Yellowstone star Kevin Costner and his production company, Tig Productions, is suing Jim Wilson, his former business executive, for $15 million.
In court documents obtained by The Blast, Costner detailed his former relationship with Wilson. The star revealed that the two met in 1983 during a casting call. Under Wilson’s advisement, Costner landed his first lead role, and in 1991, Costner hired Wilson at Tig Productions as Executive VP.
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Costner supported the establishment of Good Ones Production, Inc, and Wilson allegedly failed the company over the past 25 years. Documents stated:
“[Wilson] failed to follow corporate formalities, never provided any financing to GOP, never appointed officers, never materially developed GOP’s projects and was not involved in GOP’s major decisions.”
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Costner’s representatives asked Wilson to sign an agreement in July 2020, which would transfer bare legal ownership of GOP stock to Costner. The actor claims that Wilson violated agreements by holding GOP and Tig Productions hostage for $250,000. He also alleges that Wilson did not consent to the arrangement of signing stock back into Costner’s name, which has caused the actor damages in the sum of $15 million.
Costner maintains that he is the rightful owner of GOP, including all of the assets, but Wilson allegedly is demanding $500,000 to sign stock agreements.
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It looks like Wilson’s longtime partnership with the Yellowstone star has reached the end of the road.
You can watch Costner talk about his hit show in the video below.