In the latest reverberation from the Kyrie Irving antisemitism controversy, Nike co-founder and biggest stockholder Phil Knight told CNBC that the long time relationship between Irving and footwear company is likely done.
Nike suspended its relationship with Irving last Friday, citing his promotion of an antisemitic video. The suspension essentially ended the company’s long-term relationship with Irving since his footwear contract ends this year. Knight who controls 17% of Nike stock seemingly removed the possibility of a return in talking with CNBC’s Becky Quick.
“Kyrie stepped over the line,” Knight said. “It’s kind of that simple. He made some statements that we just can’t abide by and that’s why we ended the relationship.