Hours after Gilbert Arenas plead guilty to weapons charges, TMZ reports that Adidas has cut ties.
A rep for the company gave TMZ this statement: "In response to Gilbert Arenas' guilty plea to felony charges, adidas has terminated its agreement with the athlete effective immediately."
Adidas has contemplated this decision for at least a week. It appears as though they were waiting for Arenas' plea to make a move.
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Mar 26
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