In a statement, Nike said it found Pacquiao’s comments “abhorrent.”
“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 statement read. “We no longer have a relationship with Manny Pacquiao.”
The eight-time world boxing champion made the anti-gay comments while campaigning for a seat in the Philippine senate.
“It’s common sense. Will you see any animals where male is to male and female is to female,” Pacquiao said during an appearance on the Filipino station TV5.
“The animals are better. They know how to distinguish male from female. If we approve [of] male on male, female on female, then man is worse than animals.”
Nike has been supportive of gay rights and has promoted a “BeTrue” campaign that features products bedaring the rainbow flag.
On Tuesday, Pacquiao then returned to social media to apologize for his comments.
“I’m sorry for hurting people by comparing homosexuals to animals,” the post read. “Please forgive me for those I’ve hurt. I still stand on my belief that I’m against same-sex marriage because of what the Bible says, but I’m not condemning LGBT. I love you all with the love of the Lord. God Bless you all and I’m praying for you.”