Index Investing News
Monday, September 8, 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

Hercules Capital: A 9.78% Dividend Yield From U.S. Enterprise Debt (NYSE:HTGC)

Hercules Capital: A 9.78% Dividend Yield From U.S. Enterprise Debt (NYSE:HTGC)

by Index Investing News
September 8, 2025
0

This text was written byObserveThe fairness market is a robust mechanism as day by day fluctuations in value get aggregated...

IndusInd Financial institution in Deeper Bother: Former CFO finds decade-old irregularities, seeks board chairman’s elimination

IndusInd Financial institution in Deeper Bother: Former CFO finds decade-old irregularities, seeks board chairman’s elimination

by Index Investing News
September 4, 2025
0

IndusInd Financial institution has been hit by a serious whistleblower disclosure, with a former high govt alleging treasury-related irregularities working...

UK bars Israeli gov’t officers from DSEI protection exhibition

UK bars Israeli gov’t officers from DSEI protection exhibition

by Index Investing News
September 1, 2025
0

The British authorities has determined to limit the official participation of Israeli authorities and navy representatives on the DSEI...

Banks To Stay Closed For 15 Days, Test Full Checklist

Banks To Stay Closed For 15 Days, Test Full Checklist

by Index Investing News
September 1, 2025
0

Sept. 3 – Karma Puja vacation in JharkhandSept. 4 – First Onam vacation in KeralaSept. 5 – Id-E-Milad/Milad-un-Nabi or Id-e...

Modernise transport legal guidelines – The Hindu BusinessLine

Modernise transport legal guidelines – The Hindu BusinessLine

by Index Investing News
September 1, 2025
0

Digital invoice of lading can guarantee price effectivity, sustainability and transparency in international maritime commerce | Picture Credit score: Suphanat...

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

The Fed’s Monetary Chicanery: No Finish to the Cash Printing

The Fed’s Monetary Chicanery: No Finish to the Cash Printing

December 13, 2024
Pak: Nawaz Sharif requires early basic election after PML-N’s heavy defeat in Punjab

Pak: Nawaz Sharif requires early basic election after PML-N’s heavy defeat in Punjab

July 27, 2022
Ukraine news latest — Crazed Vladimir Putin launches drone attacks on Kyiv in new bid to destroy energy infrastructure

Ukraine news latest — Crazed Vladimir Putin launches drone attacks on Kyiv in new bid to destroy energy infrastructure

December 19, 2022
Agent compares Mets owner to Goliath, King Kong

Agent compares Mets owner to Goliath, King Kong

December 15, 2022
Giving Sars the slip seems less likely

Giving Sars the slip seems less likely

March 10, 2023
The Ache Could By no means Fade for Delaware State’s Gamers. I’ve Been There, Too.

The Ache Could By no means Fade for Delaware State’s Gamers. I’ve Been There, Too.

May 13, 2022
Israeli settlers commit arson and vandalism in spate of West Financial institution assaults | Israel-Palestine battle Information

Israeli settlers commit arson and vandalism in spate of West Financial institution assaults | Israel-Palestine battle Information

January 10, 2025
ApeCoin (APE) Set For Upcoming Token Unlock, Bearish Pressure To Worsen?

ApeCoin (APE) Set For Upcoming Token Unlock, Bearish Pressure To Worsen?

October 15, 2023
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