On June 23, 2016, Freeman filed a $250 million lawsuit against the Nashville Predators and Cigarran. His claim was that his ownership stake has been improperly diluted by Cigarran failing to notify him of capital calls, and that he had not received loan guaranty fees that the ownership group had agreed to pay him. The lawsuit stated that Freeman initially owned a 48% share, while the holding company for the Nashville Predators stated that Freeman controlled less than 1% of ownership in the team at the time of the suit. This dilution was exacerbated by the existence of two classes of investments in the Predators: the common units owned by Freeman were subject to capital calls; the Series A units originally owned by Del Biaggio and his minority partner were not subject to capital calls.