“The Nature Boy” Ric Flair may be out of in-ring competitionbut she is now fighting a digital agency, FAM Networks, who she claims defrauded her by signing away the rights to her image and likeness.
according to a new lawsuit obtained by The IndependentFlair signed a contract with FAM Networks just 14 minutes after receiving it, despite allegedly not having legal counsel to review the contract. Flair’s complaint further alleges that the deal signed away extensive rights to his name, likeness, likeness, voice, social media accounts and commercial identity.
“What FAM did was simple. waited until he needed help managing everything he had built, presented him with a document he couldn’t understand, said he had lawyers when he didn’t, gave him fourteen minutes to read it, and walked away with a perpetual license to prove his identity,” the complaint states.
The Independent reached Flair by phone, where he said he “wants to bury” FAM Networks, claiming he lost at least $250,000 in revenue. Flair intends to fight to regain control of the name he spent decades building, while also hoping that his case will ultimately benefit others who have faced situations similar to his experience with FAM. The Independent said they tried to reach FAM Networks through five different departments, but all their messages were returned as undeliverable.
Ric Flair’s deal with FAM Networks runs through 2025
According to Flair, FAM Networks took control of his Facebook page and banned his team from it. The deal dates back to December 2025, and the complaint alleges that Flair received the agreement that same month before finally signing it.
The complaint alleges that FAM was aware that Flair did not have an attorney, but included a clause stating that he did. FAM allegedly offered Flair a series of speaking engagements and appearances from which he would receive 90% of the proceeds, along with other collaborative projects and social media opportunities that were expected to generate six-figure monthly income. “They were not aspirations,” argues the complaint. “They were contractual obligations.”
Furthermore, Flair’s complaint alleges that FAM never fulfilled any of its obligations while making around $20,000 a month rich by monetizing its Facebook page.
“(Flair) is now asking a judge to void the agreement with FAM, to order that he be given back control of his Facebook page, a declaration that FAM has no rights to his name, likeness or likeness, and ‘a full accounting of the revenue generated in his name,'” writes the Independent.
Flair is also seeking at least $10 million in damages. At the time of writing, a trial date has not yet been set.
This is the second major lawsuit Flair has filed in recent years, following a $50 million federal civil suit. Former executives and partners of Carma HoldCo Inc.where Flair and Mike Tyson claimed they were the victims of a racketeering and fraud scheme.
