Former Dolphins receiver Chad Johnson loses water endorsement deal

Former Dolphins wide receiver Chad Johnson lost an endorsement deal with water brand Zico. (Getty Images)

Former Dolphins wide receiver Chad Johnson's week continues in a free fall, this time losing an endorsement deal with Zico brand coconut water, reports ESPN.com.

The deal was announced on July 25.

"The Zico brand is about supporting naturally powered athletes," the company said in a statement. "We partnered with Chad Johnson because of our great respect for what he has achieved on the playing field. However, in light of recent events involving Mr. Johnson, we have decided to terminate our relationship. 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."

Johnson was arrested Saturday night for allegedly head-butting his wife, the Dolphins released him the next day and his wife filed for divorce on Tuesday.  As of today, Johnson still has a deal with shoemaker Reebok even though he is not on an NFL roster.