Konnan & TNA Settle Out Of Court

In a press release to The Sun and PWInsider.comTNA anounced that have settled out of court with Konnan:

As has been reported in the press, TNA Entertainment, LLC filed a lawsuit against Charles "Konnan" Ashenoff regarding various disputes, and Ashenoff filed a counterclaim asserting various claims against TNA.

This release serves to notify the public that TNA and Ashenoff have agreed to dismiss their respective claims against each other. Richard Krumholz, TNA's attorney in the case and a Partner at Fulbright & Jaworski, indicated that "after depositions of Mr. Ashenoff and Dixie Carter, both sides determined it was best to put this case behind them."

ProWrestling.net’s Jason Powell this week reported that TNA would be paying Konnan  $500,000 as part of the settlement. Konnan, who said that TNA refused to pay for his surgery but footed the bill for Scott Steiner’s medical treatment, has confirmed the lawsuits have been dismissed but has not confirmed any money has changed hands.

-sideshowrRaheem on twitter