Dave Mustaine of Megadeth and his former manager have reached a $1.4 million settlement

Dave Mustaine, the creator of Megadeth, has consented to pay Corey Brennan, his former manager, $1.4 million USD to resolve a lawsuit. After Mustaine sacked Brennan, the founder of 5B Artist Management, in April 2023, Brennan sued Mustaine. Brennan asserted that the dismissal was carried out “unceremoniously” and without explanation. Additionally, Mustaine sacked Brennan, according to Brennan’s legal team, so that his own son, Justis Mustaine, could take over as band manager. Brennan claimed that unpaid commissions for touring and merchandise for his work with the band were more than $1 million. According to a document made public on November 13th, Mustaine and Brennan have reached a settlement that would see Mustaine pay $1,400,006 to his former manager, according to Billboard.

Dave Mustaine, who has a known history of firing advisors, terminated Five B Artist Management after 9 years of their having resurrected his failing career. Ignoring the success Five B had helped Dave achieve, including a campaign to help him win his first Grammy, the release of two hit albums, and the elevation of his touring from small clubs back to arenas and amphitheaters, Dave simply refused to pay commissions owing and forced 5B to file a lawsuit. Howard King, Brennan’s representative

Since 2014, 5B Management had been working with Mustaine and Megadeth. This settlement did not address Mustaine’s own countersuit against Breenan and company, but it did address the court files made against Mustaine by Brennan and his firm. During Brennan’s time in charge of the band’s career, Mustaine claims that there were numerous “repeated management failures” that “dealt serious blows to Megadeth’s reputation and even David Mustaine’s physical health.” One of those allegations is that the experienced singer/guitarist’s hearing has been harmed. Mustaine’s complaint is presently pending trial for his alleged negligence and breach of contract.