Of note, Radio Shack also dropped Lance Armstrong. Did Lance Armstrong ever do anything to help Radio Shack sell a single thing?
Personally, I think this is stupid of Nike. Armstrong will be known for his fight against cancer and his Livestrong Foundation long after the cycling scandal is behind him. Nike is really losing its sponsorship of a high-profile health advocate, not an athlete at this point.
And as Tony Manfred at Business Insider points out, the only athletes Nike has dropped are Lance Armstrong and Michael Vick. Armstrong was just business as usual in professional sports, but he’s in league with the dog-torturer?