Nike has filed a lawsuit against Reebok and the company which owns it, Adidas. The lawsuit claims that Reebok didn’t have the rights to make Tebow jerseys since they are no longer under contract to produce the jerseys. In a nutshell Nike is basically pissed that Reebok had every able hand in some third-world country pumping out Tebow jerseys as fast as humanly possible. Lets be realistic here. If this was some other player we wouldn’t even be having this discussion. But Nike knows that if someone went out and bought a Reebok Tim Tebow jersey, they damn sure aren’t going out to get a Nike Tim Tebow jersey next week. To make everything right in the world, Nike wants Reebok to pay them what is probably going to be a boat load of money. They also want all the jerseys to be destroyed, which is what I believe should be done with all Tim Tebow jerseys anyway.
P.S.- If you’re wondering why Reebok made Peyton Manning jerseys with no problem it’s because Peyton probably gave them permission to use his name on the jersey, while Tebow told Reebok that they could not use his name.