Sports: Singer Paul Anka has settled a...
Sports: Singer Paul Anka has settled a nasty legal dispute to the tune of a possible $1.07 million in his favor. Anka, known for such hits as “Diana,” “Put Your Head on My Shoulder” and “Having My Baby,” will receive $525,000 over two years from Terrace Corp., his partner in the Ottawa Senators National Hockey League franchise. Anka and Terrace accused each other of breaching an agreement stemming from a 1991 deal in which Terrace brought Anka into the team as an investor for his publicity value. Anka stands to receive an additional $547,000 if Terrace decides to buy out Anka’s 5% interest in the team, and Anka is also relieved of various personal appearance obligations. A native of Ottawa, Anka says he now wants to help the team any way he can. “Granted, the team is in last place, but it’s a young team,” he said in an interview. For its part, Terrace can now proceed with building a new stadium without Anka’s lawsuit clouding its future.
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