News Michael Jordan Gets $8.9 Million In Steak Lawsuit

Discussion in 'The Howard Stern Show' started by dawg, Aug 22, 2015.

  1. dawg

    dawg In The Dog House Staff Member

    Reputations:
    200,671
    Joined:
    Aug 19, 2010
    Messages:
    150,369
    Likes Received:
    142,361
    View attachment 43207

    Jurors at a civil trial focused on the market value of Michael Jordan's identity handed him a major win Friday, ordering a grocery-store chain to pay him $8.9 million for invoking his name in a steak ad without his permission.

    The amount was close to the $10 million his attorneys said the one-time use of his name was worth and Jordan hugged his lawyers after the decision was read in a federal court in Chicago, where Jordan won six NBA titles with the Bulls.

    "I'm so used to playing on a different court," a visibly delighted Jordan told reporters outside the courthouse. "This shows I will protect my name to the fullest. ... It's my name and I worked hard for it ... and I'm not just going to let someone take it."

    Jordan added that the case "was never about money" and that he'll give the damages award to charities in Chicago.

    Stepping back into the courthouse, two jurors asked him for a photograph and he obliged by throwing his arms around them and smiling for a cellphone camera.


    A judge ruled before trial that the now-defunct Dominick's Finer

    Foods, which was owned by Safeway, was liable. So the sole unresolved issue was damages for the unauthorized ad in a 2009 Sports Illustrated. It congratulated Jordan on his Hall of Fame induction and included a $2-off coupon above a photo of a sizzling steak. Jurors deliberated for six hours before returning with the $8.9 million figure, at one point sending a note to the judge that said, "We need a calculator."

    Jordan's fame loomed over the case, with one would-be juror struck from the jury pool during jury selection after describing Jordan as his idol. During closings earlier Friday, Jordan attorney Frederick Sperling appealed to city pride in trying to persuade jurors to side with Jordan.

    "He gave us six championships," he told jurors, Jordan sitting nearby.

    Steven Mandell, the Dominick's attorney, told jurors he was also proud of Jordan's accomplishments in sports. But he said Jordan's attorneys overvalued their client's name, saying jurors should award Jordan no more than $126,900.

    Evidence presented during trial provided a peek at Jordan's extraordinary wealth, including the $480 million he made from Nike alone between 2000 to 2012.

    Among the witnesses was Estee Portnoy, a marketing executive hired by Jordan, who said she was shocked when she saw the Dominick's ad, which included the text, "Michael Jordan ... You are a cut above."

    Asked after the jury's decision whether he ever tried one of the steaks Dominick's advertised, Jordan laughed and noted his own namesake steakhouse was a few blocks away.

    "You can go get a steak over there," he said.

    http://www.cnbc.com/2015/08/22/supermarket-must-pay-michael-jordan-89-million-for-using-name.html
     
    ARM likes this.
  2. LaserT

    LaserT You have to have fun.

    Reputations:
    90
    Joined:
    May 3, 2013
    Messages:
    20,116
    Likes Received:
    37,159
    I can't believe they used his name without his permission. It's Micahel Jordan's name, they were using. What did they expect??
     
    telecaster, Scarlett Ohara and ARM like this.
  3. dawg

    dawg In The Dog House Staff Member

    Reputations:
    200,671
    Joined:
    Aug 19, 2010
    Messages:
    150,369
    Likes Received:
    142,361
    Really a dumb move, he deserves every penny.
     
    newcastlefan and ARM like this.
  4. ARM

    ARM Well-Known Member

    Reputations:
    3
    Joined:
    May 28, 2012
    Messages:
    14,676
    Likes Received:
    28,708
    So now does Kobe Bryant steal this move from him too and sue for anyone that uses "Kobe' Beef"??
     
  5. LawyerLarry

    LawyerLarry Mr. Fuckmoney in the Bank VIP

    Reputations:
    -44,252
    Joined:
    Jun 4, 2014
    Messages:
    45,374
    Likes Received:
    207,266
    Yeah, I was his lawyer. I got 1/3. All in a day's work.
     
