"Sports Illustrated Owner Sues Energy Drink Mogul for $48.75M Chaos"

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Source: The New York Times
"Sports Illustrated Owner Sues Energy Drink Mogul for $48.75M Chaos"
Photo: The New York Times
TL;DR Summary

Authentic Brands Group, the owner of Sports Illustrated, has filed a lawsuit against energy drinks mogul Manoj Bhargava, alleging that he failed to pay millions of dollars for the rights to publish the magazine. The lawsuit claims that Bhargava and his company owe $48.75 million in missed payments and have infringed on Sports Illustrated’s copyrights and trademarks. This legal battle is the latest development in the ongoing conflict between Authentic Brands Group and Bhargava, whose involvement in the magazine's operations has been tumultuous.

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