Reebok to stop selling Tim Tebow apparel after legal settlement with Nike
Washington, Apr 11 (ANI): Sportswear companies Nike and Reebok have settled their fight over Tim Tebow apparel, after the latter agreed to stop selling the New York Jets quarterback's Bronco t-shirts and jerseys.
The terms of a settlement with Nike were disclosed Tuesday.
Reebok must eliminate from the sales chain any Tebow clothing it manufactured after the quarterback's trade last month from the Denver Broncos to the Jets, CBS News reported.
Nike had sued in Manhattan, saying Reebok was infringing on its licensing rights.
A federal judge had said Nike Inc was likely to succeed. It took over licensing rights for National Football League apparel at the beginning of April.
Nike spokeswoman Mary Remuzzi said the company was "pleased to have reached a mutually agreeable resolution." (ANI)
Read More: National Book Trust | National Literacy Mission | National Physical Laboratory | A.c.company | Chennai National Terminal | Mary Land | Kaziranga National Park | Anelih | Anini | Kamlang Nagar | Kherem | Chowkham | Medo | Momong | Wakro | Wingko | Kumsai | Lathao | Manmao | Betla National Park | Tebo
Real Madrid beat San Lorenzo 2-0 to win Club World Cup
December 21, 2014 at 7:50 AM
NYPD Commissioner police killing: "They were quite simply assassinated"
December 21, 2014 at 7:40 AM
PSV trash Go Ahead Eagles 5-0
December 21, 2014 at 6:15 AM
Bayern march on, Dortmund end year in a low
December 21, 2014 at 6:10 AM
Weak rouble doesn't stop Russia's New Year shopping spree
December 21, 2014 at 5:35 AM
Two New York police officers killed, gunman dead
December 21, 2014 at 5:15 AM