23XI statement on not signing Charter agreement

Yikes.
  • China: A significant portion of Jordan shoes are made here, with factories producing high volumes to meet global demand. Most of Nike’s manufacturing partners are located in provinces like Fujian, Guangdong, and Jiangsu.
  • Vietnam: This country has become a major player in Nike’s supply chain, including for Jordan shoes, due to its skilled workforce and favorable production costs. Cities like Ho Chi Minh City and Hanoi host key facilities.
  • Indonesia: Another important location, with factories in areas like Java contributing to the output of Jordan sneakers.
 
NASCAR insists that the plaintiffs could go race with another series therefore a monopoly does not exist within its business structure.

Kessler sees that as an opportunity to make comparisons. We’ll see if the court grants access allowing him to do so.
 
aunty dive said:
We’ll see if the court grants access allowing him to do so.
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I see these as triggering a completely separate round of filings as those other bodies fight disclosing their details, delaying resolution even longer.

Still, anything that pushes this past the Deegan thread is a good thing, I guess.
 
StandOnIt said:
Yikes.
  • China: A significant portion of Jordan shoes are made here, with factories producing high volumes to meet global demand. Most of Nike’s manufacturing partners are located in provinces like Fujian, Guangdong, and Jiangsu.
  • Vietnam: This country has become a major player in Nike’s supply chain, including for Jordan shoes, due to its skilled workforce and favorable production costs. Cities like Ho Chi Minh City and Hanoi host key facilities.
  • Indonesia: Another important location, with factories in areas like Java contributing to the output of Jordan sneakers.
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I suspect if Nike never sold another product associated with Jordan, his lifestyle wouldn't change a bit.

Oh, wait; he wouldn't have to take time away from the golf course to fulfill personal services requirements.

Considering how much some of those shoe models sell for versus what I suspect Nike pays for them, there's probably a huge profit margin involved. Nike can afford to suck up -some- of the increase. And there could be opportunities for fentanyl smugglers to switch to bringing shoes through Mexico.
 
Stupidest thing ever. Hey, we want you to open your books for us. I know you are in the entertainment business and are all competing for TV and sponsor dollars but nobody should mind if we bring all of the info to court...nobody will find out. Oh and by the way, can we see what is in your wallet?
 
StandOnIt said:
Stupidest thing ever. Hey, we want you to open your books for us. I know you are in the entertainment business and are all competing for TV and sponsor dollars but nobody should mind if we bring all of the info to court...nobody will find out. Oh and by the way, can we see what is in your wallet?
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Because you were a world class athlete, name recognition everywhere and a very large tennis shoe/sport shoe company offers you a cut of the pie if they can put your name on some of their shoes, it doesn't take a whole lot of brain power to say yes to that paycheck. jus sayin. Jordon earned that from athletics. I don't know if Jordon had the same guy in his ear when he owned his failed b'ball franchise? IDK about any of that but some click baits are saying worst owner ever? If it's the same guy I'd be wondering what in the hell have we gotten into now. lol.
 
aunty dive said:
Jeffrey Kessler doesn’t have to take flaky cases for flaky clients.
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Lawyers get paid from deep pocket clients on either side if they win or they lose right? They make more if they go to court and are involved in the lawsuits of almost everybody in the sports business frivolous or not lol.
 
StandOnIt said:
Lawyers get paid from deep pocket clients on either side if they win or they lose right? They make more if they go to court and are involved in the lawsuits of almost everybody in the sports business frivolous or not lol.
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Lose too many and the other clients will go elsewhere.
 
StandOnIt said:
Because you were a world class athlete, name recognition everywhere and a very large tennis shoe/sport shoe company offers you a cut of the pie if they can put your name on some of their shoes, it doesn't take a whole lot of brain power to say yes to that paycheck. jus sayin. Jordon earned that from athletics. I don't know if Jordon had the same guy in his ear when he owned his failed b'ball franchise? IDK about any of that but some click baits are saying worst owner ever? If it's the same guy I'd be wondering what in the hell have we gotten into now. lol.
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Check out Curtis Polk. He has been in Jordan’s ear and organization for a long time, now co-owner of 23XI. Brief bio:

“He is a Sports Agent and Executive Vice-President with SFX Entertainment in Beverly Hills, California. It represents Michael Jordan, Patrick Ewing, and Juwan Howard among many other recognized names in sports. Polk helped create Falk Associates Management Enterprises in 1992. In 1996, he negotiated four of the NBA’s five highest-paying contracts of the time. When Michael Jordan owned the NBA Charlotte Hornets, Curtis Polk was the team’s vice chairman. Polk reworked Jordan’s relationship with Nike after Jordan retired from playing. He convinced the brand of Jordan’s power as an endorser despite having his own shoe brand.”

