Jay-Z and Boston Red Sox slugger David Ortiz went and settled their 40/40 Club lawsuit a day before they were scheduled to duke it out in court. According to legal documents, the rapper was suing the athlete for allegedly stealing the title of the 40/40 Club for a similar venue in his own homeland, The Dominican Republic.
â€œThe case has been settled in principle,â€ said Jay-Zâ€™s attorney Peter Raymond. â€œWe have agreed on the outlines of a settlement and need to reduce it to writing.â€
Ortiz has been trying to settle the case since last June, when the whole thing basically started, after admitting to knowingly trying to replicate the mogulâ€™s success. In order to avoid a media frenzy and an unnecessary headache the two settled for an unknown amount. The suit, however, was filed for $5 million in damages.