The President weighed-in on Nike's growing controversy on social media this week, saying the shoemaker was "getting absolutely killed with anger and boycotts".
"Any profits from remaining Nike gear sold through our campus store will be directly donated to Wounded Warriors and the Fraternal Order of Police", university President Emir Caner said.
Star athletes also appeared in the video including tennis superstar Serena Williams, basketball icon LeBron James and one-handed rookie football player Shaquem Griffin. "In the meanwhile, let us honor true heroes, those who protect us daily, some even sacrificing their own lives".
President Trump weighed in on the campaign on Tuesday, telling The Daily Caller that "I think it's a bad message that they're sending and the goal of them doing it, maybe there's a reason for them doing it".
Beginning at 5 p.m. Thursday, she said, American Legion Post 170 in town will be collecting Nike apparel to help raise money for Vietnam veterans.
The involvement of Kaepernick incited backlash for Nike by some shoppers who equated the decision with Nike's support of NFL players kneeling during the national anthem.
The ad is narrated by Kaepernick, the former NFL quarterback who has been out of the league the last two seasons in the aftermath of his protests. THAT is sacrificing everything for something you believe in.
The comedian, who is now more well known for releasing sometimes head-scratching paintings through Twitter than anything else, released a painting celebrating Nike's partnership with Kaepernick. He also has worn socks depicting police officers as pigs. That percentage was down to 10 percent among millennials and 6 amongst Generation Z. Conversely, a staggering 56 percent of those surveyed said they were more likely to purchase from Nike after seeing the commercial. And a store in Colorado has said it will be removing all Nike merchandise following the move.