TMZ.com had a story on Steve Austin being sued by a person by the name of Tracy Von Vechery for $1,000,000. It appears that a movie partnership was broken between Vechery and Austin/TAG Entertainment. Von Vechery apparently loaned a corporation called TAG Entertainment Inc. $1,000,000 in exchange for a percentage of gate receipts for a set number of years. Von Vechery is suing for whatever a court deems appropriate, plus 10 percent annually. TMZ reported “Wrestling legend is getting sued over a financial deal which is more complicated than anything we’ve ever seen. If you’re interested, read it and — good luck.” The story was later pulled from the website for whatever reason.
WWE announced yesterday on the company website that there was going to be a “blockbuster announcement” at the press conference held earlier today at the Staples Center in Los Angeles. There was nothing of the sort as the only thing talked about was ‘McMahon’s Million Dollar Mania’.
It was noted at the press conference that 300,000 people signed up last night for the contest on the website.