NBA Sued for 1.25 Million in Missing Rent for New York Store


851
8 shares, 851 points

This Article is brought to you by: Basketballforever.com
To read more: Basketballforever

A landlord who alleges the NBA has failed to pay more than $1.25 million in rent on its store on New York’s Fifth Avenue during the coronavirus pandemic is suing NBA Media Ventures, according to ESPN.

The suit, which seeks $1,257,412.96 as well as $20,000 in legal fees, was filed on Tuesday in New York.

According to the suit, rent at the store is $625,000 per month and the league did not pay in April or May, when the store was closed due to COVID-19.

“Like other retail stores on Fifth Avenue in New York City, the NBA Store was required to close as a result of the coronavirus pandemic,” NBA chief communications officer Mike Bass said in a statement Wednesday.

“Under those circumstances, we don’t believe these claims have any merit. We have attempted, and will continue to attempt, to work directly with our landlord to resolve this matter in a manner that is fair to all parties.”

Basketballforever.com


Like it? Share with your friends!

851
8 shares, 851 points
Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format