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Ray Rice dropped from "Madden NFL 15" by EA Sports

Ray Rice's indefinite suspension from the NFL for domestic violence will cost him income from endorsements in addition to his $4 million in salary.

Nike and Electronic Arts are among the businesses that announced Tuesday they have cut ties with Rice following the release of a video showing the former Baltimore Ravens running back striking his then-fiancee in February.

Former Raiders CEO on NFL's punishment of Ray Rice

Nike Inc. confirmed its decision to end its relationship with Rice via an email. EA Sports made the announcement that it will take his image out of the Madden '15 video game on its "Madden NFL" official Twitter account.

Two other companies, BodyArmor sports drink and VertiMax sports training equipment, disassociated themselves from Rice earlier this year.

Rice made an estimated $1.6 million a year from endorsements, according to Forbes magazine.

On Monday TMZ Sports released a grainy video showing Rice and Janay Palmer in an elevator at an Atlantic City, New Jersey, casino. Each hits the other before Rice knocks Palmer off her feet and into a railing. Months ago, a TMZ video showed Rice dragging Palmer, now his wife, from the elevator at the Revel casino.

Retailers pull former NFL player Ray Rice's jerseys

The Ravens said on Twitter that they're planning to offer an exchange for Rice jerseys.

His No. 27 jersey no longer is available on the NFL fan shop website, and Dick's and Modell's are among the sporting goods stores that have pulled the jerseys from their racks.

As CBSSports.com notes, before the video emerged, Rice was one of the most popular athletes in Baltimore so it stands to reason there are lots of Ravens fans with Rice jerseys out there.

Patriots owner Bob Kraft on Ray Rice incident, Thursday Night Football

The Patriots offered a similar exchange for Aaron Hernandez jerseys after the former star tight end was arrested, charged with murder and released by New England all on the same day.

Before the latest video was released, Rice also had been removed as a spokesman for East Coast-based M&T Bank.

Rice is among the high-profile athletes cut by Nike because of scandal. Cyclist Lance Armstrong and track star Justin Gatlin were let go after they were found to have used performance-enhancing drugs and South African paralympic sprinter Oscar Pistorius after he was accused of murdering his girlfriend.

The athletic clothing and footwear giant stood by Tiger Woods and Kobe Bryant after their infidelity made headlines. Nike dropped Michael Vick for his involvement in dog fighting, but the company re-signed him upon his re-entry to the NFL.

Rice had signed with BodyArmor in 2012, but his image was removed from the company website days after his February arrest.

"Ray Rice is no longer a BodyArmor partner," company spokeswoman Lindsey Raivich wrote in an email Tuesday. "When his contract expired the brand chose not to renew."

Raivich declined further comment.

Vertimax dropped Rice on Monday, according to ESPN.com. A message was left for company publicist Al Marez.

In a statement to ESPN.com, VertiMax CEO Michael Wehrell said, "After internal discussion about the events that transpired, we determined that a future relationship with Ray did not align with our goals as a company."

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