Ice Cube’s BIG3 League Threatened w/ $250 Million Lawsuit
Ice Cube’s BIG3 basketball league may be facing a massive lawsuit. Champions Basketball League (CBL) founder Carl George filed a $250 million lawsuit against the BIG3 in Manhattan Supreme Court. George alleges Ice Cube and BIG3 co-founder Jeff Kwatinetz consulted with members of the CBL and proceeded to lift ideas from the CBL to incorporate into their own league.
George also claims that BIG3 signed players to exclusive contracts that precluded them from playing in another league. In the suit, George’s lawyers wrote,
When certain players expressed their desire to participate in the CBL games, Mr. Cube confronted the players personally about playing in the CBL and threatened the players that they would be fined, not allowed to participate in the 52 percent of revenues bonus pool, or replaced on their teams.
Last month, the CBL was scheduled to start in July before the scheduled launch date was pushed back into August. Upon trimming the league down from 16 to 10 teams, George emailed the CBL’s investors, telling them the season opener was canceled and that the league was,
In the process of filing a significant lawsuit this week.
No additional details about the lawsuit have been released.