Indianapolis Colts Star Dwight Freeney Sued Over Rolling Stone LA Restaurant
|By Jeffrey Beall|
A group of restaurant managers are suing the Indianapolis Colts defensive stud and several of Freeney's business partners over a contract to operate the Rolling Stone LA restaurant near Hollywood and Highland.
Freeney is the primary investor in the Rolling Stone magazine-themed eatery, for which he secured the licensing rights, and the restaurant managers from New Jersey are suing him for more than $25 million.
According to a lawsuit, filed in New Jersey, Salvatore and Stacy Feli signed a contract with Feeney's company, Roof Group, to manage and operate the restaurant for $350,000 a year in base salary, $60,000 a year in car and housing allowance, and 2 percent of the restaurant's gross revenue.
Salvatore and Stacy Feli, however, claim that Feeney and his partners lied numerous times at meetings in Miami and New York to get them to agree to move from New Jersey to LA and take the job managing the restaurant.
Feeney, the lawsuit states, told Salvatore and Stacy Feli that the restaurant had plenty of money to open and operate and pay its bills.
One of Freeney's business partners allegedly told the Felis that "Freeney had the financial resources to fund all capital requirements for [the restaurant] because he had signed a $72 million contract with the Indianapolis Colts in 2007, which included a signing bonus in the amount of $30 million, making him the highest paid defensive end in the history of the NFL."
Salvatore and Stacy Feli claim statements like these were made to "induce" them into the contract and that Freeney's Roof Group has not honored their end of the financial agreement.