08.19.08
FORMER MANAGER SUING FATOR

It is awfully suspicious that one of his puppets told a joke that went “Breachofcontract who?” (Via myspace.com/terryfator)
According to court documents obtained by TMZ, former manager John Raymond is suing Terry Fator for breach of contract and wants a 20 percent piece of Fator’s $100 million pie — plus damages. Fator has a five-year deal with The Mirage to replace Danny Gans. The case was filed Aug. 14 in the Eighth Judicial District Court.
Here’s how the suit breaks down: Raymond claims that Fator was struggling with his puppets and painting houses in the winter to make ends meet in 2003. He hired Raymond to be his manager and on Aug. 15, 2005 signed a five-year deal that called for Raymond to get 20 percent of Fator’s gross. Raymond was able to get Fator enough work that he could get out of the paint game and focus just on ventriloquism — in part by making the suggestion that Fator incorporate celeb impersonations in his act. Fator’s newfound success forced Raymond to drop any other clients, but it paid off because in Aug. 21, 2007, Fator won America’s Got Talent. Raymond and his wife moved from Montana to Vegas.
The suit goes on to say that on Nov. 27, 2007, Fator fired Raymond as his manager and demoted him to merchandise administrator and cut off the payments on the 20 percent gross because Raymond was “too nice” and Fator needed a “bastard” as a manager. Then on May 15, Fator signed his big deal with The Mirage. On June 6, Raymond was fired from the operation entirely. While all of this will be settled in the courts, it does kind of tempt us into getting into the management game where being a bastard isn’t just accepted, it’s encouraged.
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Tags: mirage, terry fator



