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Derek Jeter reneged on Frigo underwear contract: lawsuit

Boxers or briefs? Neither for Derek Jeter.

The former Yankees slugger backed out of a deal to promote an upscale underwear line because he felt rapper 50 Cent would make the brand too “urban,” according to reports.

Jeter is being sued in Sweden for reneging on his promise to promote the undie brand Frigo, according to a lawsuit obtained by TMZ.com.

Jeter signed a three-year deal in 2011 to be a director of the company and agreed to participate in major publicity events, the suit alleges.

But the baseball great got cold feet in 2013, telling the company he didn’t want his relationship with the company made public during its U.