Mark G. Parker

Nike says it's working on a solution to the NBA's torn-jersey problems

Nike says it's working on a solution to the NBA's torn-jersey problems

Nike’s eight-year, $1-billion jersey deal with the NBA doesn’t appear to be off to the best of starts.

Take a look at what happened to Lakers guard Tyler Ennis during a preseason game.

The same thing happened to Cleveland Cavaliers superstar LeBron James on opening night.

Yep, those brand-new jerseys seem to have a hard time staying in one piece.

Soon after the league’s biggest star had his jersey torn down the middle, Nike President and CEO Mark Parker told CNBC, “We’ve isolated the issue, and we feel like we’ve got command of the situation and feel good about where we are.”

But the rips...

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