Odell Beckham Jr. is suing Nike, claiming the apparel giant suppressed the sale of sneakers that would have spurred a financially lucrative contract extension.
“Today, I’m taking a stand not just for me, but to set a precedent for all athletes who have dedicated their life to the sport they love – especially those who don’t have the means to stand up for themselves,” he said in a statement provided to The Post.
“We are held responsible for fulfilling our obligations under our contracts, but we also have to hold powerful companies like Nike accountable for honouring their commitments too.”
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He believes Nike created the penalties to force him into signing a less profitable deal with them, and claims it has cost him $20 million ($29.9m).
“Throughout our partnership, I have kept my promise and fulfilled my obligations to the brand,” Beckham said.
“I am extremely disappointed that I’ve had to take these measures to ensure Nike fulfills their obligations and promises.
“I look forward to resolving this issue and hope we can start a real conversation about protecting athletes and their rights. This happens too often in the sports industry and it’s time for change.”