NBA sued for $1.25M in missed rent on NY store

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NBA Media Ventures is being sued by a landlord who alleges the league has failed to pay $1.25 million in rent on its store on New York’s Fifth Avenue during the coronavirus pandemic.

The suit was filed Tuesday in U.S. District Court in New York by a plaintiff identified as 535-545 Fee LLC, which has leased the retail space to NBA Media Ventures LLC for its NBA Store since November 2014.

The rent at the store is $7.5 million per year, or $625,000 per month, the suit says, and NBA Media Ventures did not pay rent for April and May, when the store was closed.

“Like other retail stores on Fifth Avenue in New York City, the NBA Store was required to close as a result of the coronavirus pandemic,” NBA chief communications officer Mike Bass said in a statement Wednesday. “Under those circumstances, we don’t believe these claims have any merit. We have attempted, and will continue to attempt, to work directly with our landlord to resolve this matter in a manner that is fair to all parties.”

The suit seeks $1,257,412.96, as well as $20,000 in legal fees.

ESPN’s Tim Bontemps contributed to this report.



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