Last Wednesday, a Federal District Court Judge in Southern California signed off on a $9.7 million judgment against MTK Global, Daniel Kinahan and others to boxing manager Moses Heredia. The lawsuit dealt with claims that MTK had taken away Heredia’s client, boxer Joseph “JoJo” Diaz. I talk about it here in The Legal Submission 43. […]
legal
Haney sues Garcia for April fight
Boxer Devin Haney has sued Ryan Garcia and Golden Boy Promotions for battery, fraud and unjust enrichment as a result of Haney’s fight with Garcia this past April. Garcia’s drug test came up positive for a banned substance which the fighter denies any wrongdoing. The lawsuit filed in Federal Court in New York on Friday […]
UFC and Plaintiffs in Le-Zuffa case tentatively settle for $375M
On Thursday morning, Zuffa and the plaintiffs in the Le lawsuit agreed to settle the case for $375 million. The settlement is pending Court approval by Judge Boulware. TKO Group filed a Form 8-K this morning informing its investors of the settlement for $375 million. The settlement is for the Le plaintiffs only. If the […]
McMahon attempted to purchase Netflix documentary
Vince McMahon is unhappy with his portrayal in the upcoming Netflix documentary series, “Mr. McMahon.” According to a report from Puck, the former WWE head attempted to purchase the series to avoid it from being seen by the public. pic.twitter.com/feI8wah51u — Vince McMahon (@VinceMcMahon) September 23, 2024 The Puck report states that the ousted Chairman […]
WWE cutting live events per Shapiro
Last week, TKO head Mark Shapiro spoke at the 51st Annual J.P. Morgan Global Technology, Media and Communications Conference. During his talk, he indicated that WWE would be doing less live events in the future. Shapiro indicated that they would be doing less “house shows” which are the untelevised WWE touring events which helped grow […]