Tag

Contract Termination

All articles tagged with #contract termination

Major Sports Teams End Contracts with FanDuel and Main Street Sports

Originally Published 4 days ago — by Bless You Boys

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Source: Bless You Boys

Nine Major League Baseball teams, including the Detroit Tigers, have ended their contracts with FanDuel Sports due to financial uncertainties surrounding Main Street Sports, FanDuel's parent company, which is facing bankruptcy risks. The league is considering taking over broadcasts to avoid revenue loss, and teams are exploring options like moving broadcasts to MLB Media or other buyers like DAZN or FUBO. The situation creates uncertainty for future broadcasting deals and free agent negotiations, but teams may re-sign with FanDuel if issues are resolved.

NewJeans Faces Lineup Changes Amid ADOR Contract Disputes

Originally Published 14 days ago — by 조선일보

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Source: 조선일보

ADOR, the agency of NewJeans, announced the termination of Danielle's contract following a court ruling confirming the validity of the group's exclusive contracts, while Hanni decided to continue with ADOR after discussions, and Minji is still in talks with the agency. The agency expressed intentions to resolve misunderstandings and support the members' activities.

NewJeans' Danielle Leaves Group Following Contract Dispute with ADOR

Originally Published 14 days ago — by 조선일보

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Source: 조선일보

NewJeans member Danielle has left the group following the termination of her exclusive contract with ADOR, which cited difficulties in her continuing as a member and plans to address related disputes and misunderstandings. The agency highlighted ongoing discussions with other members and their families, with some members choosing to continue with ADOR after thorough conversations, while Danielle's departure was deemed necessary due to unresolved issues.

WWE Releases Ridge Holland Amid Controversy and Fan Backlash

Originally Published 2 months ago — by WrestleTalk

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Source: WrestleTalk

WWE has terminated the contract of wrestler Luke Menzies (Ridge Holland) early, citing his recent social media posts as a breach, despite his ongoing recovery from surgery. Menzies expressed frustration over the decision, which was made before his contract's original expiration date of November 14, and he will not receive payment for the remaining days. WWE is covering his medical expenses, but he considers that the minimum support. Menzies has been with WWE since 2018.

Applegreen withdraws from Massachusetts highway service plaza project

Originally Published 3 months ago — by CBS News

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Source: CBS News

Applegreen, the winning bidder to redevelop 18 highway service plazas in Massachusetts, has dropped out of the project due to unresolved negotiations, legal costs, and litigation threats from a competing bidder, leading MassDOT to seek a new partner to complete the redevelopment.

DeMarcus Cousins Suspended for Season After Fan Confrontation in Puerto Rico

Originally Published 7 months ago — by ESPN

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Source: ESPN

DeMarcus Cousins was suspended for the rest of the season and had his contract terminated after a brawl with fans during a game in Puerto Rico, where he also received a fine and faced further penalties. The incident involved obscene gestures, arguments, and physical altercations with fans, leading to his ejection and disciplinary actions by the league.

NewJeans Departure from ADOR Sparks Major Financial Impact on K-Pop Industry

Originally Published 1 year ago — by soompi

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Source: soompi

The K-pop group NewJeans has officially terminated their contract with ADOR, citing the agency's breach of contract and failure to address issues raised by the group. The members, Minji, Hanni, Danielle, Haerin, and Hyein, announced that they will continue their activities independently, free from ADOR and HYBE. They emphasized that the decision was made after ADOR's repeated evasion and lack of genuine communication, and they assured fans that they will continue to produce music while fulfilling any remaining obligations.

NewJeans' Departure Sparks Controversy and Financial Fallout for Hybe

Originally Published 1 year ago — by Koreaboo

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Source: Koreaboo

NewJeans announced the termination of their contract with ADOR, citing breaches by the label and stating they are not liable for penalty fees. This move, which bypasses the usual legal injunction process, has sparked mixed reactions. Some legal experts support NewJeans' strategy as smart, while public opinion is divided, with some viewing the decision as impulsive and others as justified. The situation now requires ADOR to take legal action if they wish to contest the termination.

K-pop Giant's Value Plummets Amid NewJeans Departure

Originally Published 1 year ago — by CNBC

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Source: CNBC

South Korea's largest K-pop agency, Hybe, lost over $423 million in market value after the girl group NewJeans announced their departure from Hybe's sub-label ADOR, citing contract breaches and mistreatment. The announcement followed a management dispute and legal notice from NewJeans demanding changes, including the reinstatement of former ADOR CEO Min Hee-jin. The group's exit has significantly impacted Hybe's stock, which has already been under pressure due to industry-wide challenges and reduced profitability.

Hurricanes Waive Kuznetsov Amid KHL Return Reports

Originally Published 1 year ago — by NHL.com

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Source: NHL.com

The Carolina Hurricanes have placed forward Evgeny Kuznetsov on unconditional waivers to terminate his contract. Kuznetsov, acquired from the Washington Capitals in March, played 20 regular season games and 10 playoff games for the Canes. Both parties agreed that this was the best decision moving forward.