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Monday, April 6, 2009

S.F. Impresario Claims Partner In Exhibiting Pro Basketball Games Ripped Him Off for $124K. NBA Action -- It's Faaaantastic!

Posted By on Mon, Apr 6, 2009 at 6:00 AM

click to enlarge Basketball can be beautiful -- but not when your buddies are (allegedly) bilking you out of hundreds of thousands of dollars
  • Basketball can be beautiful -- but not when your buddies are (allegedly) bilking you out of hundreds of thousands of dollars
In a case that we will refrain from spicing up with any references to whistles for hard fouls, the Palace at Auburn Hills Melee, or any other NBA basketball arcana, a local man has filed suit in San Francisco superior court claiming his business partner owes him nearly $124,000 following their joint venture of putting on preseason NBA basketball games.

San Franciscan Eric Banner last week filed suit against Tim Johnson and his company, Pentacorp, claiming the defendant never paid him the money he's due for staging five NBA exhibitions. After an initial investment of $10,000 and a $5,000 profit, Banner opted to roll his expenditure into additional investments in staging NBA games -- a move, in retrospect, that turned out as well as John Starks' dry-shooting spree in Game 7 of the 1994 Finals (Whoops! Basketball reference -- won't happen again).

Banner claims he gave Johnson more than $118,000 to hold four more NBA

preseason games in locales around the nation with an agreement that

he'd take home 25 percent of the gross profits. Yet the plaintiff

claims Johnson has held onto this money for years with the tenacity of Bill Russell guarding the lane (Shit! Sorry.).

The defendant is now calling for his $123,696.98 -- roughly as much

money as LeBron James earns for every three quarters of regular season

basketball he plays. 

Photo   |   Laffy4K

H/T   |   Courthouse News

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About The Author

Joe Eskenazi

Joe Eskenazi

Bio:
Joe Eskenazi was born in San Francisco, raised in the Bay Area, and attended U.C. Berkeley. He never left. "Your humble narrator" was a staff writer and columnist for SF Weekly from 2007 to 2015. He resides in the Excelsior with his wife, 4.3 miles from his birthplace and 5,474 from hers.

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