Previously, The Wall Street Journal reported that, in depositions for Kaepernick's grievance, National Football League owners indicated that President Trump's attacks on the player protests pushed them to change the rules for the season just underway.
The pro-athlete, Kaepernick, started the protest by taking a knee during the national anthem in 2016 over police brutality and racial inequality, which since has influenced others to do the same.
If Nike's move pays off or not, Kaepernick will be bringing in a good amount of dough without strapping those pads on.
The case, which was allowed to go to trial, hinges on whether owners worked together rather than decided individually not to sign Kaepernick.
Dispute in arrest of Chinese billionaire
Founded in 1998, the Fortune Global 500 company is China's second-largest e-commerce firm and an aggressive competitor of Alibaba. Trade in JD.com shares is set to resume on Tuesday as US markets are closed for the Labor Day holiday on Monday.
Pavlich noted on Tuesday that Kaepernick has been a Nike athlete since 2011, and the company has been paying him amid his protests that including wearing socks that depicted police officers as pigs.
It's a "fine line" for Nike to walk with this campaign, said Susan Anderson, senior retail analyst at investment bank B. Riley FBR.
"Nike has a long-standing relationship with the NFL and works extensively with the league on all campaigns that use current NFL players".
Nike's announcement set off fierce debates on social media.
If Nike's goal was to spark controversy, the popular athletic apparel manufacturer just did it.
Rich tweeted later a picture of Nike socks with the logos cut off from the clothing.
Williams is the focal point of a Nike campaign that coincides with her U.S. Open appearance and it's one that celebrates her journey as a woman of color in a predominantly white sport and as a new mother. They made [Michael] Jordan the face of the company at a time when black men were considered to be a huge risk as pitch men.