Management Company Says Ric Flair Is Lying About Recent Allegations

Management Company Says Ric Flair Is Lying About Recent Allegations

Ric Flair’s former management company, Legacy Talent & Entertainment, spoke with TMZ and issued the following response to the Flair’s allegations that they ripped him off:

“Ric Flair has always been known to be dramatic and looking desperately for the spotlight. That’s fine as a wrestler but it is despicable when he blatantly lies.”

“As anyone who read [the Ric Flair Grantland article] knows, Ric has always left a trail of destruction in his wake whether it be from his ex wives, the IRS, State Departments of Revenue, creditors, or from his former business partners and friends… the debris is everywhere.”

“Our client wishes Flair nothing but the best and is sad that things have come to this after over a decade of hard work and incredible results for their client.”

As for the explanation for the finances, Legacy said the following:

“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.”

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Steve is the Founder of RingsideNews, AllWrestlingNews, and Wrestling dot News. He has been writing about professional wrestling since 1996. He first got into website development at the time and has been focusing on bringing his readers the best professional wrestling news at it's highest quality.
  • Ortiz

    If you’re doing to rip the guy a new asshole by humiliating him and airing-out all his personal financial problems, then you can’t follow it by saying “but we wish him nothing but the best”.

    Regardless of which party is in the wrong here, this management company already just revealed themselves to be tasteless liars. If Ric is owed this money, I hope he gets them back with interest and more.

  • Mr. Sinister

    I think a woooo oooooooooh seems appropriate right now.

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