Vince McMahon claims that he fired Oliver Luck “for cause” in the legal battle beginning to boil in a Connecticut Federal Court. On Tuesday, McMahon filed an opposition to Plaintiff’s Application for Prejudgment Remedy which outlines the reasons it terminated Luck including gross negligence on the part of the former XFL commissioner.
McMahon argues in his court filing that he is not obligated to pay Luck under the guaranty of his employment contract with the XFL because “that contract was terminated for cause.” The first of several examples of Luck’s performance (or lack thereof) included the signing of Antonio Callaway. The former NFL player was suspended by the NFL for violating the league’s substance abuse policy. It also highlighted several other infractions during Callaway’s playing days in the NFL and while he was at the University of Florida which included possession of marijuana and being accused of sexual assault. McMahon directed Luck to terminate his contract but he did not do so. Callaway suffered a knee injury in which the XFL had to pay for the costs of his surgery, honor his contract of $125,000 for the season and open itself up to potential worker’s compensation payments. This was defined as “gross negligence” according to McMahon.
He also failed to return an XFL iPhone which was in violation of the league’s technology policies.
Luck also is accused of neglecting his duties after March 13, 2020. He is accused of leaving Connecticut “and disengage from the XFL’s operations.”
Payout Perspective:
Luck is claiming $23.8 million in salary and bonuses under the Contract according to the pleadings by McMahon. The prejudgment remedy ensures satisfaction of the potential judgment. Luck’s attorneys are not looking at WWE stock as liquidity if you may infer from the filings that despite the insistence that McMahon owns over $1 billion worth of stock, they are still going forward with this motion before the Court.
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