Ric Flair has filed a lawsuit against digital talent agency FAM Networks, seeking at least $10 million in damages.
The suit was filed September 5 in New York State Supreme Court in Manhattan and reported Tuesday, September 8, by The Independent.
Flair accuses FAM of fraudulently inducing him to sign an agreement that allegedly granted the company rights to his name, image, voice, and social media accounts. The WWE Hall of Famer told the outlet he has already lost at least $250,000 in revenue because of the deal.
According to the lawsuit, FAM promised to secure speaking engagements, appearances, and other projects for Flair, as well as recover and monetize his Facebook page. The agreement called for Flair to receive 90 percent of the revenue from appearances and personal projects, 50 percent from collaborative projects, and 10 percent from passive content.
However, Flair alleges that the company failed to book any speaking engagements or appearances and simply reposted existing content. The complaint also alleges that FAM generated as much as $20,000 a month from his Facebook page while paying him next to nothing.
In addition to damages, Flair is asking the court to rescind the agreement, return control of his Facebook page, and declare that FAM has no rights to his name, image, or likeness. He is also seeking a full accounting of the revenue generated through the use of his identity.
His demands include at least $5 million for breach of contract and another $5 million for fraudulent inducement. Flair is also seeking unspecified damages for violations of New York Civil Rights Law and interference with prospective business opportunities, along with the return of any money FAM improperly obtained, attorneys’ fees, and court costs.
FAM describes itself as a talent management agency and media company specializing in influencers, offering services that include sponsorships, licensing, merchandising, and business planning.
One of Flair’s arguments centers on another lawsuit against FAM that predates his agreement. On February 3, 2025, American ufologist and retired physician Steven Greer sued the agency in New York over its management and monetization of his social media presence, including allegations that it failed to meet its payment obligations.
According to Flair’s complaint, he received FAM’s contract at 5:57 p.m. on December 5 of that year and signed it at 6:11 p.m., just 14 minutes later. Flair says no attorney reviewed the document on his behalf, even though the contract itself stated that the agreement had been negotiated with legal counsel.
“What FAM did was simple: it waited until he needed help managing the digital legacy of everything he had built, presented him with a document he was not equipped to understand, told him he had lawyers when he did not, gave him fourteen minutes to read it, and walked away with a perpetual license to his identity.”
On June 25, 2026, the Appellate Division of the New York State Supreme Court upheld a ruling denying FAM’s bid to dismiss Greer’s breach of contract claim. The decision did not address the merits of the allegations against the agency, but it confirms that the lawsuit cited by Flair existed and remained active at that point.