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Sports & Entertainment Spotlight: NFL Wide Receiver Odell Beckham, Jr. files a $20M lawsuit against Nike

Welcome back to the Spotlight! I am fresh off my trip (not to be confused with a “vacation”) to Walt Disney World, and discounting--just about the only time the word “discount” has been used in recent memory—being pummeled by Hurricane Nicole, several children’s ear infections and coming down with the Flu, there were still good memories and a lot of fun to be had by all. Mickey-shaped pretzels and Dole Whips helped ease the malaise as well. But I’m back to do away with your malaise (or sense of relief, depending on your point of view) and fill the sports and entertainment law void left in my absence. As previewed two weeks ago, I have new section on emerging sports, replacing the NFTs section—at least for a while until the crypto market rebounds #goodvibesonly. But just make sure to fill your plate with enough food (for thought) as I’ll be gathering with my core readership (my family) for Thanksgiving. Between now and then, there will undoubtedly be a veritable cornucopia of stories that I’ll be putting on my LinkedIn page. Consider it a flashlight rather than a Spotlight. 

    • NFL Wide Receiver Odell Beckham, Jr. files a $20M lawsuit against Nike, alleging he was cheated out of an opportunity to sign an endorsement deal with Adidas. When Beckham consulted his attorney about filing the lawsuit, he undoubtedly said “just do it.”
    • Elon Musk announces that he intends for Twitter to share revenue (perhaps with content creators on the social media platform. An open question is whether that includes a share for recording artists, songwriters. Another open question after the last few weeks is whether there will be any revenue to share. 
    • Pickleball remains on the upswing with Stephen Colbert manning the umpire chair for a celebrity competition that is sure to be a vlasic. 
    • Lastly a feel good story of mending fences with Mike Tyson and Evander Holyfield joining forces to market Holy Ear cannabis gummies in an homage to the infamous moment when Tyson bit off a piece of Holyfield’s ear in a 90s heavyweight boxing match. 

Endorsement Sponsorship and Investments

 

The FTX Bankruptcy Flameout Won’t Burn Larry David or Influencer Marketing

November 16, 2022 via AdWeek - Headlines

 
   

Bay Area Sports Teams flee FTX After its Spectacular Collapse

November 15, 2022 via SFGate

 
   

China celeb ban: No celebrity endorsement allowed for health supplements - SAMR

November 14, 2022 via Asia Pacific Food Technology News

 
   

Binance Pulls out of FTX Bailout Leaving Sponsorship deals in Jeopardy

November 10, 2022 via Sport Business

 
   
 

Sport

 

Sportradar Shares Swell on U.S. Business Strength, Quarterly Earnings Beat

November 16, 2022 via Sportico - Business

 
   

CONCACAF Signs OneFootball for Soccer Media Partnership

November 16, 2022 via Sportico - Business

 
   

Impact Investment Structure Draws New Capital Into Sports

November 16, 2022 via Sportico - Business

 
   

FIFA World Cup 2022 Set To Shatter Viewership Records

November 16, 2022 via MENAFN

 
   

Nicole Zerunyan Authors Article on Pregnancy Discrimination for Mississippi Sports Law Review

November 14, 2022 via Lewis Brisbois

 
   

Inside FTX’s Now-Shaky $135 Million Deal for Miami’s NBA Arena

November 11, 2022 via Sportico - Business

 
   

Genius Sports Beats Expectations in Q3 as U.S. Sales Triple

November 10, 2022 via Sportico - Business

 
   
 

Music Biz

 

Copyright Infringement and Royalties for Radio play in Commercial Sites

November 16, 2022 via Business Mirror

 
   

The Hip Hop Nutcracker

November 16, 2022 via East Bay Express

 
   

Tencent Music Entertainment Group Releases Golden Melodies Research Report That Explores The Music Industry's Long-Term Value And Potential'

November 16, 2022 via MENAFN

 
   

Music Industry Moves: Nilsson's Publishing Catalog Acquired by BMG

November 15, 2022 via Greenwich Time

 
   
 

Film & TV

 

MLS, Apple Unveil Pricing for Comprehensive Streaming Service

November 16, 2022 via Sportico (subscription may be required)

 
   

Cinedigm - Mediocre Quarter, Terrific Outlook

November 16, 2022 via Seeking Alpha

 
   

Apple Announces Landmark Deal with Major League Soccer – with focus on The Consumer Experience and Growing Global Soccer Audience

November 16, 2022 via Analyst Blog

 
   

UFC-Disney Rights Renewal Talks Nearing Opening Bell, Shapiro Says

November 15, 2022 via Sportico (subscription may be required)

 
   
 
 

Emerging Sports

 

NYCFC Strike Deal for Soccer-Specific Stadium in Queens

November 16, 2022 via Mlssoccer

 
   

ExxonMobil Partners With Racing Promotions To Blaze The Trail For The Indian Racing League

November 15, 2022 via Businessworld India

 
   

Pickleball’s uphill climb to mainstream success

November 14, 2022 via Salon News

 
   

Stephen Colbert’s New Celebrity Pickleball Game Plays on TV’s Sports Frenzy

November 9, 2022 via Variety

 
   

NBA 2K League Bans 6 Players, Coach For Violating Gambling Policies

October 27, 2022 via Bleacher Report

 
   
 

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The Sports, Arts & Entertainment group at Foster Garvey provides full service legal representation on sports, entertainment and business matters, including handling transactions related to brand management, licensing, joint ventures, venture capital, private equity, technology, the Internet and new media.
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