Former XFL commissioner Oliver Luck sued Vince McMahon two years ago because he never collected the remaining money from his contract. Well, this matter is still going on.
Negotiations were held on Wednesday regarding this dispute. According to Daniel Kaplan of The Athletic, it lasted nine minutes.
Kaplan said that the trial is scheduled for next month.
This decision could be a sign that both sides, Luck and McMahon, are too far on their demands. At least that’s what NFL insider Mike Florio believes. Luck had more than $20 million left on his XFL contract. However, the league eventually filed for bankruptcy in 2020 due to the COVID-19 pandemic.
WWE owner retaliated
After Luck sued McMahon, the WWE owner retaliated. He claims that fate abandoned his duties. The Wall Street Journal reported on Wednesday, citing people familiar with the matter. That the board of World Wrestling Entertainment is investigating a $3 million hush-money settlement that CEO Vince McMahon paid for an alleged affair with a woman.
Discussing his relationship with McMahon
The Journal said that the settlement, which took place in January. The aim is to stop the woman who worked as a paralegal for the company. From discussing his relationship with McMahon or making important statements about the chief executive, the Journal said.
Administration of Former President Donald Trump
A WWE spokesperson told the newspaper that the company was cooperating with the board’s investigation and that the relationship between McMahon and the woman was consensual. McMahon, 76, is married to Linda McMahon. They served as the CEO of WWE and as the head of the Small Business Administration in the administration of former President Donald Trump. Who is the WWE Hall of Famer?
Other women who worked in WWE
The report said that the board’s inquiry began in April. also disclosed a non-disclosure agreement relating to claims of misconduct by other women who worked in WWE. The Journal said the agreements involved McMahon and WWE talent executive John Laurinaitis. Who wrestled under the name Johnny Ace.
WWE did not immediately respond to a request for comment from CNBC.
A source told the Journal that the board has retained Simpson Thatcher & Bartlett LLP, a New York-based law firm, to conduct the investigation. The firm did not immediately respond to a request for comment from CNBC.
Jerry McDevitt, Comment
McMahon’s attorney, Jerry McDevitt, was not immediately available for comment. McDevitt told the Journal that the former employee had not made any harassment claims against McMahon. He also said that WWE did not give him any money, the newspaper said.
agrees to pay $18 million to the Hart family upon the death
This is far from McMahon’s first brush with controversy. In 1993, he was indicted on federal charges related to anabolic steroids. Which was used by him and many professional wrestlers of the WWF. He was acquitted of the charges in 1994. McMahon and Company also came under fire in 1999 for continuing a show. When one of Brett’s brothers, superstar Owen Hart, fell from the roof of an arena while performing a stunt. The company eventually agreed to pay the Hart family $18 million upon the wrestler’s death.