July 19th 2024.
In 2022, NFL star Odell Beckham Jr. made headlines for filing a massive $20 million lawsuit against sneaker giant Nike. According to reports from the Portland Business Journal, the wide receiver accused the company of withholding royalties from his signature line of shoes. Nike, in turn, countersued Beckham for violating the terms of their contract by making unauthorized customizations to his gloves. After a lengthy legal battle, the jury ultimately decided to award neither party any financial damages.
The news of the verdict caused quite a stir, with Beckham taking to his social media to share a message directed towards Nike. In a post on his Instagram account, the athlete expressed his gratitude to God and his team, and thanked the jury for doing what he believed was right in a world full of wrong. He also encouraged others to stand up for what they believe in, as he felt that justice was served in this case.
Meanwhile, Complex reported that Nike also released a statement regarding the verdict. The company shared that all of Beckham's claims had been decided against him and no monetary award was given. They reiterated their commitment to upholding their agreements and expressed their appreciation for the jury's careful consideration of the case.
The lawsuit was initially filed after Beckham discovered that Nike had not paid him the royalties he was owed. The company claimed that his customizations to their products violated their contract, but Beckham maintained that he had no choice but to make the changes due to Nike not providing him with appropriate gear for his new team. Now, with the case settled and no financial damages awarded, the NFL star can focus on his future on the field.
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