All-Purpose McMustache/WWE Sale Thread (Future: Endeavor-ed)

[jm]

The rats jumping off the Titanic never moved as fast as all these people leaving WWE right now.

[The Captain]

Jan 17, 2023 9:35:22 GMT -5 polarbearpete said:

Jan 17, 2023 9:29:17 GMT -5 mistery said:

Here is the second lawsuit against Vince for hijacking the board.

www.sportico.com/law/analysis/2023/vince-mcmahon-sued-by-stockholders-1234701386/

Things are only going to get worse and worse for Vince, especially since Jerry McDevitt is retiring, and he was pretty much the only reason that he was managing to fend off these lawsuits.

I wouldn’t put that much faith in McDevitt retiring being a reason they can’t defend lawsuits. He’s not the grand poobah of lawyers. Same firm, same people will probably still be handling most things.

I feel like the legend of McDevitt is much bigger than the actual career. He's a good lawyer, no doubt. But he's not this untouchable legal genius or anything. His firm will be just fine without him.

And let's be real, he benefitted a lot from going up against ambulance chasers or real life Lionel Hutzes. And being legal counsel for a rich man in America has its baked in advantages.

[mc74]

Triple H is in a very rough position. On one hand, everything he's done to help WWE rebuild itself is crumbling down. On the other, he could very well lose trust because of a lack of reassurance and not taking into account the possibility of Vince returning and how that could affect everyone's future.

[Hulk With A Mustache]

Jan 17, 2023 16:22:20 GMT -5 The Captain said:

Jan 17, 2023 9:35:22 GMT -5 polarbearpete said:

I wouldn’t put that much faith in McDevitt retiring being a reason they can’t defend lawsuits. He’s not the grand poobah of lawyers. Same firm, same people will probably still be handling most things.

I feel like the legend of McDevitt is much bigger than the actual career. He's a good lawyer, no doubt. But he's not this untouchable legal genius or anything. His firm will be just fine without him.

And let's be real, he benefitted a lot from going up against ambulance chasers or real life Lionel Hutzes. And being legal counsel for a rich man in America has its baked in advantages.

Judging from that DSOTR episode on the Steroids Trial, it looked like half the reason he won that case was because the prosecution was pretty incompetent.

[XIII]

If I had to guess the VP of communications saw the writing on the wall and is getting out with his pension/retirement. I think that he’s probably just retiring more than anything, 25 years of working for Vince should earn this dude a Purple Heart though. lol

[Andew9001]

Just out of curiosity did McDevitt defend Vince when he was sued by the World Wildlife Fund? Or when Jesse Ventura sued for royalties? Or when the wrestler who was injured taking the Rocker Dropper sued?

If so then i wouldn't say McDevitt is the grand, mythical being he's made out to be.

[MolotovMocktail]

Jan 17, 2023 18:21:29 GMT -5 Andew9001 said:

Just out of curiosity did McDevitt defend Vince when he was sued by the World Wildlife Fund? Or when Jesse Ventura sued for royalties? Or when the wrestler who was injured taking the Rocker Dropper sued?

If so then i wouldn't say McDevitt is the grand, mythical being he's made out to be.

I don’t think he was counsel for those earlier incidents. The Rocker Dropper case was resolved in about 1994, and articles about it from that time had quotes from another lawyer. The Ventura thing was I believe earlier than that.

He might’ve been there for the WWF vs. WWF case though.

["Evil Brood" Jackson Vanik]

Jan 17, 2023 18:21:29 GMT -5 Andew9001 said:

Just out of curiosity did McDevitt defend Vince when he was sued by the World Wildlife Fund? Or when Jesse Ventura sued for royalties? Or when the wrestler who was injured taking the Rocker Dropper sued?

If so then i wouldn't say McDevitt is the grand, mythical being he's made out to be.

I'm not sure but some of those cases were unwinnable. Vince just flagrantly didn't follow their deal with the World Wildlife Fund and there was no saving them.

[MiLB Fan]

Jan 17, 2023 18:21:29 GMT -5 Andew9001 said:

Just out of curiosity did McDevitt defend Vince when he was sued by the World Wildlife Fund? Or when Jesse Ventura sued for royalties? Or when the wrestler who was injured taking the Rocker Dropper sued?

If so then i wouldn't say McDevitt is the grand, mythical being he's made out to be.

I don’t know about the original case that forced Vince’s company to change its name, but a year later he did score a small legal victory over the Fund concerning the use of the scratch logo in old video games.

