{"id":121988,"date":"2023-12-20T22:47:40","date_gmt":"2023-12-21T03:47:40","guid":{"rendered":"https:\/\/lastwordonsports.com\/prowrestling\/?p=121988"},"modified":"2023-12-20T22:47:40","modified_gmt":"2023-12-21T03:47:40","slug":"mlw-wwe-lawsuit-ends","status":"publish","type":"post","link":"https:\/\/lastwordonsports.com\/prowrestling\/2023\/12\/20\/mlw-wwe-lawsuit-ends\/","title":{"rendered":"MLW-WWE Lawsuit Ends: How Could MLW Invest their Funds?"},"content":{"rendered":"

On December 11th,\u00a0 MLW <\/strong>and WWE<\/strong> lawyers filed paperwork to resolve a lawsuit that has lasted nearly two years.\u00a0 In January 2022, MLW filed an antitrust suit against WWE. MLW\u2019s promoter and founder Court Bauer<\/strong> claimed it related to Vince McMahon\u2019s<\/strong> business practices.<\/p>\n

The lawsuit alleged WWE pressured third parties streaming service, Tubi TV,<\/strong>\u00a0and TV network,\u00a0VICE TV,<\/strong> to abandon their working relationship with MLW. Allegedly, WWE tried to undermine MLW as competition by attempting to talk to MLW wrestlers under contract.<\/p>\n

Bauer\u2019s suit claimed WWE wanted them to breach their contracts and reveal confidential business information about the organization. On Chris Jericho\u2019s<\/strong> Talk is Jericho<\/strong> podcast, Baeur detailed how in 2021 deals had been signed were rescinded. The company was \u201calmost mortally wounded.\u201d<\/p>\n

Initially, the lawsuit was dismissed in February 2023 due to insufficient evidence and context. The judge allowed MLW to amend their complaints. In March, MLW filed an amended complaint. In the words of practicing lawyer and combat sports legal analyst, Jason Cruz<\/strong> (of MMAPayout.com<\/a>):<\/p>\n

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\u201cIf you recall, the judge allowed MLW to amend its complaints to add more context to the lawsuit, which basically means ‘We’re going to dismiss this thing unless you add more meat to this lawsuit.”<\/em> Cruz called the outcome a \u201cgreat result for MLW\u201d.<\/h4>\n<\/blockquote>\n

Extra Money Allows for Growth <\/strong><\/h3>\n

WWE has come to a financial settlement with MLW, giving the latter company a much-needed monetary boost. Reports suggested that due to the cost of the lawsuit, MLW was running low on funds.<\/p>\n

With a lot of money, MLW can focus on growth and development. Ultimately, more funds mean more opportunity. Already, MLW is running more shows and tapings next year. With TV tapings now booked for \u00a0January and two in February. This means there are more chances for MLW to earn revenue.<\/p>\n

Reportedly, wrestlers have been given a cash bonus. MLW next year is bringing back MLW Radio. With time also freed from the lawsuit, MLW can also focus on getting new deals for distribution. If things work well, there are various areas where additional funds would aid MLW.<\/p>\n

Production Revamp<\/strong><\/h3>\n
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Fatu is READY for Hammerstone on Dec 24! pic.twitter.com\/GT6kckYZu8<\/a><\/p>\n

\u2014 MLW (@MLW) December 21, 2023<\/a><\/p><\/blockquote>\n