Ice Cube’s BIG3 basketball league is reportedly up against a $250 million lawsuit.
Per the New York Daily News. fellow 3-on-3 league, The Champion Basketball League (CBL), has accused Cube and the BIG3 of stealing its proprietary ideas.
The lawsuit, filed by CBL founder Carl George at the Manhattan Supreme Court on Friday, September 1, claims Cube and his BIG3’s co-founder Jeff Kwatinetz only made acquaintance with the CBL players so they could steal the league’s ideas after CBL’s 2014 launch.
The BIG3 and the CBL were initially partners, with the goal of creating a symbiotic business startup that could eventually compete directly with the NBA.
CBL reportedly recruited more than 20 players, but did not to require them to sign exclusive contracts, allowing them to play in the BIG3. According to the suit, Cube and Kwatinetz subsequently signed those same players to exclusive contracts instead, and allegedly were aware of the crooked game they were playing.
Court documents also state, “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. These threats were also shared with the CBL.”
The BIG3 championship was held August 25, with Trilogy defeating the 3-Headed Monsters at the MGM Grand Garden Arena in Las Vegas.
Cube and the BIG3 have not yet replied publicly to the lawsuit.