Prior to the Christmas sale season, The Funds attempted to extort $90 million dollars from the WWE and threatened to interfere with WWE’s business relationships, as it has been doing for over a decade, if WWE did not submit to their extortion,” said WWE attorney, Jerry McDevitt, partner in the law firm of Kirkpatick and Lockhart.

According to McDevitt, when the WWE refused to submit to their demands, The Funds resorted to heavy handed practices such as threatening to have WWE declared in contempt of the English courts for disclosing the $90 million demand and threatening to sue the WWE and its attorney in England for pointing out that The Funds’ extortion demand had been made by Michael Rogers, an English barrister with an extremely questionable past.
“After threatening to sue us and have us thrown in English jails for telling the truth about Rogers and The Funds, they next threatened to have THQ/Jakks, the WWE’s videogame licensee, held in contempt of the English courts if THQ/Jakks sold certain classic videogames of WWE performers because the gameplay had the former WWF scratch logo of my client embedded in the gameplay,” said McDevitt.

Around Thanksgiving, The Funds actually convinced a judge in England to stop the sales of the games and declare that THQ/Jakks and WWE would be in contempt of court if the games were sold. “The Fund did that in a proceeding we were not even a party to and sale of the games stopped,” said McDevitt.
THQ/Jakks appealed the decision and WWE intervened in the appeal. After hearing the argument, a three-judge panel reversed the trial judge, repudiated all of The Funds’ arguments, and ordered The Funds to pay the legal costs of both THQ/Jakks and the WWE, an amount likely to exceed $100,000.

Commenting on the decision, McDevitt noted that the Court of Appeals of England expressly stated that The Funds had not shown any damage whatsoever caused them by the sale of videogames and that The Funds did not have exclusive rights to the initials “WWF.” “We have said all along that The Funds have not, and could not, be damaged by anything my client has ever done, and it is a matter of record that The Funds have never come forth with proof of any monetary damage,” said McDevitt.

corporate.wwe.com/news/company-news/2003/04-17-2003

[A Platypus Rave is Correct]

Jan 17, 2023 19:03:47 GMT -5 "Evil Brood" Jackson Vanik said:

Jan 17, 2023 18:21:29 GMT -5 Andew9001 said:

Just out of curiosity did McDevitt defend Vince when he was sued by the World Wildlife Fund? Or when Jesse Ventura sued for royalties? Or when the wrestler who was injured taking the Rocker Dropper sued?

If so then i wouldn't say McDevitt is the grand, mythical being he's made out to be.

I'm not sure but some of those cases were unwinnable. Vince just flagrantly didn't glow their deal with the World Wildlife Fund and there was no saving them.

There really was no defense they could have been made for the WWF suit.

Vince blatantly disregarded the settlement they made because he was Vince McMahon damnit.


Hell I'm sure Jerry probably told him to try and resettle it. But see above

[Finish Uncle Muffin’s Story]

So for what it’s worth, it looks like WWE dismantled its PR department. Those employees were released. Seems like they’re taking the Elon approach to things in the short term.

[wildojinx]

If HHH either gets fired or leaves, what are the odds we see a self-destruction of HHH doc on Peacock?

Vince: I really wanted to put the belt on Scott Steiner, but he just wouldnt let me!
Kevin Nash (looking suspiciously like Glen Jacobs with a wig and fake beard): Never liked Paul in the first place, dont know why people think we were friends
Ghost of Mike Graham: Swung a million sledgehammers, never drew a single dime.

[cjb01: Limited Edition Item!]

Jan 17, 2023 19:58:21 GMT -5 Finish Uncle Muffin’s Story said:

So for what it’s worth, it looks like WWE dismantled its PR department. Those employees were released. Seems like they’re taking the Elon approach to things in the short term.

Because THAT approach has gone over SO WELL!

So we can expect WWE HQ to smell like actual shit in like a week?

[mc74]

Jan 17, 2023 20:23:36 GMT -5 cjb01: Limited Edition Item! said:

Jan 17, 2023 19:58:21 GMT -5 Finish Uncle Muffin’s Story said:

So for what it’s worth, it looks like WWE dismantled its PR department. Those employees were released. Seems like they’re taking the Elon approach to things in the short term.

Because THAT approach has gone over SO WELL!

So we can expect WWE HQ to smell like actual shit in like a week?

I'm suddenly reminded of the scene where Austin had manure dumped in McMahon's office.

