Chad Ocho Cinco jersey switch will leave him owing Reebok $4 million?

(2 posts)
Topics: NFL
by Daba
18049 Posts
Ready to get things pooping
10 months ago
3 years, 5 months ago

 

Don't expect to see Chad Johnson Ocho Cinco wearing his new name on a jersey anytime soon. CNBC's Darren Rovell reports on his blog that the former Mr. Johnson would be forced to buy out the stock of the 100,000 remaining "C. Johnson" jerseys before making the switch to "Ocho Cinco". If Reebok asked Ocho Cinco to pay for the cost of making the unsold jerseys, the total could reach upwards of $4 million (or $50 million pesos).

 

Because Johnson changed his name so close to the start of the season, Reebok was left in a bind since they'd have to produce new jerseys and eat the old ones. That's why the NFL has told Johnson he'd have to reimburse the company for the price of the jerseys. ....

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http://sports.yahoo.com/nfl/blog/shutdown_corner/post/It-ll-cost-mucho-dinero-for-Chad-Ochocinco-to-sw?urn=nfl,106605

 

 

 

by Mike
1193 Posts
loves prefix
2 years, 9 months ago
3 years, 5 months ago
The thing that confuses me about this is the NFL telling him he'd have to reimburse reebok instead of reebok saying it. The NFL has to be one of the most corrupt organizations. 

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