Josh Giddey At Risk Of Losing Major Sponsor Amid Grooming Allegations

BYAlexander ColePublished on November 27, 20231.7K Views

Oklahoma City Thunder v New Orleans Pelicans

NEW ORLEANS, LOUISIANA - NOVEMBER 10: Josh Giddey #3 of the Oklahoma City Thunder reacts against the New Orleans Pelicans during a game at the Smoothie King Center on November 10, 2021 in New Orleans, Louisiana. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jonathan Bachman/Getty Images)

Josh Giddey is in the news for all of the wrong reasons.

Josh Giddey is someone who has been hit with very disturbing allegations. Overall, the Oklahoma City Thunder star is being accused of having sex with a minor. This is a very serious allegation that could come with prison time if found to be true. Ultimately, it has been a tricky situation for the Thunder, who are still allowing Giddey to play. Although fans are outraged by his presence with the team, the Thunder are fine with keeping him around. However, the NBA is, indeed, investigating the matter.

As you can imagine, Giddey could lose a lot over this whole ordeal. Firstly, he could very well lose his entire NBA career. Secondly, he is at risk of going to prison, should he be found guilty. Lastly, there are various sponsors at play who could choose to completely pull away from him. That said, it seems like the third point is already happening right now. Currently, the NBA star has a deal with Weet-Bix which is a cereal brand in Australia. As the New York Post reports, they may just pull out of the deal.

Josh Giddey Under The Microscope

This was a deal worth upwards of $40 million. That said, Giddey could be losing out on eight figures here. Overall, it is a huge problem for the young star, although it makes a whole lot of sense. After all, there isn't a single brand on planet earth that would want to be associated with these kinds of allegations. At the end of the day, this is just a very dire situation for everyone who is involved. Hopefully, we all get some answers on what went down, very soon.

Let us know your thoughts on this situation, in the comments section below. Additionally, stay tuned to HNHH for the latest news and updates from around the sports world. We will always be sure to keep you informed.

About The Author

Alexander Cole

Alexander Cole is the current Managing Editor of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. During this time, he has shown an expertise in Air Jordans, Yeezys, and all things that have to do with Nike. His favorite kicks are the Air Jordan 1 High OG, the Air Jordan 4, the Air Jordan 6, and the Adidas Yeezy Boost 350 V2 in the "Beluga 2.0" colorway. Although his collection might not be the biggest, he is always looking to add new styles to it. When it comes to sports, Alex has a particular interest in the NBA and the NFL. His favorite teams are anywhere LeBron goes, and the Kansas City Chiefs. As a Montrealer, the Montreal Canadiens hold a special place in his heart, even if they haven't won the Stanley Cup in his lifetime. Alex also works for the Concordia Stingers, where he provides play-by-play and color commentary for the football, hockey, and basketball teams His favorite hip-hop artists are Kendrick Lamar, Playboi Carti, Travis Scott, and Lil Uzi Vert.