A smattering of reports this week have claimed that Nick Cannon is planning to file a $1.5 billion lawsuit against ViacomCBS for the rights to "Wild 'N Out," an MTV show he created.
TMZ claims those reports are blatantly false.
Nick was fired by ViacomCBS — which owns MTV — on July 14 after he made controversial comments on his podcast that were widely viewed as vile and anti-Semitic. While speaking on his podcast, "Cannon's Class," Nick called white people "savages" and "barbaric." Following the comments, ViacomCBS said Nick had been dropped.
Nick soon lashed out at ViacomCBS and demanded an apology, which he never got.
Now, his team tells TMZ that Nick is focused elsewhere and has no plans to battle the media conglomerate in court over "Wild 'N Out," the long-running improv comedy series.
"Nick is focusing on bringing people together and fighting bigotry, racism and hate," TMZ said, citing Nick's rep, adding "a huge payday is the last thing on his mind."
At the time of his firing, Nick argued that ViacomCBS was trying to "make an example of an outspoken Black man." He maintained that the company was on "the wrong side of history."
He later sent out some cryptic tweets and disturbingly listed his location as "Heaven."
Nick would later issue an apology for his comments, which reportedly saved his job as host of Fox's "The Masked Singer."