Sounds bizarre, but Iconix Brand Group says Jay does NOT own the logo anymore. In docs obtained by TMZ, Iconix says it paid a whopping $204 million for it, and therefore has control over where the logo pops up especially when it comes to merchandise.
Iconix has beef with the ROC logo appearing on MLB hats, shirts, hoodies, etc a deal it says it never approved. It’s not only suing Jay, but also MLB, Roc Nation, New Era, Lids and the San Francisco Giants.
The company is suing all of the above for at least $10 million and other damages. TMZ reached out to Jay z, so far, no words back.
Iconix also owns and manages the Ed Hardy, Joe Boxer and Marc Ecko logos.