Friday, January 27, 2023

Former XFL Commissioner Oliver Luck sues Vince McMahon

- Advertisement -
- Advertisement -

By Anthony Caruso III | Publisher

The XFL lasted just 10 games in its second reboot of the league. Yet, Oliver Luck still wants his money.

According to the Action Network, he has filed a lawsuit agains XFL owner Vince McMahon. The league shut down due to the coronavirus pandemic.

Former XFL Commissioner Oliver Luck looks on during an XFL game
Oliver Luck looks on during an XFL game (Photo by Bob Levey/Getty Images)

The XFL has filed for Chapter 11 bankruptcy in Delaware. The company was launched in Stamford, Connecticut, as Alpha Entertainment.

READ MORE: Click here for our latest Football coverage

While the league had struggling ratings after it’s first week, the XFL was making strides that a lot of people were confused as to why it folded.

Luck reportedly had a multi-year agreement that allegedly would have paid him $20-25 million over the lifetime of his agreement with McMahon. When the XFL filed for bankruptcy, there were many creditors, including Luck, who were not listed.

The contract, according to Darren Rovell, who wrote the post, said ‘the contract stipulated he’d be due the remaining balance if terminated without cause.’

“Oliver Luck’s services as Commissioner and CEO of the XFL were terminated by a letter sent to him on April 9, 2020, which explained the reasons for the termination,” McMahon’s lawyer Jerry McDevitt of K&L Gates told The Action Network. “As to the lawsuit he filed, his allegations will be disputed and the position of Mr. McMahon will be set forth in our response to his lawsuit.”

Luck’s denies those claims. In his lawsuit he alleges, “Mr. Luck wholly disputes and rejects the allegations set forth in the Termination Letter and contends they are pretextual and devoid of merit.”

See also  Alleged Tyrus-Britt McHenry lewd texts released

READ MORE: Click here for our latest Sports coverage

McMahon sold WWE shares to use it towards his Alpha Entertainment company. However, two-years after announcing the return of the spring league, it was all over.

Action Network claims that Alpha Entertainment ‘filed to reject many executive contracts at the same time as their filing petition.’ Bankruptcy court reportedly, according to the story, approved this rejection of contracts.

“The to-be-expected motion to dismiss from McMahon and the response will be interesting from a legal perspective,” Darren Heitner, Sports Lawyer and Founder of Heitner Legal. “Luck’s contract was not with McMahon personally. Will the court be convinced that McMahon’s pledge to provide his own money adds personal liability? Seems to be a stretch.”

Subscribe to our newsletter!

Follow Us on Social Media:

Facebook, Twitter, Instagram, Telegram, Tumblr, YouTube, and TruthSocial

Keep Independent Journalism Alive! Ad-free experience and Exclusive Premium-plus content. Join our Paid Substack for additional content for $10 per month. This is ad-free content. We believe that what you read matters and great writing is valuable. Through Substack, writers can flourish by being paid directly by their readers.

Report a Correction or Typo

© 2007-2023 The Capital Sports Report. All Rights Reserved. This material may not be published, broadcasted, rewritten, or redistributed.
Anthony Caruso III
Anthony Caruso IIIhttps://thecapitalsportsreport.com
Anthony Caruso III is the Publisher of The Capital Sports Report. He has been in the sports journalism field since 2002 and has covered numerous high-profile events, including 12 Heisman Trophy ceremonies.
Latest news
Related news