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Nike Drops Boxer Manny Pacquiao After Controversial Anti-Gay Remarks

Nike said Wednesday it cut ties with Pacquiao after the Filipino boxer and politician drew ire for calling gay people "worse than animals."
Image: US-SPORT-BOXING-PACQUIAO-BOX-BRADLEY
Boxer Manny Pacquiao speaks during a press conference at Madison Square Garden in New York on January 21, 2015, to announce his retirement after the 12-round welterweight championship fight against Timothy Bradley on April 9 in Las Vegas.KENA BETANCUR / AFP - Getty Images
By Jacob Pramuk, CNBC
Jacob Pramuk, CNBC