Nick Cannon is reportedly ready to file a massive lawsuit against ViacomCBS for terminating his contract following anti-Semitic remarks.
The Shade Room broke the story, Nick’s team says the entertainer plans to bring the suit against his former employer in the near future. The outlet says Nick will be seeking $1.5 billion in damages, which is the estimated value of his show “Wild’ N’ Out’”
Nick’s team told TSR, “It is just that simple, ‘Wild’N Out belongs to Nick. The show was created by Nick Cannon with his idea and original thought. Wild’N Out has brought billions of dollars in revenue to Viacom since 2015. And Nick deserves and has earned everything it is worth.”
Further, “From the platforms, he provides for other entertainers, the jobs he creates for black youth, the time he gives to mentoring incarcerated men and women, to the money he gives back and puts into communities, homelessness, and people less fortunate. He is constantly evolving both spiritually and mentally, as well as, taking action in learning, education and bridging the gap within the Jewish and African American communities, so that it will allow us to build relationships, work together and learn from each other in order to move forward in equality.”
Nick’s team says he plans to use the money from the lawsuit to donate to underserved communities, “as well as creating psychological programs, youth organizations, and developing inner-city communities.”
A rep for Nick told TSR, “If Viacom believes in growth, equality, education, then Viacom will do what is right and pay Nick what they owe, and giving him his $1.5 brand.”
As The Blast previously reported, ViacomCBS cut ties with Nick following comments he made on his podcast. Nick spoke out against the company following his termination. In the weeks since Nick has tried to show he is educating himself on matters and making an effort to learn about his mistakes.