Jay-Z and the NBA may have to delve deep into their huge respective wealths if one man has his way.
A New York native has filed a lawsuit asking for a trial regarding the matter of the Brooklyn Nets trademark - and both the NBA and the rapper have been named as defendants.
Dr. Francois de Cassagnol is arguing that he came up with the name long before the team arrived in Brooklyn, and believes he has the documentation to prove it.
Documents do indeed show, according to radaronline.com, that de Cassagnol filed applications in 2012 for "The Brooklyn Nets entertainment Logo" which he had first used back in 2003.
De Cassagnol is claiming that he even held discussions with the New Jersey Nets and the NBA in 2012, and was assured by the organization that the franchise would most likely use the "New York Nets" term for the new brand.
This he claims was:
"Pure mismanagement of the facts."
Jay-Z previously had shares in the Nets NBA franchise before selling them in order to avoid a conflict of interests when starting Roc Nation Sports, and it is his one time affiliation with the team that has led to him being named in the case.