Judge Richard Boulware denied Zuffa’s Motion for Summary Judgment which makes the prospect of a trial in April more likely. I discuss in the most recent Legal Submission.
Despite a big week for TKO Group Holdings, Inc. which saw it sell its media rights to Monday Night Raw to Netflix for $5 billion over 10 years, a lawsuit was filed on Thursday which accused Vince McMahon and WWE executive John Laurinaitis of sexual assault. On Friday, McMahon resigned from his position as Executive Chairman with TKO as well as his Board of Directors seat. No McMahon is a part of WWE. It is the first time since the inception of the company.