Friday, July 31, 2015

Roc Nation Sports Sued for $10 Million


Jay Z and Roc Nation Sports slapped with a $10 million lawsuit for luring a boxer away from his promoter and then ruining his boxing career…

From NY Post
A Bronx-based boxing promoter is suing Jay Z’s Roc Nation Sports for trying to lure a world champion middleweight away from his contract, only to cancel a $750,000 bout and dump the fighter.
Star Boxing says in its $10 million Manhattan Supreme Court suit that Roc Nation was in talks to sign Demetrius Andrade as its first fighter last September.
Roc Nation promised to pay Star $2 million to buy out Andrade’s exclusive contract — and also pledged to pay the former Olympian $550,000 to cancel a fight against Jermell Charlo in December 2014 at the MGM Grand in Las Vegas, court papers say.
The bout would have aired on Showtime.
Roc Nation told Andrade he could make more than the $550,000 he had been offered by Star Boxing with another fight they had set up for HBO, the suit says.
Reps for Roc even invited Andrade and his family to the company’s Manhattan headquarters on Nov. 18, 2014, when he met Jay Z and other execs, the suit says.
But Roc suddenly decided not to pursue Andrade, 27, and refused to pay him for canceling the Showtime bout, the suit says.
Star Boxing says it has ruined their relationship with Showtime, and Andrade is now damaged goods.
The suit also seeks unspecified damages to punish Roc for acting “willfully, maliciously, recklessly, wantonly and with intent to injure Star Boxing.”

15 comments:

Tanisha Thomas said...

Why is he f*cking with sports management. Jay better be careful or he'll be out here looking like Damon....

Anonymous said...

Him and his baldheaded wife are greasy and grimey. Always has been, always will be! And before a BITCH tries to throw TPTB in the equation, WAKE THE FUCK UP!! JAY Z IS NOW THE TPTB!! He and his dingbat wife!! They have never met a talent that they aren't the first in line to try to exploit. JAY Z, KANYE, BEYONCE, THE KARDASHIANS, THEY ARE ALL THE MOTHERFUCKING "POWERS THAT BE" but everyone neglects to acknowledge that the REAL powers that be is the CONSUMER!! If you stop buying into their BULLSHIT, they will cut out a lot of the schemes and plots and shenanigans! Stop emptying out your piggy banks to feed their egos and bank accounts.

Every other day, cops are emboldened to just straight shoot niggas in the damn head and getting away SCOTT FREE!! Jay Z or his ding bat wife says NOTHING about real shit, just flauting their money in your broke ass faces and laughing at you hoes while faking pregancies and whatever else. Women get pregnant every second of the day, but the earth is supposed to stop spinning because one of Jay Z or Kanye's weak old frail ass sperm made it an egg? That shit ain't anointed! They stay silent about real issues unless there is something in it for them like a benefit concert that in the end only benefits THEM!! Belafonte was 1000% correct about them. That whole crew is utterly USELESS!!

Anonymous said...

Keep in mind Roc Nation is a group of businessmen out of California (look it up) and Jay is just their mascot. I think his time has run out (calling card null & void), that's why they are cutting him loose. He should be careful because he stands to lose alot of his money - wait & see how this TIDAL sale goes (ouch).

Love Harry Belefonte and he is absolutely correct. This was during The Carters ARROGANT stage - hopefully some humility has come into their lives.

Magnus 21 Gunz said...

Tru shit @ 9:54!!! Lol

Magnus 21 Gunz said...

Excuse me... I meant 9:45

Anonymous said...

So this is on top of Birdman lawsuit of 50 million, so how the hell is Jay going to pay back LiveNation 300 million?

Wait until they pull the Bill Cosby card on him

Anonymous said...

Never did like rap music nor rappers esp. the thuggery attached to it.
In reality, this is what the white youngsters that buy that crap think of black Americans anyway. I do not have any respect for your ghetto asses. This is what this generation of blacks get for buying into that thuggery.

Anonymous said...

Even though black women weren't good enough for Harry Belafonte to marry and bear children with, he has done a lot for the black community!!!

Anonymous said...

TIDAL loss = 50 million

Birdman Lawsuit = 50 million

Roc Nation Lawsuit = 10 million

Where are Jay's rich friends to help him? Where is Bey?

Anonymous said...

@10:42

Harry Belefonte was ahead of his time. Look around, more and more inter-racial marriages. I mean many different ethic groups are marrying - I like these young kids!

Anonymous said...

Nice pic of Jay!

The King Of The Real said...

Damn Jay...These L's are stacking HIGH bruh

Sonya Jones said...

Jay Z is not a wise business man at all. I called it long time ago. He is going to end up on skid row.

Anonymous said...

Time to pick up the p!mp tag. Beyonce is going to save the day; while Rihanna fix the problem. Shame on you and the dev!l.

LaShawn Hall said...

Roc Nation should be sued for damaging that man's career.

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