Nike has terminated its relationship with Manny Pacquiao after the six-weight world champion described homosexuals as “worse than animals”.
The 37-year-old, who is running for a senate seat in his native Phillipines, later apologised for his comments.
“We find Manny Pacquiao’s comments abhorrent,” said a Nike statement.
“Nike strongly opposes discrimination of any kind and has a long history of supporting and standing up for the rights of the LGBT community.”
The sportswear company added: “We no longer have a relationship with Manny Pacquiao.”
Pacquiao’s original remark was made in a television interview and he initially appeared unrepentant, writing on Instagram that he was “just telling the truth of what the Bible says”.
Pacquiao, whose last fight was a defeat by Floyd Mayweather in May, is due to fight American Timothy Bradley Jr in Las Vegas in April.