The gloves have come off.
Page Six learned that Brooklyn Nets star James Harden fired legal letters to get back $ 2 million invested in a bizarre boxing tournament where TikTok stars compete against YouTube stars in the ring. And he wants another $ 400,000 that he says has been promised profits.
YouTube superstar Austin McBroom organized the “Social Gloves: Battle of the Platforms” event, in which he boxed the TikToker Bryce Hall as the main event. Meanwhile, other social stars like Tayler Holder, Vinnie Hacker and Deji got to work, and there were performances by big-name stars like DJ Khaled, Migos and Lil Baby.
But last month, Billboard reported that the event was a financial “flop” that lost around $ 10 million. According to the trade, Hall alone was promised $ 5 million for participating in the fight.
Now we learn that the lawyers for nine-time All-Star Harden have released a spate of legal letters demanding his money back – and more.
According to one of the letters Page Six saw, Harden’s attorneys believe he is owed about $ 2.4 million.
Austin McBroom at his boxing event “Social Gloves”.Getty Images
Meanwhile, Holder filed an infringement lawsuit against McBroom’s company on Thursday, claiming he was promised $ 2 million to fight British YouTuber Gib at the June event at the Hard Rock Arena in Miami.
Holder claims he has only received $ 85,000 to date, according to court records that Page Six has reviewed.
The lawsuit alleges that McBroom’s Simply Greatness Productions expected millions of pay-per-view customers to tune in to the fight festival – in fact, McBroom expected 10,000,000 pay-per-view buyers, according to an investor deck included in Holder’s lawsuit which makes it the “biggest pay-per-view event in history”. But only 136,000 fans paid the $ 50 to watch.
It looks like it might be a struggle for Harden or Holder to raise the money. While the deck estimated the event would raise nearly half a billion dollars, the lawsuit states that Simply Greatness Production recently sent letters to creditors stating, “Given the event’s apparent underperformance, our firm was hired To represent SGP in connection “. either with a settlement of the claims of all of its creditors or, if a settlement is not feasible, a probable bankruptcy petition. “
The representatives from Harden did not contact us.
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