Ice Cube is reportedly suing three Persian Gulf investors for $1.2 billion, according to The Washington Post. In the lawsuit — filed Thursday (April 5) in Los Angeles Superior Court — the West Coast gangsta rap vet claims the trio tried to take control of his BIG3 basketball league even after they failed to fully fund it.
The investors, who are connected to Qatar’s royal family, only came through with $20.5 million of their initial commitment.
According to the suit, without the proper funding, the league’s 3-on-3 basketball games have struggled to get “to the professional setting of NBA-style arenas and broadcast games.”
The suit also reportedly states, “These members and associates of the royal family made excuse after excuse for not paying, all of which is documented in text messages and emails. The blame for their failure to fund the millions they owed the BIG3 ran the gamut from their ‘sinuses,’ ‘hiking,’ it being a ‘long day bro,’ and to bad press regarding Qatar associations with alleged funding of terrorism.”
Cube told The Washington Post, “It’s like, goddamn, man, we’re the newest, smallest thing with one season under our belt. Go after the big boys. That’s what this is more about. It’s like we’re going to tell the world what you tried to do. We ain’t no punks. They thought we was just this rapper and this rock guy: ‘We could do ’em.’ Get your [butt] out of here.”
The Washington Post also quoted a spokesman for the investors who dismissed the suit as a “blatantly false and malicious fabrication.”
Attorney Mark Geragos, who’s also a Big3 investor, is handling the case for Cube and co-founder Jeff Kwatinetz.
BIG3 was founded in December 2016 and boasts five dozen former NBA players, including all-stars and Hall of Famers. Basketball legends such as Allen Iverson, Julius Erving, Gary Payton and Ron Artest have signed up to play and/or coach.[apple_news_ad type=”any”]
I haven’t seen a Big 3 game since it started last year. Is it worth a watch?
Hell no, and I seen a game LIVE! That shit was a waste of an hour of my life. Players half trying, goofing off. Felt like I was at a Harlem globetrotter game. A.I the face of the league didn’t even show up!
prolly drunk
Those Arabs can be grimey n foul. dont sign just cause they waving that oil money
Fuck u donkey man
That ain’t gangsta..
This was a HORRIBLE idea and Investment… What were they thinking? SMH
Wtf you talkin about horrible investment the first season was great for what they had. It did really well an the games were all competitive. Look at who all signed up for this upcoming season… Smh u have not a clue what ur talking about
Probably should have went with your brilliant idea huh?
Becareful cube. Royal families can be dangerous. Connect gang fo life tho.
A billion to them ain’t shit anyway. They’d make it back in a matter of weeks with a few pennies added per gallon of gas.
Top 5 DOA.
Also Top 5 worst business idea I ever heard
Im sorry but who wsnts to watch washed up players play non competitive basketball. 3 on 3 half court at that. Not a good bussiness idea ice cube
Brother Cube. Investors not fullfilling their contractual obligations is serious business. We’ll pray they come through. You have the funding to take it the the Supreme Justice league. Hopefully, that issue will self correct, you get your contractual funding.. Then the Suits? Drop it like it’s hot. ✌