Nike, as previously written about, takes over exclusive rights to NFL merchandise on April 1. Reebok, in a last ditch effort to make a few bucks before their contract is up, has released a Tim Tebow Jets jersey, which is being sold in the NFL.com shop.
Nike has now filed a lawsuit against Reebok for releasing these Tebow jerseys. Nike relased the following statement:
We have filed a complaint relating to unauthorized use of Tim Tebow’s name on New York Jets related apparel. Nike is authorized and licensed to use Tim Tebow’s name on products. We have no futher comment at this stage.
If you’re a Jets fan, better grab that Tebow jersey quickly. When Nike’s contract begins next week, prices for jerseys and other products are expected to jump in price upwards of 20 percent.