Nike stands pat on Sharapova amid two-year suspension

Nike Inc. announced it would continue sponsoring Maria Sharapova although she got a two-year suspension as a drug test found her positive for using a prohibited medicine. The sports company stressed it would stay behind Russian-born tennis player, reiterating the International Tennis Federation ascribed to a faulty procedure to decide on the issue. Earlier this year, the Tennis Anti-Doping Programme found Sharapova positive for using the banned drug. The endorser will attempt to appeal the decision. Nike initially held off its relations with Sharapova to watch the probe. But the firm noted the tribunal believed the endorser did not intentionally breached the regulations. Sharapova earlier admitted she only used meldonium for medical reasons and had already apologized for overlooking the new rule.

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