Nike will likely sever ties with Kyrie Irving

NIke co-founder Phil Knight said the company likely will completely cut ties with Kyrie Irving. (Frank Franklin II/AP)

The relationship between Brooklyn Nets guard Kyrie Irving and Nike is likely severed for good, the shoe giant’s co-founder told CNBC.

“I would doubt that we go back,” co-founder Phil Knight said in an interview that aired Thursday. “But I don’t know for sure.”