NBA star Giannis Antetokounmpo has reached a settlement in the federal lawsuit he brought against a sports company using his nickname without permission.
According to court documents obtained by The Blast, Giannis has informed the court he hashed out a deal with a company named Southside Throwbacks.
The NBA star sued Southside Throwbacks accusing them of using his “Greek Freak” nickname on their products without his permission or paying a dime. The company quickly started working with Giannis to resolve the legal battle.
Per the court documents, the parties reached a confidential settlement which will dismiss the case. The deal states, “the parties are interested in resolving the issues alleged in the complaint in this action, and have negotiated in good faith for that purpose.”
Giannis says the defendant now admit he owns the trademarks for his name. It states, “Defendants recognize the validity of Plaintiff’s trademarks and concede to Defendants infringement of such trademarks.”
The NBA star says, “Any and all of the claims for damages by Plaintiff are the subject of this action or otherwise arise out of any of the incidents alleged in the Complaint are herby settled against the named Defendants, for monetary consideration, in full satisfaction of all claims for damages.”
As The Blast first reported, earlier this year, Giannis filed a $2 million lawsuit against Southside Throwbacks, Daniel Kosiek and Daniel Corcoran.
The federal lawsuit accused the defendants of trademark infringement, counterfeiting of his trademark, trademark dilution, deceptive acts and practices and multiple other claims. He accused the company of selling merchandise, t-shirts and tank tops featuring “Greek Freak”. He sued seeking damages plus an injunction prohibiting the company from using his name.