Shaquille O’Neal had an amusing interaction with Stephen Curry in the midst of their legal troubles due to the FTX lawsuit. As we all know, both Curry and O’Neal are widely renowned as NBA legends and have most certainly changes the game through their transcendental playstyles.
They are also two of the richest athletes that the league has produced. Although they earned a lot of money through their play on the court, advertising or promoting other products and services has made them even more money.
However, things have clearly gone wrong for them with the pending lawsuit against FTX. Let us take a closer look at the ongoing situation and also find out more about their interaction on the subject.
Why are Shaquille O’Neal and Stephen Curry being sued?
To those who might not be aware of what is going on, Steph, Shaq, and several other prominent athletes or celebrities are being sued as defendants in a class action lawsuit estimated to cost them around $5 billion. All for promoting a cryptocurrency exchange fund called FTX.
FTX ended up losing the general public’s money and soon declared bankruptcy, enraging them. Since O’Neal and others promoted it, they are also being held liable or accountable for this entire ordeal. This is despite the fact that they had no way of knowing that they were promoting an organization that was going to fail in the near future.
3. Shaquille O’Neal sponsorship
Shaq, who appeared in an FTX commercial in June, described himself as just a “paid spokesperson.” FTX US paid Shaq’s firm $2.5 million, according to court documents obtained by Insider. pic.twitter.com/efey2MFdbV
— Morning Brew ☕️ (@MorningBrew) May 8, 2023
In any case, Shaq had been avoiding a legal team that was given the responsibility of handing him his documents. He was on air with the GSW star and made a joke about the ongoing situation only a few hours before he was finally given the legal documents. Here is what Shaq said during their interaction.
“You’re my favorite player I just wanna say congratulations my brother and thanks for getting me in trouble don’t say nothing be quiet.”
FTX?? pic.twitter.com/sdZr0LISWM
— Rob Perez (@WorldWideWob) May 24, 2023
Fans who are looking for more context should know that Curry was recently awarded the Kareem Abdul-Jabbar Social Justice Champion Award due to his positive impact on society. There have also been notions floating around that he was the one who encouraged Shaq to advertise FTX alongside himself.
Hence Shaq’s subtle message to him was not missed by Curry who burst out laughing after having heard it. We hope that both NBA legends are able to come out of this lawsuit without undergoing too much financial damage.