Chad Johnson Loses ZICO Endorsement Deal

The news just continues getting worse for Chad Johnson.

Days after being arrested for domestic battery against his wife Evelyn Lozada – and being released by the Miami Dolphins – the man formerly known as OchoCinco has lost an endorsement deal.

ZICO Coconut Water released a statement earlier today revealing their divorce from the former Dolphins wide receiver.

“In light of recent events involving Mr. Johnson, we have decided to terminate our relationship” with him. The values we espouse, through our employees, our customers and our brand, are central to our mission. We have taken this proactive step to demonstrate just how important those values are.”

Read more at TMZ