SportsBusiness

Nike Releases Statement; Lawsuit With Odell Beckham Jr. Has Been Settled

The lawsuit between Odell Beckham Jr. and Nike has been settled. A statement released by Nike to this effect stated,

“With this verdict, all of Mr Beckham’s claims have been decided against him without any monetary award,”

Lawsuit Between Nike and Odell Beckham Jr. Settled

On his part, Odell Beckham Jr. also commented on the conclusion of his $20 million lawsuit against Nike on Thursday and expressed relief and gratitude on social media.

However, the celebratory nature of Odell Beckham Jr.’s Instagram post looked a bit misleading since Nike has expressly stated that Beckham received no monetary award in the case he filed in 2022.

Odell Beckham Jr. in his lawsuit had charged Nike with breach of contract, reformation, and breach of the covenant of good faith and fair dealing.

Odell Beckham Jr.’s Instagram post read,

“JUST DO……RIGHT @nike,” the 31-year-old wrote on IG. “I wanna take this moment to thank God first and foremost thank you Heavenly Father. I want to thank my team for every hour they have spent preparing for this case. I wanna thank the jury for simply doing what’s right in a world full of wrong… My message to whoever needs this is, STAND UP FOR WHAT YOU BELIEVE IN! JUSTICE WAS SERVED!!!”

However, Nike in its statement said,

“With this verdict, all of Mr Beckham’s claims have been decided against him without any monetary award. The decision confirmed that Nike complied with its commitments. Nike is grateful to the jury and the Court for their careful attention to this case.”

The Multnomah County Circuit Court jury in Oregon heard the lawsuit for a few hours on Thursday before deciding that Nike never breached its contract by withholding royalties from Beckham.

The court also ruled that Beckham’s glove customizations did not contradict the contract and also deemed that Nike waived its right to enforce the contract for certain glove designs and that Beckham did not contradict his contract by disclosing the terms of the deal.

However, Odell Beckham Jr. did tweet in all caps tonight,

“God’s child. It’s never in question.”

Odell Beckham Jr. had stated in 2022 that he was taking legal recourse against Nike and it was not just for him but to set a precedent for all the athletes who have dedicated their lives to sports.

Beckham had sought damages worth $862,000—the total of royalties withheld—while Nike was seeking damages between $7 million and $15 million for breach of contract.

Also Read: Costco Agrees to $2M Settlement in Class Action Lawsuit Over Kirkland Signature Moist Flushable Wipes, Exclusively Affecting New York Customers

Manoj Nair

Manoj Nair: With a decade of news writing across various media platforms, Manoj is a seasoned professional. His dual role as an English teacher underscores his command over communication. He adeptly covers Politics, Technology, Crypto, and more, reflecting a broad and insightful perspective that engages and informs diverse audiences.

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