Remember that weird Youtuber vs. Tiktoker boxing event from a few weeks ago? Well it looks like James Harden allegedly lost millions investing in the alleged scam!
Page Six is reporting that Brooklyn Nets star James Harden has fired off legal letters demanding to return money in an attempt to recoup $2 million that he invested in event. Harden allegedly also wants another $400,000 that he claims he was promised in profits.
YouTuber, Austin McBroom, organized the “Social Gloves: Battle of the Platforms” event. The "celebrity" boxing match which saw him box TikToker Bryce Hall as the main event. Other social media stars were also present including Tayler Holder, Vinnie Hacker and Deji went at it. The event also had performances by popular entertainers including DJ Khaled, Migos and Lil Baby.
Billboard previously reported the event was a financial “flop” that lost around $10 million. Allegedly, Hall alone was promised $5 million to take part in the fight.
Now Page Six is reporting Harden's attorneys have fired off a barrage of legal letters demanding that he get his money back — and then some.
Also, on Thursday, Holder filed a breach of contract suit against McBroom’s company, claiming that he was promised $2 million to fight British YouTuber Gib at the June event. Allegedly, Holder claims he’s only been paid just $85,000 so far.
The lawsuit claims that McBroom’s company, Simply Greatness Productions, expected millions of pay-per-view customers to tune in for the fight fest. Allegedly, according to an investor deck included in Holder’s suit, McBroom expected 10,000,000 pay-per-view buyers, making it “the biggest pay-per-view event in history.” But only 136,000 fans paid the $50 to watch.
When he saw the expected 10 million PPV buyers, he should have known it was a scam, allegedly! I believe the current PPV buyer record is 5 million!