TMZ Sports has a new report out featuring Ric Flair’s former management company, Legacy Talent, responding to the lawsuit Flair has filed against them for allegedly keeping, or not reporting, earnings from Flair.
Related: Ric Flair Suing Former Management Company
Legacy is calling Flair’s claims, “baseless and defamtory,” before adding, “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 for their explanation for the missing finances Legacy Talent had the following to say to TMZ Sports:
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.
You can find the full report, featuring more details about the legal war between Flair and Legacy, by clicking HERE
Ric Flair Summer TCA Tour
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Ric Flair Summer TCA Tour
BEVERLY HILLS, CA - JULY 26: (L-R) Professional wrestler Ric Flair, director Rory Karpf and ESPN Films & Original Content VP and Executive Producer John Dahl 'ESPN's 30 for 30: "Nature Boy"' speak onstage during the ESPN portion of the 2017 Summer Television Critics Association Press Tour at The Beverly Hilton Hotel on July 26, 2017 in Beverly Hills, California. (Photo by Frederick M. Brown/Getty Images)
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Ric Flair Summer TCA Tour
BEVERLY HILLS, CA - JULY 26: Professional wrestler Ric Flair of 'ESPN's 30 for 30: "Nature Boy"' speaks onstage during the ESPN portion of the 2017 Summer Television Critics Association Press Tour at The Beverly Hilton Hotel on July 26, 2017 in Beverly Hills, California. (Photo by Frederick M. Brown/Getty Images)
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Ric Flair Summer TCA Tour
BEVERLY HILLS, CA - JULY 26: Professional wrestler Ric Flair of 'ESPN's 30 for 30: "Nature Boy"' speaks onstage during the ESPN portion of the 2017 Summer Television Critics Association Press Tour at The Beverly Hilton Hotel on July 26, 2017 in Beverly Hills, California. (Photo by Frederick M. Brown/Getty Images)
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Ric Flair Summer TCA Tour
BEVERLY HILLS, CA - JULY 26: Professional wrestler Ric Flair of 'ESPN's 30 for 30: "Nature Boy"' speaks onstage during the ESPN portion of the 2017 Summer Television Critics Association Press Tour at The Beverly Hilton Hotel on July 26, 2017 in Beverly Hills, California. (Photo by Frederick M. Brown/Getty Images)
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Ric Flair Summer TCA Tour
BEVERLY HILLS, CA - JULY 26: Professional wrestler Ric Flair of 'ESPN's 30 for 30: "Nature Boy"' speaks onstage during the ESPN portion of the 2017 Summer Television Critics Association Press Tour at The Beverly Hilton Hotel on July 26, 2017 in Beverly Hills, California. (Photo by Frederick M. Brown/Getty Images)
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Ric Flair Summer TCA Tour
BEVERLY HILLS, CA - JULY 26: A view of the ballroom during 'ESPN's 30 for 30: "Nature Boy"' during the ESPN portion of the 2017 Summer Television Critics Association Press Tour at The Beverly Hilton Hotel on July 26, 2017 in Beverly Hills, California. (Photo by Frederick M. Brown/Getty Images)
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Ric Flair Summer TCA Tour
BEVERLY HILLS, CA - JULY 26: Professional wrestler Ric Flair of 'ESPN's 30 for 30: "Nature Boy"' speaks onstage during the ESPN portion of the 2017 Summer Television Critics Association Press Tour at The Beverly Hilton Hotel on July 26, 2017 in Beverly Hills, California. (Photo by Frederick M. Brown/Getty Images)
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Ric Flair Summer TCA Tour
BEVERLY HILLS, CA - JULY 26: Professional wrestler Ric Flair of 'ESPN's 30 for 30: "Nature Boy"' poses for a portrait during the 2017 Summer Television Critics Association Press Tour at The Beverly Hilton Hotel on July 26, 2017 in Beverly Hills, California. (Photo by Smallz & Raskind/Getty Images)
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Ric Flair Summer TCA Tour
BEVERLY HILLS, CA - JULY 26: Professional wrestler Ric Flair of 'ESPN's 30 for 30: "Nature Boy"' poses for a portrait during the 2017 Summer Television Critics Association Press Tour at The Beverly Hilton Hotel on July 26, 2017 in Beverly Hills, California. (Photo by Smallz & Raskind/Getty Images)
