Lawsuit Seeks Millions from 5-Hour Energy Owner Over Sports Illustrated Dispute, Highlighting the Brand's Decline

• Lawsuit filed against 5-Hour Energy owner Manoj Bhargava seeking $48.75 million in connection with failed SI-Arena Group relationship

• Authentic Brands Group, owner of SI property, alleges Bhargava owes damages for infringing on SI copyrights and trademarks

• Minute Media has assumed control of Sports Illustrated and SI.com website

• Transition has temporarily displaced some SI talent like Albert Breer to other sites like Athlon Sports

• Situation indicative of Sports Illustrated's sad fade from former prominent standing