Ric Flair’s Former Management Company Responds to Lawsuit

– The management company that used to represent Ric Flair has issued a statement in response to the lawsuit Flair has filed against them. Legacy Talent and Entertainment spoke with TMZ Sports about the lawsuit Flair fiiled, which claims that he is owed at least $46,000 due to the fact that Legacy received a payment for the Nature Boy 30 for 30 special and spent a $12,000 advance from an endorsement fee to pay legal bills, which they weren’t authorized for.

Legacy told the site, “Ric Flair has always been known to be dramatic and looking desperately for the spotlight,” Legacy Talent said. “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, 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.”

It continues, “Our client provided Flair an accounting of funds as they always did throughout their representation,” Legacy Talent said. “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.”