As if the Icer Air scandal couldn’t make co-founders Trevor Hubbard and Glenn Griffin look like even bigger crooks, along comes more bad news from this ever-growing scandal. I just got off the phone with Rudd Davis, President and Founder of BNQT (USA Today’s action-sports portal site, where yours truly is their official surf writer), and among the bombshell revelations revealed to me is the fact that Hubbard and Griffith owe BNQT over $50,000.
“They were banking on next year’s Esurance money to pay the riders and everyone else they owed money to,” said Davis. “Unfortunately they made nothing from ticket sales.” In other words, Hubbard and Griffin’s poor business planning, which may or may not constitute fraud, led to a lack of funds to pay riders, hosts, publicists, videographers, and a slew of other contracted employees who have been left in the cold.
Another shocking revelation by David was the fact that Esurance was signed on to be the title sponsor for Icer Air 2009. “Esurance breached their contract,” said Davis. “(Griffin and Hubbard) are not the only ones responsible for this mess.” This despite Esurance’s statement that they “fulfilled obligations and made all payments to Icer for those events, including the 2008 event."
Hubbard and Griffin hired BNQT to be the official videographers of the contest, but have failed to pay them the money owed, which is upwards of $50,000. “(Griffin and Hubbard) think they’re protected by an LLP,” said Davis. “We want a resolution. We’re going to try and solve this not just for us, but for everyone. They don’t have recourse from the riders, but they will with us.”