As reported earlier, WWE made the decision recently to cut Hall of Famer “Superstar” Billy Graham (Wayne Coleman) from his $500 per week contract with one year remaining on it due to the company doing some cost cutting.
The Wrestling Observer/Figure Four Online reports that a short time later, Graham received a letter from WWE that stated the company claimed ownership to his name and gimmick and that he could no longer use it any longer.
This obviously caught Graham by surprise since he felt he owned the rights to the name. In response, Graham decided to cancel a public appearance in the Boston area in fear of legal threats from WWE. It turns out Graham was right as WWE contacted him this morning and told him that he does own all the rights to his three wrestling names that include Wayne Coleman, Billy Graham and Superstar Billy Graham.