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Nike cuts Pacquiao ties over "abhorrent" remarks

Nike terminated its endorsement contract with Manny Pacquiao on Wednesday after the Filipino boxer made derogatory remarks towards same-sex couples.

"We find Manny Pacquiao's comments abhorrent," the company said in a statement. "Nike strongly opposes discrimination of any kind and has a long history of supporting and standing up for the rights of the LGBT community."

Based on Pacquiao's comments, a spokesman confirmed that he is no longer on the endorsement roster.

"Have you seen any animal having male-to-male or female-to-female relations?" Pacquiao said on a Filipino television station earlier this week. "If you have male-to-male or female-to-female [relationships], then people are worse than animals.