NEW YORK â€" Reebok and Nike have settled their dispute over Tim Tebow New York Jets jerseys.
A deal was noted in papers filed Tuesday in federal court in Manhattan. Nike had filed a lawsuit saying Reebok was infringing on its licensing rights by selling Tebow jerseys and T-shirts. The terms of the settlement were not immediately known.
A federal judge had said Nike Inc. had shown a “probability of success.†Nike took over licensing rights for National Football League apparel at the beginning of April.
Nike spokeswoman Mary Remuzzi says the company is “pleased to have reached a mutually agreeable resolution†but had no other comment.
Reebok International Ltd. did not immediately respond to a request for comment.
Tebow was traded from the Denver Broncos to the Jets last month.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
No comments:
Post a Comment