Snoop Dogg Suing Pabst Brewery Over Endorsement Deal
Snoop Dogg is reportedly suing the Pabst Brewing Company, claiming he's owed money in the sale of the company.
According to The Hollywood Reporter, the beer company was sold to a group of investors for a deal estimated at $700 million, just months after Snoop's endorsement deal had expired... and he believes he's owed 10% of the sale price.
Snoop's legal team filed the lawsuit in Los Angeles Superior Court on Monday (June 8), citing breach of contract and interference with contractual relations.
The suit cites a clause that reportedly says if the company is sold during the contract, which ran from 2011 to 2014, or up to two years after, he is entitled to "10 percent of the net price of such sale."
Pabst Brewing Company sold a few months after the contract expired in January of 2014.
The brewing company has released the following statement: "Pabst Brewing Company has been under new ownership and new management since November 2014. We have not been contacted by Snoop Dogg or his representatives about this issue. We are investigating the matter and would be happy to talk to Snoop or his representatives to try to get to the bottom of this."