John Cena Sued By Ford For Violating Contract After Selling New GT
December 5, 2017
John Cena recently sold his new Ford GT, and Ford was not happy about it.
Ford is taking legal action against Cena by suing the "American Grit" star for violating their contract after he sold his new $500,000 2017 Ford GT. According to the lawsuit filed in the U.S. District Court in Michigan, Cena was "selected from thousands of applicants for the opportunity to purchase the Ford GT," TMZ reported.
The "Total Bellas" star signed a deal where he agreed to hold onto the car for at least two years before he can unload it. The company, however, claimed that as soon as the professional wrestler received the vehicle, he immediately sold it for a big profit.
"Mr. Cena has unfairly made a large profit from the unauthorized resale flip of the vehicle, and Ford has suffered additional damages and losses, including, but not limited to, loss of brand value, ambassador activity, and customer goodwill due to the improper sale," the lawsuit from Ford read.
The lawsuit also stated that Cena sold the car along with other properties to pay his bills. However, he might not enjoy the money he made as Ford is demanding that he hand over the profits from the sale. They also asked that the celebrity pay them for damages.Cena had a net worth of $55 million in 2016, according
to the Richest. That year he was named Forbes' highest paid wrestlers for making an estimate of $9.5 million.
Cena is making it big in Hollywood with his role in the upcoming animated film "Ferdinand" and a supporting role in "Daddy's Home 2," which has currently grossed over $74 million against a $29.7 million budget.