The NBA's retail arm has been sued for its failure to comply with the terms and conditions of its lease at 545 Fifth Avenue in New York City.

NBA Media Venures, LLC is named as the defendant as it owes in excesses of $1.25 million in fixed rent ($625,000 per month) and additional rent based on an absolute and unconditional obligation to pay, without any abatement, deduction, counterclaim, offset or setoff for any reason whatsoever unless specified in the lease.

The lease does not include any force majeure clause.