Eric
05-29-2012, 04:09 PM
http://blogs.phillymag.com/the_philly_post/2012/05/29/michael-vick-sued-breach-100000-contract/
Michael Vick Sued Over Breach of $100,000 Contract
by Tim McManus 5/29/12
The state of Nevada doesn’t agree with Michael Vick. There was the public backlash from his appearance at a local Toyota dealership over the weekend. And now this: J.O. Sports Company is suing Vick, alleging that he failed to live up to an agreement that paid the quarterback $101,500. Among the claims: Vick didn’t provide game-worn equipment and didn’t attend private signings, as laid out in the contract.
But Vick’s side says that it terminated its relationship with Jarrod Oldridge of J.O. Sports in October 2011 after learning that Oldridge had been indicted for fraudulent business practices. He was accused, among other things, of doctoring jerseys to make them appear game-worn to increase the value.
“My primary concern is for my fans,” said Vick through his P.R. firm. “If my fans want to buy game-used memorabilia, it is important that the merchandise is 100 percent authentic.”
Oldridge has since pleaded guilty to mail fraud, which carries a maximum sentence of 20 years imprisonment and a fine as high as $250,000.
“I will not support a company that is accused of misleading fans,” said Vick. “It is an easy decision to make.”
It seems like smooth sailing in the other 49 states for Vick this summer. He is, of course, set to get married in Miami Beach on June 30th to his fiancée, Kijafa, and will squeeze in a Celebrity Golf Tournament at Stone Harbor Golf Club June 18th to raise funds for the Boys & Girls Clubs of Newport News, Virginia and Philadelphia.
In another positive development for the 31-year-old signal-caller, Vick is expected to be off probation in the very near future. There are business ventures on the horizon also; we’ll detail them for you soon.
Michael Vick Sued Over Breach of $100,000 Contract
by Tim McManus 5/29/12
The state of Nevada doesn’t agree with Michael Vick. There was the public backlash from his appearance at a local Toyota dealership over the weekend. And now this: J.O. Sports Company is suing Vick, alleging that he failed to live up to an agreement that paid the quarterback $101,500. Among the claims: Vick didn’t provide game-worn equipment and didn’t attend private signings, as laid out in the contract.
But Vick’s side says that it terminated its relationship with Jarrod Oldridge of J.O. Sports in October 2011 after learning that Oldridge had been indicted for fraudulent business practices. He was accused, among other things, of doctoring jerseys to make them appear game-worn to increase the value.
“My primary concern is for my fans,” said Vick through his P.R. firm. “If my fans want to buy game-used memorabilia, it is important that the merchandise is 100 percent authentic.”
Oldridge has since pleaded guilty to mail fraud, which carries a maximum sentence of 20 years imprisonment and a fine as high as $250,000.
“I will not support a company that is accused of misleading fans,” said Vick. “It is an easy decision to make.”
It seems like smooth sailing in the other 49 states for Vick this summer. He is, of course, set to get married in Miami Beach on June 30th to his fiancée, Kijafa, and will squeeze in a Celebrity Golf Tournament at Stone Harbor Golf Club June 18th to raise funds for the Boys & Girls Clubs of Newport News, Virginia and Philadelphia.
In another positive development for the 31-year-old signal-caller, Vick is expected to be off probation in the very near future. There are business ventures on the horizon also; we’ll detail them for you soon.