Atlanta Braves Sues Bosch after Failure to Pay Sponsorship Fee

November 1, 2013

Major League Baseball (MLB) franchise Atlanta Braves is suing TTA Partners Inc., herbal Titan Agency Inc. and Bosch Thermotechnology Corp. after claiming Bosch had failed to pay it sponsorship fee worth more than $329,800 according to the Atlanta Business Chronicle.

According to the filing Oct. 29 in U.S. District Court in Atlanta, Bosch inked a $1.35 million, three-year deal with the Braves in March 2011 for sponsorship opportunities at Turner Field. The lawsuit claims The Titan Agency and Bosch paid the Braves for the 2011 season, but failed to pay the full amount due for 2012 and opted out of the 2013 while failing to pay a required early termination fee.

The parties still owe the Braves $329,853, plus an accruing 1.5 percent interest per month on the amount owed, according to the suit.

{jcomments on}