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  • 2018-09-04 (xsd:date)
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  • Did the Federal Government Cancel an $80 Million Nike Contract? (en)
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  • Nike, Inc.'s renewal of an endorsement deal with currently unsigned NFL quarterback Colin Kaepernick has prompted the federal government to cancel an $80 million contract with the company, according to a website notorious for publishing fabricated news. Last Line of Defense (LLOD) reported on 4 September 2018 that the Trump administration's action sent the company stocks tumbling: But although Nike's stock price did take a temporary hit in the wake of the Kaepernick deal, it had nothing to do with any actions taken by the Trump administration. MarketWatch.com reported that: Contrary to the LLOD report, the U.S. government does not (and did not) have a contract with Nike, Inc. to provide footwear to athletes. There is no Housing, Clothing, and Utility Bill agency in the federal government, nor is that nonexistent department headed by a director named Art Tubolls (a stock LLOD anagram of Busta Troll). Last Line of Defense is part of a network of websites devoted to publishing and promoting junk news articles about hot-button political topics under the guise of satire. A disclaimer on the site states: A related story on the website falsely claims that Nike rescinded their endorsement deal with Kaepernick after the latter went on an anti-white tirade. (en)
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