Odell Beckham Jr. is suing Nike, claiming the company has not honored his endorsement deal, according to the lawsuit obtained by The Athletic. Beckham alleges Nike is “willfully withholding millions of dollars and inventing excuses not to pay him”.
Free-agent wide receiver Odell Beckham Jr. is suing Nike, claiming the apparel company has not honored his endorsement deal, according to the lawsuit obtained byBeckham alleges Nike is “willfully withholding millions of dollars and inventing excuses not to pay him” and is seeking more than $20 million in damages.According to the suit, when Beckham’s original contract with Nike expired in 2017, he considered switching brands to Adidas, but Nike exercised its right to match the deal.
Beckham also alleges the company withheld more than $2 million that was owed to him earlier this year over alleged glove and footwear violations last season while he was with theThe 30-year-old also posted a statement to Twitter on Monday claiming “Nike did not honor its commitments.” “Today, I’m taking a stand not just for me, but to set a precedent for all athletes who have dedicated their life to the sport they love – especially those who don’t have the means to stand up for themselves,” he said. “We are held responsible for fulfilling our obligations under our contracts, but we also have to hold powerful companies like Nike accountable for honoring their commitments too.”
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