WWE & Panini Reach Settlement In Breach of Contract Lawsuit
WWE and Panini reach a settlement
Nov 16, 2023
A legal dispute between WWE and Panini has been settled.
Panini had been WWE's trading card partner since 2021 but WWE suddenly terminated their agreement in August, claiming a breach of contract violation from Panini. WWE claimed within the termination letter that Panini had not engaged in "good faith efforts" to use the WWE license to "exploit" digital trading cards and physical trading card games.
Panini denied this was the case, citing the launch of WWE Prizm in April 2022 and the game "Box Wars/Pack Wars" that was playable with Panini's WWE trading cards.
Panini countersued WWE, stating the agreement was terminated with "no warning whatsoever." The case has since been dismissed after WWE and Panini informed the court they had reached a settlement in principle. The case was dismissed without prejudice which means it could be refiled at a later date.
Fanatics is expected to become the exclusive producer of WWE trading cards, with the original deal set to come into effect in 2026 before the sudden termination of Panini's contract.
