-

Vince McMahon, Oliver Luck settle XFL lawsuit days before hitting trial

Vince McMahon and former XFL Commissioner Oliver Luck have reached a settlement in their lawsuit according to the Sports Business Journal, days after the two failed mediation and the case was headed to trial on July 11.

Luck was seeking $24 million in compensation from Alpha Entertainment LLC, the parent company of the XFL, for wrongful termination. McMahon countersued saying that Luck was fired for leaking confidential information, using his phone for personal use, and abandoning ship when COVID-19 hit, among others.

The settlement terms are unknown but Luck’s attorney filed a motion to get the records permanently sealed.

“The parties reached an agreement to resolve this case on June 16, 2022,” attorney Paul Dobrowski wrote. McMahon’s lawyer, Jerry McDevitt, did not oppose the motion.

The XFL eventually folded and declared bankrupt with Dwayne Johnson and his team purchasing it out of bankruptcy court.

McMahon is now facing an even bigger battle as he is under investigation for a $3 million payout in hush money. Last week, McMahon voluntarily stepped down from Chairman and CEO of WWE pending the outcome of the investigation. His daughter, Stephanie, has been named interim Chairwoman and CEO.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

NXT rating for 02/27/2024

NXT this week drew just 570,000 viewers, down 46,000 viewers from the prior week and the least-watched episode since...

Cody Rhodes advertised for three Smackdown shows in March

Cody Rhodes posted his packed scheduled for March leading up to WrestleMania which also includes appearances on three different...

EXTREME DWARFANATORS WRESTLING: how midget wrestling rides the wave of modern entertainment trends

In the dynamic world of entertainment, where trends come and go like ocean waves, midget wrestling has managed to...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading