Demetrius Andrade sues Roc Nation Sports, seeks $550K

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According to ESPN:

Former junior middleweight titlist Demetrius Andrade has filed a lawsuit against Roc Nation Sports in New York Supreme Court, accusing rap star Jay Z’s promotional company of reneging on a promise to pay him $550,000.

Andrade, who also named longtime boxing attorney and former Roc Nation consultant Jeff Fried in the suit filed July 31, claims that Roc Nation Sports, which was interested in buying his promotional contract from co-promoters Joe DeGuardia’s Star Boxing and Artie Pelullo’s Banner Promotions, promised him the money if he refused to take part in a title defense arranged by DeGuardia and Pelullo. They had negotiated an agreement for Andrade to defend his 154-pound world title against Jermell Charlo on Dec. 13, on a Showtime-televised card at the MGM Grand in Las Vegas. His purse would have been $550,000, and the fight would have been the first on a three-fight deal they negotiated with the network.

Roc Nation Sports spokesman Ron Berkowitz said the company had no comment