Popular NFL Star, Odell Beckham Jr in legal battle with Nike over Millions of Dollars
Odell Beckham Jr. has filed a lawsuit against Nike, accusing the company of defrauding him of millions of dollars by suppressing sales of footwear that would have resulted in a contract extension.
Daniel Davillier, the attorney for Odell Beckham Jr., 30, set forth their accusations against the shoewear behemoth.
According to TMZ, Odell claimed that after his initial Nike contract expired in 2017, he pondered switching to Adidas, who offered him a lucrative contract.
However, in order to avoid losing a marquee player, Odell stated that Nike invoked their right to match the Adidas agreement.
Odell said that the fine print was different and that it wasn’t the same agreement.
The NFL star, who stated that the way the Nike contract was structured made it nearly impossible for him to trigger very valuable extensions of the contract, also stated that his relationship with the shoewear giant began to deteriorate around March 2022, when he was due a payment of around $2.6 million.
Odell claimed Nike withheld more than $2 million of the payout without notice.
Nike, he claims, withheld the money because the business claimed he violated footwear and glove regulations when he changed his equipment at the conclusion of last season.
He insisted, however, that he was forced to personalise his cleats because Nike refused to provide him with cleats that matched the colours of his new team.
Odell, who claimed that he always customises the equipment to fit his “high fashion brand” and that Nike has never had a problem with it in the past, also claimed that the penalties were manufactured by the brand to pressure him into signing a less lucrative deal with them.
Odell claims that the fine print cheated him out of more than $20 million, and he demands the money.
The Super Bowl champion issued the following statement:
“Being a Nike Athlete and Brand Icon was a dream I’ve had since being a young boy. I wanted to be the next Michael Jordan, Bo Jackson, LeBron James or Kobe Bryant in the Nike Family.
“When Nike exercised its right of first refusal to match the Adidas offer and not only kept me as a Nike Athlete, but also made me one of their Brand Icons – my dream had been fulfilled.
“Unfortunately, Nike did not honor its commitments. Throughout our partnership, I have kept my promise and fulfilled my obligations to the brand. I am extremely disappointed that I’ve had to take these measures to ensure Nike fulfills their obligations and promises.
“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. 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.
“I look forward to resolving this issue and hope we can start a real conversation about protecting athletes and their rights. This happens too often in the sports industry and it’s time for change.
“As this is now a legal matter, please refer any questions to my attorney, Daniel Davillier.”