Source: Mike Johnson of Pro Wrestling Insider

Ring of Honor has filed a lawsuit against Ric Flair, alleging that Flair owes the company over $40,000. The suit was filed this past Thursday in Bucks County, PA.

ROH says that Ric Flair was signed to make five appearances for the company, at $10,000 per appearance. Flair did not make the appearance in Montreal in July of 2009, and failed to repay the $10,000 that was paid to him for the event. Also, the suit alleges that Flair came to terms with the company to appear in an authority figure role on the ROH TV show. Flair was paid $35,000 for the TV appearances and only made one appearance. The second taping is when Flair showed up, and made a brief announcement to the crowd that he was resigning due to his relationship with WWE.

The belief was that Flair was going to use his relationship with ROH so that his son Reid could work there and continue his pro wrestling education. Those plans never happened, due to Reid being arrested on several drug charges last year. At this time, ROH has made no official comment on the deal.

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