NWHL declines to respond to claims regarding reported investment
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The NWHL has declined to respond to claims regarding former chief marketing officer Mike Moran’s reported investment in the league’s first season.
In a statement released Monday, league officials said that they “cannot respond to unfiled, potential legal action” because it would “be public record” if “any party should choose to pursue legal action.”
According to Excelle Sports’ Meg Linehan, Moran is threatening to sue the league if it does not reimburse him for the amount of $184,971.10, which Linehan also reports is actually less than his nearly $200,000 investment in the NWHL’s development. Moran originally gave the league an April 22 deadline to repay him or receive a grant of extension before pursuing legal action.
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Linehan reports that the league, which claims Moran was a volunteer and not a formal investor, has not yet repaid or communicated with him regarding the matter.
The league has been embroiled in controversies this year following exits from higher-ups and a flurry of financial calamities.