew is accountable for the event of all of our transcript-related initiatives....

Israel’s economic system grew at 12.4% in Q3

Israel’s economic system grew at 12.4% in Q3

by Index Investing News
November 16, 2025
0

GDP development recovered strongly within the third quarter of 2025, after the economic system contracted in the course of the...

Rs 3,000 SIP Vs Rs 3 Lakh Lump Sum: Which One Is Higher?

Rs 3,000 SIP Vs Rs 3 Lakh Lump Sum: Which One Is Higher?

by Index Investing News
November 12, 2025
0

Placing Rs 3 lakh into the market abruptly exposes your whole funding to present market traits. If the market occurs...

India clinch T20I sequence in opposition to Australia as rain washes out fifth T20I

India clinch T20I sequence in opposition to Australia as rain washes out fifth T20I

by Index Investing News
November 8, 2025
0

Brisbane: India's Abhishek Sharma completes a run through the fifth T20I cricket match of a sequence between India and Australia,...

ACI Worldwide expands with Cost Elements takeover

ACI Worldwide expands with Cost Elements takeover

by Index Investing News
November 4, 2025
0

ACI Worldwide has accomplished the acquisition of Cost Elements, a Greek-based fintech specialising in AI-driven monetary messaging and open banking...

Next Post
New Zealand 24 – 18 Fiji

New Zealand 24 - 18 Fiji

Influencers are wondering if they should leave Twitter now that Musk runs the show: ’It’s getting ugly here’

Influencers are wondering if they should leave Twitter now that Musk runs the show: ’It’s getting ugly here’

RECOMMENDED

Chelsea could repeat Kalou masterclass by signing £30m “machine”

Chelsea could repeat Kalou masterclass by signing £30m “machine”

January 21, 2024
A Short History of Stocks

A Short History of Stocks

April 12, 2024
Four In Five Women Believe Hybrid Work Increases Tech Sector Opportunities: Survey

Four In Five Women Believe Hybrid Work Increases Tech Sector Opportunities: Survey

March 6, 2024
Amazon, Apple, Pinterest, Intel and more

Amazon, Apple, Pinterest, Intel and more

October 28, 2022
The Iron Man’ Embodies 1980s HIV/AIDS Anxieties

The Iron Man’ Embodies 1980s HIV/AIDS Anxieties

November 18, 2022
Month-to-month Dividend Inventory In Focus: GRUPO AVAL ACCIONES Y VALORES

Month-to-month Dividend Inventory In Focus: GRUPO AVAL ACCIONES Y VALORES

May 7, 2025
Lifeline for Ukraine as Zelensky has 25-minute telephone name with Trump AND Elon Musk about US help throughout Russia conflict

Lifeline for Ukraine as Zelensky has 25-minute telephone name with Trump AND Elon Musk about US help throughout Russia conflict

November 9, 2024
Tottenham midfielder Bentancur braced for seven-game ban

Tottenham midfielder Bentancur braced for seven-game ban

November 13, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News 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