'The Chicago Sun Times reports that Michael Jordan has reached a settlement with both Dominick's and Jewel-Osco in near identical cases in which the supermarket chains - now both owned by Albertsons - were accused of using Jordan's name without authorization in advertising included in a 2009 limited edition of Sports Illustrated.
Jordan reportedly will donate the entire settlement to Chicago-area charities.
The settlement, according to the Sun Times , "comes three months after Jordan scored a slam-dunk $8.9 million verdict against Dominick’s at the end of a two-week jury trial this summer at the Dirksen Federal Courthouse. A trial in the Jewel case had been set to begin Dec. 8, but U.S. District Judge Gary Feinerman canceled it Friday ... The big-money verdict against Dominick’s created sensational headlines in August. However, neither side would reveal on Sunday the terms of the agreement Jordan struck that now resolves both cases."
Jordan reportedly will donate the entire settlement to Chicago-area charities.
The settlement, according to the Sun Times , "comes three months after Jordan scored a slam-dunk $8.9 million verdict against Dominick’s at the end of a two-week jury trial this summer at the Dirksen Federal Courthouse. A trial in the Jewel case had been set to begin Dec. 8, but U.S. District Judge Gary Feinerman canceled it Friday ... The big-money verdict against Dominick’s created sensational headlines in August. However, neither side would reveal on Sunday the terms of the agreement Jordan struck that now resolves both cases."
- KC's View:
- Win-win-win. The chains get this problem off their plates. Charities get some money. And Jordan makes his point.
