🔥 “Nature Boy” vs. The Boardroom: Ric Flair & Mike Tyson Ignite a $50 MILLION Cannabis War That No One Saw Coming
When two of the toughest legends in sports history team up, you expect chaos.
But this time, Ric Flair and Mike Tyson aren’t throwing punches—they’re throwing lawsuits.
In a stunning twist straight out of a Hollywood script, the WWE Hall of Famer and the former heavyweight boxing king have reportedly taken legal action that’s rocking wrestling, boxing, and the cannabis business all at once.
According to the New York Post, Flair and Tyson have filed a massive 76-page lawsuit in Illinois against executives from their former cannabis company, Carma HoldCo Inc., accusing them of orchestrating a secret $50 million financial scheme behind their backs.
And the allegations? They’re explosive.
🚨 Inside the Lawsuit That’s Shaking Multiple Industries
The lawsuit names former Carma HoldCo executives Chad Bronstein, Adam Wilks, and Nicole Cosby, and the claims read like something straight out of a crime drama.
Flair and Tyson allege the executives were involved in:
- Wire fraud
- Embezzlement
- Money laundering
- Securities fraud
- Extortion
- And even RICO violations, a law typically used in organized crime cases
According to the filing, the executives allegedly bled the company dry while keeping the celebrity partners completely in the dark.
💰 “Personal Piggy Bank”: Where the Money Allegedly Went
This is where the story gets jaw-dropping.
The lawsuit claims Bronstein and Wilks treated company funds like their own personal ATM, allegedly spending over $1 million on luxury perks, including:
- Private jet flights without authorization
- Yacht-related expenses
- Home renovations
- A personal mortgage payment
- High-end meals, luxury travel, and bloated executive bonuses
One line from the filing reportedly sums it up best:
Carma HoldCo was allegedly used as a “personal piggy bank.”
⚖️ $50 Million on the Line—and This Is Just Round One
This is a civil lawsuit, not a criminal case—for now. But the financial stakes are enormous.
Flair and Tyson are seeking:
- $50 million in damages
- Coverage of legal fees
- A jury trial
They’ve also reportedly enlisted powerhouse law firm Willkie Farr & Gallagher LLP, a clear signal that this fight is being taken very seriously.
🗣️ Executives Fire Back: “Pure Fiction”
The accused executives aren’t backing down.
Adam Wilks’ attorney, Terry Campbell, slammed the lawsuit, telling Front Office Sports that the claims are “without substance” and simply an attempt to pressure Wilks into paying money he doesn’t owe.
Another defense attorney, Jonathan Cyrluk, didn’t hold back either—calling the complaint “fiction dressed up as a lawsuit” and accusing Flair and Tyson of trying to shake down the defendants before even stepping into court.
🧨 A History of Legal Drama
This isn’t the first time Carma HoldCo has been surrounded by controversy.
The company previously sued Chad Bronstein after his departure, alleging that he and Nicole Cosby stole the concept behind Hulk Hogan’s “Real American Beer” brand—adding yet another scandal to an already tangled legal web.
đź‘€ What Happens Now?
With two of the most iconic names in sports-entertainment history on one side—and aggressive counterclaims on the other—this case is shaping up to be one of the messiest and most high-profile celebrity business battles in recent years.
Settlement or courtroom war? No one knows yet.
But one thing is undeniable:
This fight is only getting started—and the fallout could hit the cannabis industry just as hard as wrestling and boxing ever did. 🥊🔥
