Uh Oh! Chad Johnson Loses Endorsement Deal (DETAILS)

It's safe to say that Chad Johnson may be having one of the worst weeks of all time. After getting arrested this past weekend for allegedly headbutting his wife of just over a month, Chad was fired from the Miami Dolphins (and it was aired on TV).

Chad was later served divorce papers from his wife, Evelyn Lozada and now Chad is also being dropped from a new endorsement deal he just signed with Zico coconut water.

TMZ reports,

Here's a shocker -- something actually lasted LESS TIME than Chad Johnson's marriage to Evelyn Lozada -- his endorsement deal with Zico coconut water ... because the drink company just fired his ass ... less than a month after signing him.

A rep for Zico released a statement today, saying, "In light of recent events involving Mr. Johnson, we have decided to terminate our relationship" with him. The "recent events" obviously refer to Johnson's domestic violence arrest this weekend ... after he allegedly headbutted Lozada.

The rep adds, "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." Zico signed Johnson on July 25th. Johnson married his soon-to-be ex-wife Evelyn on July 4th.

SOURCE: TMZ

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