Ric Flair is broke and is selling his likeness to anyone that will pay for it

When I was a kid and still to this day, I tended to prefer the bad guys or "heels" in professional wrestling. Ric Flair is likely my favorite wrestler of all time and to this day I feel as though especially his performance on creating a character and having perfect microphone skills are basically unmatched by anyone else before or after him.

This is a big part of the reason why I find his continued financial problems and the fact that he is prostituting himself out for anything and everything that can make him some money, just seem so tragic.


image.png
src

Most wrestlers hang up their trunks a long time before Ric has and it is just shocking to me that just a few weeks ago Flair actually wrestled his "last match" at the age of 73. I didn't see the match and it was on a really minor circuit, but I would be willing to bet that it was not the most acrobatic of performances. While I am sure a lot of people turned up to see it I feel as though not just this, but for many years before now, that Flair has been seriously tarnishing his reputation as a legend of the sport.

The thing is, the guy doesn't have any other choice. Despite being one of the most recognized personalities of the sport EVER, this guy is broke. There is a really good chance that despite his exposure, if you own a house in a suburb somewhere in the United States, you might have more wealth than Ric does.


image.png
src

Like a lot of the famous old timers of WWE and NWA, Ric's lifestyle outpaced the amount of money that he was actually making. Even though he was a massive draw at house shows and pay-per-views through a career that spanned 50 years, he wasn't really making that much money to begin with and his made up character of the "jet-flyin' limousine-ridin' WOOOO, son of a gun" was an expensive farce to keep up with that normally resulted in him spending far more money than he was making.

Although a lot of this is kept under wraps, it is estimated that Flair owes nearly $300 thousand in taxes as well as nearly $2 million for a yet unpaid heart surgery bill back in 2019.

Ric has been very active in merchandising and this has made him a fair bit of money but once again, he is so far behind on what he owes, that he will likely be continuing to milk his fame for all it is worth until the day that he passes on.


image.png

His social media feeds are kind of sad because he seems to be willing to sell his name and likeness to anyone that will pay for it. At one point I remember that he was selling Father's Day phone calls for $100 a pop. I paid for this to have my own father called by "Nature Boy" and sadly, my father at the time had no idea who he was talking to on the phone for 1 minute before hanging up.

These days Ric is getting involved in all sorts of things for compensation that I can't really find. Most recently he has his own marijuana brand called Ric Flair Drip.


image.png

Ric has never been a weed icon, but here he is promoting this brand that I know nothing about. He does seem an unlikely face for the brand but I hope he can get some money out of this.

It seems unbelievable to me that a man that once commanded an annual salary of $700 thousand is so broke that he has to resort to anyone and anything in order to make ends meet and the casual and fun way that he handles any public appearances is likely all a front and the reality of it all is probably that there is a very depressed and unhappy man turning up to these things in borrowed clothes and Rolex watches.

At one point Ric had to resort to selling personal memorabilia including his iconic robes in order to pay his bills and although it is only an estimate, certain publications claim that one of the most famous wrestlers of all time actually has a negative net worth.

This is just so tragic to me but then again, he's certainly not the only one. For every "The Rock" and "John Cena" success story out there, there are 100's stories of destitution and depression amongst once world-famous wrestlers who were simply left behind by the industry that they helped build. I kind of expected this of minor stars or people that were a flash in the pan as far as success is concerned but I personally can't believe that this has happened to one of the biggest names that the sport has ever known.

I hope that these latest endorsements can make him some money because it is so sad to me that an icon like this can end up so destitute in his older years. I hope that the younger generation of wrestlers out there can learn from this an avoid making the same mistakes.



0
0
0.000
12 comments
avatar

Wow. I would never have guessed this. It's quite disheartening to see these stars who graced our tvs and gave us good entertainment having to resort to scraps in order to survive.

I remember watching the Figo Affair and seeing Futre telling Figo that it's all about the money because when you retire, no one cares about you anymore and this is very true.

But sadly many of these athletes still won't learn to be judicious with the money they earn at their peaks. I hope he eventually sees a way out.

0
0
0.000
avatar

Naitch is running out of time. It's pretty sad. The industry still cares about him but he burned a lot of bridges in his prime. I guess that is why he is the doing things like selling weed now.

0
0
0.000
avatar

When you say he burned a lot of bridges, what do you mean??

0
0
0.000
avatar

He ticked off a lot of people when he was bouncing back and forth from WWF to WCW and even doing things like stealing the championship belt and taking it to WWF and refusing to give it back. Later he would bounce back to WCW during the Monday night wars and this pissed off Vince. When WCW went under Ric had to take a huge pay cut to get hired again by then WWE despite being a huge name in the biz.

0
0
0.000
avatar

Terrible as I even know this wrestler and I never watched it. His name is long past it's sell by date and sad to see this happening to someone who was loved by so many.

0
0
0.000
avatar

Well at least he is able to pull it off. To me it is just a tragedy that one of the most famous guys in the sport after a successful career spanning 50 years has less money than most "normal" people.

One of his famous lines was "I won't set foot on a commercial airplane" but I'd bet that isn't true anymore :)

0
0
0.000
avatar

The last match that Ric did was done by his son-inlaw Conrad Thompson.Conrad does a podcast with Tony Schiavone. Your also leaving out the divorce's from his four wives. Which i'm sure came with a hefty price tag. If you know or don't know Conrad is married to Ric's daughter Megan. I too followed wrestling at a young age. Up here in Canada we had All Star Wrestling from Vancover BC Canada.that was in the 70's.Then in the 80's while living in Calgary there was Stampede Wrestling .Stu hart;s local promotion.I did watch Verne Gagne's AWA wrestling.Some WCW.Then when WWF came about we watched it only came on Saturdays.

0
0
0.000
avatar

I wasn't able to watch WWF at all as a kid because we only had basic cable. Ted Turner's TV company that I can't remember the name of, aired what was then called NWA so that was the only real exposure I got to the sport. If I ever saw a WWF match at all it was on a VHS cassette of something that happened a long time ago.

The marriages couldn't have helped his pocketbook, that's for sure. Tony Schiavone is a legend in commentary man, I love that guy.

0
0
0.000
avatar

Ted Turner's wrestling company was called WCW.

0
0
0.000
avatar

Correct, I was referring to his television company though. I had a think about it and it was called TBS or Turner Broadcasting Company. The NWA became WCW later or at least WCW absorbed all of their top talent and made it much, much larger. I recall NWA events that were televised having a studio audience of maybe 100 people. It's kind of funny to think about it being that small of an event these days.

They were funny because the stars would be wrestling jobbers you have never heard of and the stars were obviously going to win yet we all still tuned in!

0
0
0.000
avatar

I really hope things get better for him, but from what I understand he will spend whatever he gets on his fans and to go out :( ... Until he decides to change that, I'm not sure if anyone can help him 😢

0
0
0.000