BEAVERTON, Ore. (AP) -Nike severed its ties with Michael Vick on Friday after he filed a plea agreement on dogfighting charges and was suspended indefinitely by the NFL.
``Nike has terminated our contract with Michael Vick following today's release of details of his plea. As we have said in previous statements, we consider any cruelty to animals inhumane, abhorrent and unacceptable,'' the Nike statement said in its entirety.
Last month Nike suspended the Atlanta Falcons quarterback's contract and said items bearing his name no longer would appear in company-owned stores. The sportswear giant also decided not to release a fifth signature shoe, the Air Zoom Vick V, this summer.
Terms of Vick's deal with Nike have not been released.
In court papers, Vick acknowledged bankrolling gambling on the dogfights, but denied placing bets himself or taking any of the winnings. He admitted that dogs not worthy of the pit were killed ``as a result of the collective efforts'' of himself and two co-defendants.
The plea agreement will be formally entered in U.S. District Court on Monday in Richmond, Va.

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