Keyshawn Johnson
Exclusive

Keyshawn Johnson Sued for $2.7 Million Over Panera Bread Franchise

Keyshawn Johnson is being accused of breaking the lease for one of his Panera Bread franchise stores and now he’s being sued for $2.7 million.

According to court documents obtained by The Blast, WVS SPEC LLC claims they own a property in Los Angeles which they leased to Johnson and his company, First Picks Bread Company, back in 2012.

WVS claims they entered into a 10-year lease with Johnson and First Picks that called for them to pay $22,641/month in rent.

But the suit claims Johnson stopped paying rent on the property as of January 1, 2018. They also claim the ex-NFL star failed to make an operating expense payment, defined in the lease as their share of maintenance and repair of the shopping center the property is in.

The lawsuit is seeking $2,350,000 in damages for the breach of the lease plus an additional $400,000 for breach of guaranty for a total of $2,750,000.

It’s worth noting — the Panera Bread in question is still open.

We reached out to a rep for Keyshawn — so far, no word back.

As The Blast first reported, Keyshawn Johnson is involved in another lawsuit over his Panera operation.

Johnson’s ex-business partner, Reynaldo Spalding, claims Johnson agreed to buy him out of his deal in Panera for $335,000. He claims Johnson had agreed to pay him $3,865.38 on a bi-weekly basis until the total sum was paid off.

But Spalding says he collected $29,600 before the former NFL star refused to make any further payments, and says he’s currently owed $117,008.34 plus an extra $7,466 in interest.