No doubt he’s part of the cabal trying to reengineer NASCAR into a “sports league” like the NBA, while fleecing them for franchise rights and BIG money.

Their issuing of subpoenas to the NFL, INDYCAR, etc, wanting confidential info to try and make their weak case, is legally LAUGHABLE.
 
Charlie Spencer said:
Not over a single case. I wouldn't make a habit of taking cases with limited potential.
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I'm sorry, I haven't been following the lawyers careers in these cases, I could care less, I know both sides are more then competent. What I do see from my untrained legal eye is something that isn't going to happen and that is attempting the government to force open the books from organizations that aren't involved in this suit. The oh so in so is a good lawyer and he doesn't accept cases he could lose isn't going to cut it lol. This goes in the WTF drawer in my world. Frankly it looks like desperation to me.
 
Conover said:
Check out Curtis Polk. He has been in Jordan’s ear and organization for a long time, now co-owner of 23XI. Brief bio:

“He is a Sports Agent and Executive Vice-President with SFX Entertainment in Beverly Hills, California. It represents Michael Jordan, Patrick Ewing, and Juwan Howard among many other recognized names in sports. Polk helped create Falk Associates Management Enterprises in 1992. In 1996, he negotiated four of the NBA’s five highest-paying contracts of the time. When Michael Jordan owned the NBA Charlotte Hornets, Curtis Polk was the team’s vice chairman. Polk reworked Jordan’s relationship with Nike after Jordan retired from playing. He convinced the brand of Jordan’s power as an endorser despite having his own shoe brand.”

No doubt he’s part of the cabal trying to reengineer NASCAR into a “sports league” like the NBA, while fleecing them for franchise rights and BIG money.

Their issuing of subpoenas to the NFL, INDYCAR, etc, wanting confidential info to try and make their weak case, is legally LAUGHABLE.
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Yeah I didn't name names, but yeah this guy lol.
 
StandOnIt said:
I'm sorry, I haven't been following the lawyers careers in these cases, I could care less,
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Ditto, but their other clients pay attention.
StandOnIt said:
What I do see from my untrained legal eye is something that isn't going to happen and that is attempting the government to force open the books from organizations that aren't involved in this suit.
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Agreed.
 
Charlie Spencer said:
Not over a single case. I wouldn't make a habit of taking cases with limited potential.
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Neither does Kessler. He thinks he can win. His success rate is a matter of public record.

Jordan, Polk, Hamlin and Taco Belle Bob are not the defendants in this case, contrary to the personalized tone of many of the posts in this thread.

Do NASCAR’s business practices contravene antitrust laws or do they not? Sooner or later, we (and they) will find out.
 
Interesting factoid.

The new “Cadillac” F1 team set to debut in 2026 paid a $450 Million fee for the right to put 2 cars on the grid. That’s a lotta’ Nikes.
 
aunty dive said:
Neither does Kessler. He thinks he can win. His success rate is a matter of public record.

Jordan, Polk, Hamlin and Taco Belle Bob are not the defendants in this case, contrary to the personalized tone of many of the posts in this thread.

Do NASCAR’s business practices contravene antitrust laws or do they not? Sooner or later, we (and they) will find out.
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I don't care who the defendants are. Pissing off F-1, IndyCar and the NFL at the same time I wouldn't call it a brilliant move.
 
Why would the plaintiffs care if F1, Indycar and the NFL are unhappy with them?

They have a case to make, personalities and sentiment don’t play into that.
 
aunty dive said:
Why would the plaintiffs care if F1, Indycar and the NFL are unhappy with them?

They have a case to make, personalities and sentiment don’t play into that.
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Connections are everything in motorsports. It's a small world. Costing them money for nothing isn't going to help them going forward.
 
