Jay Z is being accused of luring world champion boxer Demetrius Andrade to Roc Nation by Bronx-based promoter Joe DeGuardia of Star Boxing and Artie Pelullo of Banner Promotions, who filed a $20 million lawsuit against the rapper on Wednesday in New York State Supreme court.
DeGuardia and Pelullo claim that Roc Nation offered Andrade $550,000 to reject a Showtime negotiated fight, with promises that they would also buy out his contract and become his promoter. Both men claim that Roc Nation never followed through on their offers to Andrade.
The NY Daily News obtained the court documents which read, "Roc Nation's promise to Andrade was made under false pretenses, namely, that Roc Nation was negotiating to purchase Andrade's contract from the promoters and thereafter would negotiate a more lucrative bout for Andrade on HBO," the lawsuit says. "Ultimately, Andrade agreed to Roc Nation's false inducements and spurned the professional boxing match the promoters had negotiated with Showtime."
Roc Nation has yet to respond to the lawsuit.
Source: NY Daily News
