Thursday, October 14, 2010
So says a lawsuit filed by Agate Printing, Inc. against Theodore Forstmann, owner of IMG and the home to the Swiss superstar's management.
The suit alleges a number of actions by Forstmann not only involving Fed but Tiger Woods as well. The item involving Fed, though, claims Forstmann raised his bet on the 2006 Roland Garros final from $10,000 to $40,000 after receiving "inside information" from the 16-time Grand Slammer. Fed lost that final to Rafael Nadal.
"The allegations in James Agate's complaint are beyond false, they are preposterous," said Michael Sitrick, rep for Forstmann. "Unfortunately, people like Agate look at people like Forstmann as the lottery." The printing company already has admitted to lying and spreading false rumors about the IMG head in a letter sent in April 2009.
Agate, who, according to TMZ, filed the claim due to a breach in contract by Forstmann and because he left tax liabilities on Agate brought on by gambling losses (how the hell does THAT happen?) seems to think they can really hurt Forstmann this time by dragging two of his biggest clients and two of the most recognizable athletes on the planet into the lawsuit. At the very least, they'll get the public's attention. But that's probably about it.
UPDATE: Fed responds to the allegations during his post-match presser in Shanghai today (around 6:10) saying "Since it involves my name, somewhere out there, I know it's 100% not true...":
[Photo(s): Getty Images]