A federal judge in Illinois has refused to throw out the RICO lawsuit Mike Tyson and Ric Flair filed against their former cannabis business partners, TMZ Sports reported on Nov. 6. The case, which seeks more than $50 million, will move forward.
Tyson and Flair sued their former cannabis business partners in December 2025, accusing former Carma executives Chad Bronstein, Adam Wilks and Nicole Cosby, and two other defendants, of fraud and self-dealing. The defendants filed a joint motion to dismiss in May and have denied the claims. Jonathan Cyrluk, attorney for Bronstein and Cosby, told Front Office Sports at the time that the complaint was “fiction dressed up as a lawsuit.” A rep for Tyson 2.0 called the ruling “a significant development” for the plaintiffs.
Part of the complaint involves AEW. PWInsider reported that it alleges Bronstein committed Carma to a $1.5 million sponsorship tied to Flair’s Wooooo! Energy drink without authorization, and that Flair never agreed to the terms. AEW is not a defendant. Flair debuted on AEW Dynamite in October 2023, and a multi-year Wooooo! Energy deal was announced that November. By mid-2024, Fightful Select reported the sponsorship had fallen through.
Tyson 2.0 lost a round in Delaware on Oct. 23, when Vice Chancellor Bonnie David affirmed a ruling that the company must advance legal expenses to Bronstein, Cosby and Wilks for defending the Illinois cases. The same three sued Tyson 2.0 there in February for access to its books and records, according to Front Office Sports.
Tyson and Flair are seeking tens of millions of dollars, according to TMZ.
