BioSteel creditors list shows company owes millions to the who's who of sports

  • 📰 SooToday
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 85%

United States News News

United States United States Latest News,United States United States Headlines

SMITHS FALLS, Ont. — BioSteel Sports Nutrition Inc. owes a slew of top-ranking sports teams and leagues millions of dollars.

In a preliminary list filed by the sports drink company which obtained creditor protection last week, BioSteel details more than $439 million in amounts owed to a range of businesses including manufacturers, distributors and retailers.

The Los Angeles Lakers basketball team is owed $2.5 million, rival Miami Heat just shy of $1 million and the United States Soccer Federation about $676,000.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. business optimism about China outlook falls to record lowBy Casey Hall SHANGHAI (Reuters) - Geopolitics and a slowing economy are fuelling pessimism among U.S. businesses operating in China, with the ...
Source: SaltWire Network - 🏆 45. / 63 Read more »