Saturday, August 1, 2015

Beyonce Knowles' Husband Jay-Z's Company Roc Nation Sports Sued for $10 Million


NYPost.com:
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.

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