Between Shaquille O Neal and his son Shaqir O Neal, there seems to have been a lot of tension. As everyone is aware, Shaq is regarded as an NBA legend and one of the best players in league history. Additionally, he has amassed a staggering $400 million in wealth throughout his life.
That suggests a natural aptitude for entrepreneurship, business, and finance. It turns out that Shaqir, his son, too wanted to enter the business sector but was discouraged by his own father. Shaq is well known for being a kind and understanding parent, so some fans might be perplexed by this. Let’s look more closely at what transpired and the reasons O Neal made the decision to obstruct his son’s mission.
Shaquille O Neal s company blocked Shaqir s trademark application
Shakir attempted to register a trademark to establish his own brand using his name and likeness, but Shaq, who owns a controlling stake in Authentic Brand Groups, used them to stop him. Given that O Neal has already stated that he doesn’t want another basketball player in the family, this is a really interesting topic.
It s no secret that Shaq O Neal is one of the wealthiest athletes in the world.
Shaq to his kids: We ain t rich, I m rich.
Holding company, ABG-Shaq, the owner of SHAQUILLE O NEAL & SHAQ registrations has filed a Notice of Opposition against his 19 yr. old son, Shaqir pic.twitter.com/ZjDPcjMcBj
Clarissa | Trademark Attorney (@TheLawOfficeCH) July 25, 2022
Shaqir decided to pursue a career in business because he might not be interested in playing professional basketball. To do this, he submitted an application for a trademark patent. But his father’s business rejected and contested his application. When questioned as to why, it was stated that customers would become confused due to the resemblance of their names.
Fans were confused by this revelation and quickly started to assume that there was tension between Shaq and Shaqir, even though it made perfect sense. The organization that is representing Shaqir, Mine O Mine LLC, and Authentic Brand Groups appear to be at odds with one another as well.
Well, this is awkward.
The company that owns Shaq s trademarks (Authentic Brands Group) has opposed his son s trademark filing for SHAQIR O NEAL.
How on earth did this happen? #Shaq#Trademarks
Josh Gerben (@JoshGerben) July 19, 2022
This has developed into a legal matter and might even go to trial. However, since Shaquille O Neal is connected to both businesses, lawyers have stated that it is extremely unlikely to happen. As a result, it has a higher likelihood of being resolved outside of a court of law.
We sincerely hope that Shaq and Shaqir can work out a solution to this problem. Despite the fact that Shaqir bears his father’s name, it is quite improbable that he will experience the status and advantages that go along with it. especially if he wants to go out on his own in the professional world.