Quote:
Originally Posted by Slik
That is so strange, re: live shows.
There's no way WWE wouldn't have legal rights to avoid this, as there is no precedent for this scenario. Also strange bc spoilers weren't leaking - in fact, less is known about what will happen onscreen now than ever before.
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There's one of a few likely scenarios, including:
1. there's almost assuredly a force majeure clause in the contract, that may or may not expressly include this very specific or a similar scenario of a pandemic and/or a gov't. prevention of live events, which would result in either,
a) WWE being paid much less than what they can survive on for airing non-live RAW/SD or "other" programming, or,
b) the contract is now void, and/or will be ordered by a court to be re-negotiated (which the result would almost definitely need court approval), or (even) re-written by the court which would likely result in much less $ or $0 for WWE due to the situation, including less/lack of ad revenues & WWE's inability to put on live shows, etc., or...
2. even without a force majeure clause, due to the situation, including less/lack of ad revenues & WWE's inability to put on live shows, etc., the contract is now or would be deemed void by a court, and/or will be ordered by a court to be re-negotiated (which the result would almost definitely need court approval), or (even) re-written by the court which would likely result in much less $ or $0 for WWE, or...
3. (worst case for WWE) the contract contains a liquidated damages clause, which says that if WWE cannot or fails to perform under the terms of the contract (i.e., WWE is in breach of contract for failure to provide the minimum # of live broadcast shows) regardless of fault, inability, or governmental prevention, etc., WWE will actually owe USA & Fox a minimum and/or maximum amount of $ (likely millions regardless, but possibly calculated/limited by the # of shows impacted) and USA will owe WWE little or nothing in comparison.