According to a TMZ post, Iconix says it paid Jay Z $204 million dollars for the logo, which gives them full control over where it appears especially when it comes to merchandise.
The company claims they never approved on the logo appearing on MLB products including hats, shirts, hoodies etc... and are now suing Hov, MLB, Roc Nation, New Era, LIDS and the San Francisco Giants for at least $10 million and damages for using the logo without their permission.
In more Jay Z news, the Brooklyn rapper and his platinum selling protégé: J. Cole are the headliners for this year's Made In America festival.
The music festival taking place in Philadelphia on Sept 2- Sept 3rd will feature appearances from Pusha T, Solange, Run The Jewels, DMX, Vic Mensa, Migos, Wizkid, DJ Mustard 21 Savage and much more.
Tickets for the festival are available over at Ticket master. If you're a TIDAL user, go here for a pre-sale ticket.
Jay Z Sued For Using Roc Nation Logo On MLB Apparel Reviewed by MoneyTalks Ent,Business on 3:19:00 PM Rating: