Six. Hundred. Million. Dollars.
That’s how much Jay, the NBA, and developer Bruce Ratner are being served with in the latest episode of “Who Wants To Sue A Millionaire?”
According to Radar Online:
The plaintiff, Dr. Francois de Cassagnol, filed a pro se complaint with the Eastern District of the State of New York on December 9, 2013, asking for a juried trial over the matter — and $600 million in damages, at least.
Indeed, documents submitted as evidence show that de Cassagnol filed applications in 2012 for “The Brooklyn Nets Entertainment Logo,” which was first used in the State of Louisiana back in 2003.
He even claims that before the team moved to Brooklyn, he spoke with officials at the New Jersey Nets organization and the NBA who assured him that the team would not use the term “Brooklyn Nets,” but would most likely opt for “New York Nets.” Unfortunately, he claims, “It was pure mismanagement of the facts.”
I can’t really be mad at this for the most part. When Jay announced that he became a minority owner in the then-New Jersey Nets over a decade and vowed to bring the team to Brooklyn, the smartest person in the room would’ve snatched up the website, name, and everything in between before anybody else (in this case, that’s what the good doctor did). That type of move/hustle happens more often than not, and more often than not corporations have no choice but to pony up the bucks to acquire them. But suing for about $600M? Yeah, good luck getting that much money in your pocket, Francois, not while the incoming commissioner has from David Stern aka the OG goon/t.I. of the Lig.