Hey, there's a headline I never thought I'd write. But yes, Jay-Z, who sued David Ortiz for $5 million back in April, claiming the Red Sox slugger stole the name of his 40/40 Club, has decided to settle, according to his lawyer.â†µ
"The case has been settled in principle," said attorney Peter Raymond. "We have agreed on the outlines of a settlement and need to reduce it to writing."â†µ
The dispute began when Ortiz, after (allegedly) visiting Jay's 40/40 Club in New York City (one of eight locations), (allegedly) opened his own club in the Dominican Republic and named it ... "Forty-Forty." You can see the confusion.â†µ
Big Papi and Hova were scheduled to meet in Manhattan Federal Court on Tuesday, but the legal proceeding was called off at the last minute. The judge, who had urged a settlement, said it "sounds like a sensible outcome."â†µ
Jay-Z -- he is indeed a business, man.