[mc74]

Jan 17, 2023 19:58:21 GMT -5 Finish Uncle Muffin’s Story said:

So for what it’s worth, it looks like WWE dismantled its PR department. Those employees were released. Seems like they’re taking the Elon approach to things in the short term.

Wouldn't surprise me if there were mass releases in the very near future.

[Pure Fusion Jesse Walsh]

Literally insane we were here exactly one week ago looking at the time in Saudi Arabia and bidding our goodbyes as we awaited our grisly end.

[CMWaters]

Now I'm not saying that this is going to happen, but I saw it when looking for something else on Google and had to throw the thought in there:

If he wanted to, and since he's bought a Vince McMahon project already, what would the reaction here be if Dwayne Johnson bought WWE?

Like I said, he already bought XFL (probably for less than what WWE would go for), and I'm sure he could get the capital for it.

Big question would be, if he did buy it, would Mr. Levesque feel comfortable with him as his boss?

[Spiderf 4]

Jan 17, 2023 19:08:11 GMT -5 MiLB Fan said:

Jan 17, 2023 18:21:29 GMT -5 Andew9001 said:

Just out of curiosity did McDevitt defend Vince when he was sued by the World Wildlife Fund? Or when Jesse Ventura sued for royalties? Or when the wrestler who was injured taking the Rocker Dropper sued?

If so then i wouldn't say McDevitt is the grand, mythical being he's made out to be.

I don’t know about the original case that forced Vince’s company to change its name, but a year later he did score a small legal victory over the Fund concerning the use of the scratch logo in old video games.

Prior to the Christmas sale season, The Funds attempted to extort $90 million dollars from the WWE and threatened to interfere with WWE’s business relationships, as it has been doing for over a decade, if WWE did not submit to their extortion,” said WWE attorney, Jerry McDevitt, partner in the law firm of Kirkpatick and Lockhart.

According to McDevitt, when the WWE refused to submit to their demands, The Funds resorted to heavy handed practices such as threatening to have WWE declared in contempt of the English courts for disclosing the $90 million demand and threatening to sue the WWE and its attorney in England for pointing out that The Funds’ extortion demand had been made by Michael Rogers, an English barrister with an extremely questionable past.
“After threatening to sue us and have us thrown in English jails for telling the truth about Rogers and The Funds, they next threatened to have THQ/Jakks, the WWE’s videogame licensee, held in contempt of the English courts if THQ/Jakks sold certain classic videogames of WWE performers because the gameplay had the former WWF scratch logo of my client embedded in the gameplay,” said McDevitt.

Around Thanksgiving, The Funds actually convinced a judge in England to stop the sales of the games and declare that THQ/Jakks and WWE would be in contempt of court if the games were sold. “The Fund did that in a proceeding we were not even a party to and sale of the games stopped,” said McDevitt.
THQ/Jakks appealed the decision and WWE intervened in the appeal. After hearing the argument, a three-judge panel reversed the trial judge, repudiated all of The Funds’ arguments, and ordered The Funds to pay the legal costs of both THQ/Jakks and the WWE, an amount likely to exceed $100,000.

Commenting on the decision, McDevitt noted that the Court of Appeals of England expressly stated that The Funds had not shown any damage whatsoever caused them by the sale of videogames and that The Funds did not have exclusive rights to the initials “WWF.” “We have said all along that The Funds have not, and could not, be damaged by anything my client has ever done, and it is a matter of record that The Funds have never come forth with proof of any monetary damage,” said McDevitt.

corporate.wwe.com/news/company-news/2003/04-17-2003

So they basically sued because they didn't want to be associated with WrestleMania X8 for the GameCube & Raw 1 for Xbox/PC.

I don't entirely blame them.

[Ringmaster]

You know what's really crazy?

Wendy's 5$ Biggie bag is both filling and affordable.

[Jedi-El of Tomorrow]

Jan 17, 2023 23:47:27 GMT -5 CMWaters said:

Now I'm not saying that this is going to happen, but I saw it when looking for something else on Google and had to throw the thought in there:

If he wanted to, and since he's bought a Vince McMahon project already, what would the reaction here be if Dwayne Johnson bought WWE?

Like I said, he already bought XFL (probably for less than what WWE would go for), and I'm sure he could get the capital for it.

Big question would be, if he did buy it, would Mr. Levesque feel comfortable with him as his boss?

Rock would need a big group of investors. He's not worth $1 billion, and WWE's valued at over $6 billion.