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Sports & Entertainment: Rock Royalties, NIL Lawsuits, and Carmelo’s Cannabis Venture

Welcome back to the Spotlight! With my being glued to the Yankees game, amongst other things, I will be brief here. But hopefully, I have left just enough meat on the bone for you to dig in below.

    • Rock band Limp Bizkit sues record label Universal Music for $200 million in allegedly unpaid royalties. Universal would be forgiven for thinking that the group did not want the money since, by their own admission, they did it all for the nookie.
       
    • Former Ohio State University standout quarterback Terrelle Pryor follows in Reggie Bush’s footsteps with an NIL lawsuit against the NCAA and the Big Ten Conference, seeking to recover a substantial sum from years Pryor. 
       
    • Former NBA star Carmelo Anthony turned entrepreneur reveals his next venture is in the cannabis industry—a fitting endeavor for someone well acquainted with being mellow.

For inquiries and/or unabashed compliments, please feel free to contact me at josh.bloomgarden@foster.com or add me on LinkedIn. 


Endorsement Deals, Sponsorships & Investments

Strauss Gets Sky-High ROI From MLB Playoff Helmet Logos
October 8, 2024 via Sportico
 
Basketball great Carmelo Anthony enters new arena with cannabis brand, mission
October 7, 2024 via Marijuana Business Daily
 
Tyrese Haliburton Reportedly Inks New Endorsement Deal With Puma
October 7, 2024 via Footwear News
 
Man City land blow on Premier League in legal battle over sponsorship deals
October 7, 2024 via The Independent
 


Sports

College athletes are one step closer to pocketing millions of dollars—and they can begin applying for payments this month
October 8, 2024 via Fortune Magazine

Terrelle Pryor sues Ohio State, Big Ten, NCAA and Learfield over NIL
October 4, 2024 via Awful Announcing
 


Music Biz

Limp Bizkit Seeks $200 Million From Universal Music Over Unpaid Royalties
October 8, 2024 via Claims Journal

Why it pays to be a songwriter
October 5, 2024 via Business Mirror
 
Selena Gomez couldn’t afford to go to her first Disney casting—now she’s a billionaire startup founder
October 4, 2024 via CNBC
 
Here’s how AI Is going to change the music industry, according to one of the leaders of Apple’s first foray into music
October 4, 2024 via Fortune Magazine
 


Film & TV

Derek Jeter Launches Company to Grow Hollywood Footprint
October 9, 2024 via Sportico
 
Grasshopper Film Acquires Jem Cohen’s Cosmic ‘Little, Big, And Far’ On Eve Of World Premiere At New York Film Festival
October 4, 2024 via Deadline
 
Sony Pictures Classics acquires TIFF premiere ‘The Penguin Lessons’ for multiple territories | News | Screen
October 4, 2024 via Screen Daily
 
NBA Says TBS No ‘Match’ for Amazon as Legal Row Heats Up
October 4, 2024 via Sportico
 

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The Sports, Arts & Entertainment group at Foster Garvey provides full service legal representation on sports, entertainment and business matters, including handling transactions related to brand management, licensing, joint ventures, venture capital, private equity, technology, the Internet and new media.
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