Flo Rida awarded $82.6 million in Celsius energy drink lawsuit
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Flo Rida awarded $82.6m in lawsuit over Celsius energy drinks…which he claims hid finances from him
- The rapper, 43, was awarded a sum by the jury following a trial for agreement
- He originally filed the lawsuit in May 2021 for a 2014 contract
- He initially claimed he owed $30,000 for the breach of the agreement, but the sum swelled as the company’s fortunes grew.
Flo Rida was awarded $82.6 million by a jury in Broward County, Florida on Wednesday in his broken contact lawsuit against energy drink maker Celsius, which he says tried to conceal from him revenues.
The 43-year-old rapper originally filed a lawsuit in May 2021, claiming the beverage company’s parent company, Celsius Holdings Inc., broke previously agreed terms of a 2014 deal, TMZ reported.
The Carol City, Florida native, whose real name is Tramar Dillard, initially claimed he owed $30,000 for the breach of the agreement, but the sum swelled as the fortune of the business was growing.
The latest: Flo Rida, 43, was awarded $82.6 million by a jury in Broward County, Florida on Wednesday in her broken contact lawsuit against the energy drink maker Celsius. Photographed last month in Fort Lauderdale, Florida
He told the PA“Basically, I was a part of building this company, and all we were looking for was people we could trust who acted like they were part of the family. And then when it comes to success today, they just forgot about me.
Lawyers for the beverage company said its success came after the sponsorship deal was struck with artist Right Round and was attributable to other factors involving the company.
The company always has the possibility of appealing the verdict rendered by the jury.
Flo Rida’s attorney, John Uustal, says the Whistle entertainer was willing to take a 1% stake in the business he was originally promised, instead of the $82.6 million awarded by the jury .
The rapper was pictured in court on Tuesday amid the case against the energy drink maker
The Right Round artist was seen performing at a Denver Broncos halftime show in 2021
Flo Rida’s attorney, John Uustal, says the Whistle entertainer was willing to take a 1% stake in the business he was originally promised, instead of the $82.6 million awarded by the jury .
Flo Rida “loved the product, and it was a very successful four-year relationship,” Uustal said. “There were landmarks. He was supposed to stock up when certain things happened. And there was a dispute over whether those benchmarks had been met. So that was what it was about.
Flo Rida said he appreciates the products and remains a shareholder in the organization, which he would be willing to work with in the future.
“I still own the business,” Dillard said, the AP reported. “And when you’ve basically planted the seed of something successful, you can’t help but have unconditional love.”