Charlie Spencer said:
I'm sure Roger is ecstatic. -IF- he was passively pulling for them as a Cup owner, that's out the window now.
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Are you kidding me lol. Penske was all for the Frances and the Smith's buying out the stock holders so their businesses would be able to easily react to other business opportunities. He said so publicly. Penske recently was talking about a charter system for Indy. I don't know if he went thru with it or not.
 
StandOnIt said:
Penske was all for the Frances and the Smith's buying out the stock holders so their businesses would be able to easily react to other business opportunities.
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Thanks, I missed that.
StandOnIt said:
Penske recently was talking about a charter system for Indy. I don't know if he went thru with it or not.
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He did. Maybe if I was awake, I'd have remembered that and realized if Roger had implemented one, he wouldn't be supporting a lawsuit regarding NASCAR's.

www.indycar.com

INDYCAR Charter System Q&A

New charter system generates immediate value for team owners and their entries.
www.indycar.com www.indycar.com
 
Charlie Spencer said:
Thanks, I missed that.

He did. Maybe if I was awake, I'd have remembered that and realized if Roger had implemented one, he wouldn't be supporting a lawsuit regarding NASCAR's.

www.indycar.com

INDYCAR Charter System Q&A

New charter system generates immediate value for team owners and their entries.
www.indycar.com www.indycar.com
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Yeah I knew that IndyCar was talking about a charter system, but I haven't been keeping up with it. Penske is pretty close with the France's, has been over the years, but too many cooks in the kitchen for Penske over there, he had to do his thing.
 
StandOnIt said:
Lawyers get paid from deep pocket clients on either side if they win or they lose right? They make more if they go to court and are involved in the lawsuits of almost everybody in the sports business frivolous or not lol.
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A good lawyer doesn't take a case they don't feel they can win. The selection process is what makes them a good lawyer. This guy isn't in it for esses and gees.
 
Whizzer said:
A good lawyer doesn't take a case they don't feel they can win. The selection process is what makes them a good lawyer. This guy isn't in it for esses and gees.
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Knowing all of that, you think the other side took it because they thought they were going to lose? This is nonsense my lawyer is better than your lawyer at this level. This isn't an ARCA driver going against a Cup driver.
 
Whizzer said:
A good lawyer doesn't take a case they don't feel they can win. The selection process is what makes them a good lawyer. This guy isn't in it for esses and gees.
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Lawyers accept cases every day regardless of the premise. The ones you’re thinking about are the ambulance chasers, the Morgan & Morgan’s who only get their fees if they win a judgement. Kessler and his firm are paid via retainer and hourly for each service rendered by the staff. Big famous wealthy clients got money? Hell yes he took their case $$$$!
 
Conover said:
Lawyers accept cases every day regardless of the premise. The ones you’re thinking about are the ambulance chasers, the Morgan & Morgan’s who only get their fees if they win a judgement. Kessler and his firm are paid via retainer and hourly for each service rendered by the staff. Big famous wealthy clients got money? Hell yes he took their case $$$$!
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and the meter is running on both sides.
I wonder how much it cost for filing suits against the NFL, F-1, and IndyCar? Trying to get into their books so they can cherry pick? Oh look, F-1 charges this and Indycar charges that lol and look at Nascar they charge this. ridiculous.
 
Conover said:
Lawyers accept cases every day regardless of the premise. The ones you’re thinking about are the ambulance chasers, the Morgan & Morgan’s who only get their fees if they win a judgement. Kessler and his firm are paid via retainer and hourly for each service rendered by the staff. Big famous wealthy clients got money? Hell yes he took their case $$$$!
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I was not thinking of Morgan& Morgan . It goes to a higher level of competence in court room accomplishments other than settling out of court.

Law firms with solid credentials and a history of winning do not take legal action in cases they deem unwindable regardless of retainers. YMMV.
 
Whizzer said:
I was not thinking of Morgan& Morgan . It goes to a higher level of competence in court room accomplishments other than settling out of court.

Law firms with solid credentials and a history of winning do not take legal action in cases they deem unwindable regardless of retainers. YMMV.
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In that case we have two law firms that took the case because they thought they could win it. What is the point?
 
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