Whether it is a business contract or an employment contract, these agreements are entered into for a certain length of time. Once the timeframe of the agreement is up or close to being up, it is common for the parties to the agreement to come together to renew the contract. However, if the parties to the contract are unable to agree on terms or work through new or old issues, the contract might not be renewed. Such matters could stem from or evolve into a contract dispute, making it difficult for businesses in Louisiana or elsewhere to settle on a final agreement.
According to reports, WWE wrestler, Ryback, was recently pulled from television due to a contract dispute. These report suggest that Ryback was sent home due to his dissatisfaction with the direction he was going within the company and his bookings for the last three WrestleManias.
The current contract for Ryback is set to expire sometime this summer, and because the two sides have not been able to come to terms on a new deal, there are speculations that he will not be renewing his expiring contract.
It still is unclear whether Ryback decided to not wrestle on his own accord or if it was related to contract disputes between the wrestler and the WWE. Nonetheless, it is apparent that no resolutions regarding the renewed contract have been reached at this time.
Contract disputes do not only prevent the renewal of a contract, but also could disrupt the ongoing business or partnership between businesses or with an employee. Therefore, it is important to understand how to navigate through these disputes.
In most cases, the goal is to reach an agreement that is mutually beneficial for all parties involved. This will likely require negotiations to take place. However, if an agreement cannot be reached, this might require litigation.
Source: Tri-County Sun Times, “Ryback Pulled From TV Due to Contract Dispute,” Stewart Greene, May 3, 2016