TBA Law Blog

Posted by: Katharine Heriges on Aug 20, 2018
A judge has ruled against former Tennessee Titans wide receiver Kendall Wright in a lawsuit filed by Fantex, which sued him over back payments. The Nashville Post reports that Wright must pay the company, which sells shares in professional athletes against their future earnings, a total of more than $386,000, including damages and attorney fees. Wright was one of 10 professional athletes who served as “tracking stocks” for the company when it filed for an initial public offering in 2015.