    SalsMasterShake and ARM like this.
  6. Chrisboom

    Chrisboom Well-Known Member Banned User

    Reputations:
    -4,814
    Joined:
    Jan 12, 2014
    Messages:
    3,230
    Likes Received:
    4,893
    They took a gamble...just like Jordan's dad :c
     
    telecaster, Rupert Pupkin and ARM like this.
  7. ARM

    ARM Well-Known Member

    Reputations:
    3
    Joined:
    May 28, 2012
    Messages:
    14,676
    Likes Received:
    28,708
    4.5 million will go to gambling and the other 4.5 to his ex wife(s).
     
    Last edited: Aug 22, 2015
  8. Calloused Shins

    Calloused Shins Well-Known Member

    Reputations:
    44,280
    Joined:
    Oct 17, 2014
    Messages:
    11,777
    Likes Received:
    19,339
    Rumpman? -Jackie's laugh
     
    ARM likes this.
  9. johnfreeman1

    johnfreeman1 Well-Known Member

    Reputations:
    37
    Joined:
    Feb 14, 2015
    Messages:
    4,268
    Likes Received:
    11,372
    fuck kobe
     
    NyMarkNy, telecaster and ARM like this.
  10. Shortwave98

    Shortwave98 Cookies Bitch Banned User

    Reputations:
    0
    Joined:
    Nov 9, 2013
    Messages:
    31,224
    Likes Received:
    31,962
    That was the company I, PiNate and ITOK all used to work for.
     
    ARM likes this.
  11. Biff DiBiase

    Biff DiBiase Philanthropist and accountant at Larry, Inc. Gold

    Reputations:
    493,788
    Joined:
    Oct 4, 2012
    Messages:
    28,437
    Likes Received:
    138,275
    That will cover next weekend's golf game.
     
    telecaster, ARM and LaserT like this.
  12. LaserT

    LaserT You have to have fun.

    Reputations:
    90
    Joined:
    May 3, 2013
    Messages:
    20,116
    Likes Received:
    37,159
    [​IMG]
     
  13. Shortwave98

    Shortwave98 Cookies Bitch Banned User

    Reputations:
    0
    Joined:
    Nov 9, 2013
    Messages:
    31,224
    Likes Received:
    31,962
  14. Biff DiBiase

    Biff DiBiase Philanthropist and accountant at Larry, Inc. Gold

    Reputations:
    493,788
    Joined:
    Oct 4, 2012
    Messages:
    28,437
    Likes Received:
    138,275
    I can't believe that they thought that this wouldn't cause a problem 10 minutes after publication.
     
  15. AmishGirl

    AmishGirl Well-Known Member

    Reputations:
    18,677
    Joined:
    May 12, 2012
    Messages:
    25,570
    Likes Received:
    23,514
    I used to shop at Dominicks all the time when I lived in Chicago; it was great .... :buffet:
     
  16. R.P. McMurphy

    R.P. McMurphy Well-Known Member

    Reputations:
    3
    Joined:
    Jan 22, 2012
    Messages:
    41,562
    Likes Received:
    40,973
    ...i dont think so because of the japanese kobe beef which kobe bryant is named after
     
    ARM likes this.
  17. ARM

    ARM Well-Known Member

    Reputations:
    3
    Joined:
    May 28, 2012
    Messages:
    14,676
    Likes Received:
    28,708
    I know - but in his arrogant MIND - his name came before the beef!
     
    R.P. McMurphy likes this.
  18. zutroy

    zutroy Totally nude. Totally flawless.

    Reputations:
    2,278
    Joined:
    Feb 18, 2015
    Messages:
    2,494
    Likes Received:
    7,969
    Damn. Kind of shits upon all the others. Chuck Nevitt's babysitting of Dennis Rodman should not go unmentioned.
     
    kingship and ARM like this.
  19. R.P. McMurphy

    R.P. McMurphy Well-Known Member

    Reputations:
    3
    Joined:
    Jan 22, 2012
    Messages:
    41,562
    Likes Received:
    40,973
    ...ray rice and other pros taking heat for domestic violence and all kobe ever did was rape a hotel worker in the face. give kobes beef anther chance. :bigcry:
     
    kingship and ARM like this.
  20. ARM

    ARM Well-Known Member

    Reputations:
    3
    Joined:
    May 28, 2012
    Messages:
    14,676
    Likes Received:
    28,708
    He's just the worst - one of my least favorite athletes and people of all time.
     
    R.P. McMurphy likes this.