Ric Flair’s former management company, Legacy Talent and Entertainment have issued a statement regarding the lawsuit filed by Ric Flair against them, stating that Flair is lying through his teeth and that the allegations that they stole his money from the ESPN 30 For 30 documentary are blatant lies, according to a report from TMZ.com.
The report notes that Flair filed the lawsuit against Legacy Talent and Entertainment claiming that they hid payments that he was supposed to get from several projects, including $25,000 for the recent documentary, however Legacy Talent and Entertainment claim that Flair’s allegations are baseless and defamatory noting that “Ric Flair has always been known to be dramatic and looking desperately for the spotlight”.
The statement notes that while that is fine as a wrestler, it is despicable when he blatantly lies and that as anyone who read the Ric Flair article from Grantland several years ago knows, “Ric has always left a trail of destruction in his wake, whether it be from his ex-wives, the IRS, creditors, or from his former business partners and friends”. The statement further states that they wish Flair nothing but the best and feel that it is sad that things have come down to this after over a decade of hard work and incredible results when they represented him.
In regards to the explanation regarding the finances, Legacy Talent and Entertainment stated, “Our client provided Flair an accounting of funds as they always did throughout their representation. Flair then demanded funds that belonged to buyers be released from trust that he had not yet earned and our client would not be bullied into doing anything unethical. In reality the $37,000 in dispute are in his management company’s trust account while we were working out a settlement on the sums of money owed our client from deals and money Flair hid from his management.”
More details are available at this link.