Megadeth’s Dave Mustaine to Pay $1.4M to Settle Fired Ex-Manager’s Lawsuit

Megadeth and lead singer Dave Mustaine have agreed to pay $1.4 million to resolve allegations that they still owed commissions to a long-time manager after he was “unceremoniously” fired and replaced by Mustaine’s son.

The deal will resolve claims in a lawsuit filed last year by Cory Brennan and his Five B Artist Management, which alleged that Mustaine was refusing to hand over more than $1 million in unpaid commissions after abruptly terminating Brennan in early 2023.

In a filing made public on Wednesday (Nov. 13), attorneys for Brennan alerted a Los Angeles judge that Mustaine and Megadeth had agreed to pay the manager and Five B a total of $1,400,006 to end the litigation over those accusations.

The settlement will not end the dispute entirely. Mustaine countersued Brennan last year, claiming his tenure as manager had been “plagued with missteps” that caused serious harm, including damaging Mustaine’s hearing. Those claims were not resolved by the settlement and will continue to be litigated.

In a statement to Billboard on Wednesday, Brennan’s attorney, Howard King, said that while his client was “displeased at having to sue an artist,” he was “gratified” by the settlement payment.

“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,” King said. “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.”

Mustaine’s attorney, Richard Busch, did not immediately return a request for comment on the settlement.

In a June 2023 lawsuit, Brennan alleged that Mustaine had sought him out in 2014 to “manage his career and get it back on track,” following an extended downturn in commercial and critical success in which the beloved thrash metal band “seemed to have lost their way.” Over the next nine years, Brennan said he had “worked tirelessly” for Mustaine, including “helping him with his personal struggles” and successfully re-establishing Megadeth as “one of the greatest metal bands of all time.”

But the lawsuit claimed that Mustaine abruptly fired Brennan in early 2023, leaving him owed hundreds of thousands of dollars in unpaid touring commissions and hundreds of thousands more in merchandise commissions.

“Despite this success and their long-term relationship, on April 28, 2023, Mustaine, through his lawyer, unexpectedly and unceremoniously terminated Plaintiffs, stating no reason for the termination,” the lawsuit alleged. “The decision was made to help send business to Mustaine’s son, who has been trying to build a career in artist management.”

Months later, Megadeth and Mustaine fired back with a countersuit of their own, claiming that Brennan had been fired due to “repeated management failures” that had “dealt serious blows to Megadeth’s reputation and even David Mustaine’s physical health.”

Mustaine’s lawyers claimed that both sides had always agreed that each would “go their separate ways” following any split between Brennan and the band — and the lawsuit was simply retaliation because the ex-manager was “upset” that his “mishandling” of the band’s business had finally “caught up with him.”

“The cross-defendants’ unfounded claims are nothing more than an attempt to capstone their years of mistreatment with extortionate demands for money not earned by cross-defendants nor owed by cross-plaintiffs,” Busch wrote in the complaint.

Since the initial accusations and counter-claims, the case had spent months in discovery — the process of exchanging evidence in a litigation. No rulings on the merits of the cases have yet been issued.

Following the settlement of Brennan’s claims, Mustaine’s accusations of wrongdoing against him — including breach of contract and negligence — will continue toward an eventual trial.