Snoop Dogg sues beer-maker Pabst for millions of dollars | Welcome to Linda Ikeji's Blog

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Wednesday, 10 June 2015

Snoop Dogg sues beer-maker Pabst for millions of dollars

In 2011, 43-year old Snoop Dogg, real name Calvin Broadus Jr  signed a three-year deal to be the face of Blast, a fruit-flavoured drink that was part of Pabst's Colt 45 malt beer range.
Under the terms of the agreement he was paid around $250,000 and further instalments of $20,000 for every tenth mention of the brand on social media, at concerts or during TV appearances.

But he believed his contract also entitles him to a portion of the sale price should Pabst sell the business before January 2016, as well as royalties on each case of Blast that was sold.

Consequently he is seeking 10 per cent of the net sales price paid to Pabst for its Colt 45 malt beer line, which was included in last year's sale to beer entrepreneur Eugene Kashper and an investment firm, so he is suing American beer company Pabst, claiming he is owed money from its sale last year.
Pabst wrote in a statement that it had not been contacted by Snoop Dogg or his representatives about the proceeds and cited the company's new management.
'We are investigating the matter and would be happy to talk to Snoop or his representatives to try to get to the bottom of this,' the statement said.
The lawsuit states Pabst told the rapper that the sale didn't trigger the clause entitling him to sale proceeds.
The deal to sell Pabst to Kashper and San Francisco-based TSG Consumer Partners LLC was finalized in November.
No purchase price was announced, but the lawsuit filed by the rapper's attorney, Alex Weingarten, states Pabst was reportedly sold for $700 million. It is unclear how much of the sale price was for the Colt 45 line of beers.
Culled from Daily mail.

45 comments:

  1. Hmm. Good for him

    ReplyDelete
    Replies
    1. Oh! Good for him, and I wish him well. I pray he win d case.

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    2. Linda have u seen d vanity cover for snoop dogg?

      Delete
    3. Rihanna's BBHMM is working


      OKORO UPGRADED**

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    4. Story for u.
      Win 1500 airtime @
      www.9istnaija.com

      Delete
  2. There is a bridge in contract. He should be paid.








    Busy Fingers.

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    Replies
    1. Stamford bridge or Third mainland bridge?

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    2. #breach not bridge

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    3. Not only bridge, gateway nko? Funny you

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    4. No be only bridge, Wat of expressway? LMFAO

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    5. Olodo, it's breach...not eko or thirdmainland bridge...use ur Google b4 commenting... tnk me later... :p*tongue out*

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    6. 3rd Mainland Bridge abi

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    7. It's breech not bridge! Use ur dictionary

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    8. Breach of contract.... No be 'bridge' .... Make Julius Berger no sue tooo

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    9. Anon 4:06 u sef b olodo.....kettle calling pot black. Fyi its breach not breech! Thank me now!

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  3. Replies
    1. U dam right....frm d lady next door.

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  4. Smelling rich+ness








    #ITwillONLYgetBETTER
    #itMUSTendINpraise

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  5. SEEN,...TOMJERRYSWIT

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  6. Doggy is as high asf...that's weed talking.
    Meanwhile, that's Snoop's probs not mine.

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  7. Linda dat iz diers, make e beta for dem..."Like d 1st day of january sori am new here(NewYear)... LindaBringDrinkBiko #Lol

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  8. Hi Snoop.
    Go get ur money Cousin.

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  9. he might get some percentages, if they actually made any sales. trust their judges.

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  10. He will win?
    Don't know for him
    So, its whatever

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  11. Its all about what was written in the agreement. They should simply pull it out and solve the issue from there

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  12. a.k.a EDWIN CHINEDU AZUBUKO said..
    .
    There business shah....
    .
    .
    ***CURRENTLY IN JUPITER***

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  13. All the best to him. Linda take note!

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  14. All the best to him. Linda take note!

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  15. He's hitting the jackpot

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  16. From where I am standing he is not entitled to nothing.

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  17. Linda "Soouth African hater" Ikeji

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  18. Ukwuamaka, its *breach* no "bridge"

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  19. HIS STIL EXISTING...MAN DONE BROKE CHAIII!

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  20. if snoop has a good evidence then he is good to go... Relationship Tips

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Disclaimer: Opinions expressed in comments are those of the comment writers alone and does not reflect or represent the views of Linda Ikeji.

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