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Nike holds Deshaun Watson deal on thin ice over ‘disturbing’ sexual assault allegations

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    Nike has suspended its endorsement of Texans quarterback Deshaun Watson after 22 civil lawsuits have been filed against him alleging sexual harassment and assault. 

    The company issued a statement to CNBC’s Jabari Young saying, “We are deeply concerned by the disturbing allegations and have suspended Deshaun Watson. We will continue to closely monitor the situation.”

    Watson signed with the company prior to the 2017 NFL draft.

    A representative for Beats by Dre, another of Watson’s backers, did not immediately respond to a request for comment from CNBC about their ties to Watson.

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