Nike just KO’d its endorsement deal with Manny Pacquiao. Nike (NKE) made the announcement on Wednesday — days after Pacquiao made comments about how gay people are “worse than animals.” In a statement, Nike said it found Pacquiao’s comments “abhorrent.” “Nike strongly opposes discrimination of any kind and has a long history of supporting and standing up for the rights of the LGBT community,” the statement read. “We no longer have a relationship with Manny Pacquiao.”

The eight-time world boxing champion made the anti-gay comments while campaigning for a seat in the Philippine senate. “It’s common sense. Will you see any animals where male is to male and female is to female,” Pacquiao said during an appearance on the Filipino station TV5. “The animals are better. They know how to distinguish male from female. If we approve [of] male on male, female on female, then man is worse than animals.” READ MORE


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