The next time you drop close to $200 on a pair of Air Jordan sneakers at a Modell's Sporting Goods store, this is where your money's going. The athletic apparel retail chain's CEO, Mitchell Modell, is being sued by his sister-in-law, Abby Modell (the widow of former CEO Michael Modell), for funding his lavish lifestyle with company funds.
The suit claims that outlandish charges from Mitchell include spending $116,250 at a steakhouse in one day, $50,000 for a vacation to Puerto Rico, and over $90,000 for three Disney World trips. Welp, this just takes ballin' to another level. When those new retro Js drop, just know you're basically funding this man's next vacation.
[via Business Insider]