Nike suspends contract with Oscar Pistorius

Pistorius, the first double-amputee runner to compete on the track at the Olympics, is facing a charge of premeditated murder in South Africa in the Valentine’s Day slaying of his girlfriend.

In a brief statement announcing the contract suspension, Nike says “we believe Oscar Pistorius should be afforded due process and we will continue to monitor the situation closely.”

Pistorius is a multiple Paralympic medalist, but he failed to win a medal at last year’s London Olympics, where he ran in the 400 meters and on South Africa’s 4×400 relay team.

Nike dropped Lance Armstrong in October 2012, but stood by Tiger Woods after he admitted to infidelities and went to rehab for sex addiction.