NBA Reports: Thunders’ Josh Giddey To Lose $40 Million Dollars Over Relationship With Minor

Josh Giddey, the guard for the Oklahoma City Thunder, may lose a significant sum of money as the NBA looks into claims made on social media that he had improper contact with a child. Giddey’s most lucrative sponsorship agreement is apparently in danger of ending, even though no legal action has been initiated.

NBA Reports: Thunders’ Josh Giddey To Lose $40 Million Dollars Over Relationship With Minor

According to reports, Giddey might lose his $40 million sponsorship contract with Sanitarium Health Food Company, the Australian cereal brand Weet-Bix, as a result of the NBA’s investigation into claims that he had an improper contact with a minor.

Malika Andrews finally addressed the Josh Giddey allegations.

She doesn’t look too happy I wonder why 🤔 pic.twitter.com/Xf1DLpYuMU

— 𝙖𝙧𝙠𝙖𝙖 (@arkaavs) November 27, 2023

According to Code Sports, the 21-year-old Australian has been taken off of the business’s social media pages.

Sanitarium is aware of the problem, according to a corporate spokeswoman, but said  it had yet to cut ties with Giddey.

“We are obviously aware of news surrounding Josh Giddey and are waiting for facts to be confirmed,” the spokesperson told Code Sports.

“We are in contact with Josh’s management team and waiting on further detail at this point.”

https://twitter.com/wstgoat7/status/1727608780777456070

As the inquiry progresses, Giddey—who was previously featured on Weet-Bix cereal boxes and advertising materials—finds himself in a precarious situation. Remarkably, Weet-Bix’s other athlete ambassadors—Alex de Minaur, Ellyse Perry, Marnus Labuschagne, and Tim Cahill—remain visible on the company’s social media platforms.

According to league spokesperson Mike Bass, the NBA is aggressively looking into claims that Giddey had an improper contact with a child. Though there is no sign of police involvement as of Monday morning, the charges first appeared on social media late on Wednesday night.

On brander miller biggest day of his life Malika Andrews brought up the gun incident at Alabama but wont talk about Josh Giddey lmao can’t make this up pic.twitter.com/2nJDYUPiaV

— John (@iam_johnw) November 27, 2023

Giddey declined to comment on the situation at the Thunder’s Friday media availability, claiming a lack of knowledge. This opinion was supported by Thunder head coach Mark Daigneault, who described it as a “personal matter” and decided not provide further commentary.

Giddey started the game for the Sixers on Saturday, but they lost 127-123. He finished with 10 points, 7 rebounds, and 8 assists.

Giddey might be played before the game, according to Daigneault.

Josh Giddey at risk of losing $40 million sponsorship over alleged underage relationship https://t.co/HDNk8oy2pS pic.twitter.com/8UCC7E1G4H

— New York Post (@nypost) November 27, 2023

“Available to play. Will play. No change in status from a basketball standpoint,” Daigneault said. “Still, I have no comment on anything else.

“Just with the information that we have at this point, that’s the decision that we’ve made. It’s really not even a decision, to be honest with you.”

Josh Giddey is reportedly at risk of losing his $40 million sponsorship deal with Weet-Bix, an Australian cereal brand by the Sanitarium Health Food Company, amid the NBA investigation into allegations of Giddey having an inappropriate relationship with an underage girl, per… pic.twitter.com/CYarxMsmbg

— NBACentral (@TheDunkCentral) November 27, 2023

When asked about the investigation, Daigneault said, “It’s obviously a league matter at this point, the ball’s in their court on that.”