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Big Show in a Big Lawsuit!
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Old 18 Jun 2009, 09:26 AM   #1 (permalink)
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Default Big Show in a Big Lawsuit!

A lawsuit was filed yesterday by SoBe Entertainment International against Paul "Big Show" Wight, his wife Bess and World Wrestling Entertainment. SoBe Entertainment claims to have signed Wight to an exclusive contract with SoBe to "to act as a performer, entertainer, actor, boxer, wrestler, athlete and celebrity person for a five-year period covering March 1, 2007 through February 27, 2012." They are seeking $15 million in damages. Sobe says that when Wight returned to WWE in 2007 that the company has "tortuously interfered with the contractual relationship". Sobe claims the following

* In 2007, Sobe met with Wight, his wife Bess and Hulk Hogan regarding him becoming a boxer.

* Wight promised to be "managed exclusively" by their organization if they would advance costs for his boxing training.

* SoBe claims that in total they fronted the Wight's $2 million between salary and an advance of $1 million for the purchase of a Miami, Florida home. (They felt that they would recoup the money from his boxing earnings.

* Sobe says that Wight used the Miami property to escape back tax issues, attain a line of credit and then they say that he failed to execute a second mortgage, which was an agreement he had with the company.

* November 2007, Wight states he will go back to WWE and will "no longer honor or otherwise fulfill his obligations under the contract".

* Sobe says that the WWE angle with Floyd Mayweather Jr. was based on the public knowledge that Wight was training for boxing.

* Sobe says a letter to WWE was sent, claiming that WWE was interfering with SoBe's contract with Wight, and requested that WWE cancel the Wrestlemania bout with Mayweather be cancelled.

* Sobe claims that WWE "WWE handsomely profited at the expense of SoBe" at WrestleMania XXIV, XXV and "at least seven other PPV events".

* Sobe says that WWE is aware of the breach of contract, but chose to ignore it.

* Sobe is seeking from Wight: the initial $2 million investment, for a lien to be placed on the Miami home, that it be sold in foreclosure and Sobe given the funds of the sale, and court costs.

* Sobe is seeking from WWE: lost profit damages, compensatory damages, and punitive damages.

* Sobe requests a jury trial.

* WWE nor Paul "Big Show" Wight have responded.

Yeah. Looks like Big Show is in Big Shit! I dont guess he will be retiring anytime soon, seeing the money he is going to have pay with this lawsuit.
Because Im that Damn Good!

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