Nike did not provide a public explanation for the early termination of their endorsement arrangement with one of the world’s most well-known athletes in August 2020.
According to a source acquainted with the situation, Nike’s marketing contract with Neymar has eight years left on it.
According to the persons, including former and current Nike employees, and the documents, Neymar tried to force her to perform oral sex in his hotel room when she was working to plan events and logistics for Neymar and his entourage in New York City in 2016.
According to his spokeswoman, Neymar denies the accusations.
“Neymar Jr. will actively defend himself,” she said in a document.
She added that; Nike and Neymar parted ways for business reasons.
According to the people and records, the Nike employee filed a complaint in 2018 and reported the occurrence to the company’s head of human resources and general counsel.
According to the sources and documents, Nike hired Cooley LLP lawyers to launch an inquiry in 2019 and decided to stop using Neymar in marketing during the investigation.