BJPENN COM

Bellator

Tuesday, 01/08/2013, 05:36 am

Comments

Dollar For Dollar, Word For Word: Bellator Boss Says They Matched UFC’s Offer To Alvarez | MMA NEWS


“I’ve got wild respect for Ed. In our contract with Ed, exactly like the UFC has in their contracts, we have the right to match. Ed went out and got an offer from the UFC, and we took a look at that offer, reviewed it for about eight days, and decided to match it dollar for dollar, deal point for deal point, term for term. We matched every single element of it, word for word.

We matched the deal, and literally just signed it and sent it to him. Because that’s what our contract requires us to do, we matched it and sent it to him signed. So if he were to send it back signed, we’d be off and running and we could start looking at scheduling; we could start figuring out what’s next immediately.

……

“I will tell you point blank, no questions asked, we matched it dollar for dollar, term for term and section for section,” he said. “To avoid any kind of ambiguity, let me make clear, we took the UFC contract, we took it out of the PDF format, we changed the name ‘UFC’ to ‘Bellator’ and we signed it. We didn’t alter a word, we didn’t alter a phrase, we didn’t alter a section, we didn’t alter a dollar figure.”

“There is no guaranteed pay-per-view in the UFC offer to Eddie Alvarez,” he says emphatically. “We as Bellator don’t have to match projections. We don’t have to match what could conceptually happen. We have to match guaranteed dollars and what the UFC contractually guaranteed would occur. That is what we are held to.”

The main bullet points of the 40-page UFC offer to Alvarez was a $250,000 signing bonus and a $70,000 fight purse with a $70,000 win bonus for his first fight, with salaries escalating over the life of the deal. The contract was to cover a span of 40 months or eight fights, whichever occurred earlier.”

With Bellator FC trying to become a major player in the MMA world, they have done what other promotions dared do in the past.

Go head to head with the UFC.

Not only have they taken their slot on SPIKE tv, but now, in a never-before-seen (at least in MMA) free-agency signing, they have matched the UFC’s bid on a fighter, binding Eddie Alvarez to stay with them and fight.

We reported earlier that Alvarez is being sued by Bellator, but in this lengthy excerpt from an interview, Bellator Boss, Bjorn Rebney, told MMAWeekly.com and MMAFighting that they matched the offer made by the UFC and believe they have held up their end of the deal.

comments

10 Comments to Dollar For Dollar, Word For Word: Bellator Boss Says They Matched UFC’s Offer To Alvarez | MMA NEWS

  1. dogfart says:

    they may have matched it but the terms on ctract meant that after the initial contractual term is up he is still a bellator asset for up to 2 years and they can choose to match or release at any point during that 2 year cooling off period which is too long and dangerous for a fighter.
    Eddie is stuck in bellator lol

  2. BRYANT says:

    BELLATOR THIS IS VERY WRONG. YOU KNOW YOU ARE NOT ABLE TO MATCH HIS PAYPERVIEW PAY THATS WHAT YOU ARE SAYING IN A NICE WAY. NO MATTER HOW BELLATOR SAYS IT THIS IS SHIT AND BAD FOR ALL OF MMA. ROBBING FANS OF THE BEST REALLY FIGHTING THE BEST

  3. dante080 says:

    This is a huge mistake by bellator. You are refusing to let a guy leave. Why would a promiseing young fighter sign with you when he will have to worry if you refuse to let him leave later

  4. Mike O'Loughlin says:

    Borjn is a bold face liar, he said he copied the contract word for word, but then says how they don’t pay for pay-per-views or money made later on, when that was in the UFC contract. So Borjn your a damn liar.

  5. GFK36 says:

    This is good for MMA and mostly for MMA fighters! This would give MMA fighters another avenue besides the monopoly that is the UFC. NOw that Strikeforce is gone there are only 2 major fight organizations and that doesnt give many options for fighters.

    • RH says:

      Not exactly good for Eddie if he isn’t allowed to fight where he wants to fight. Also no way will Eddie make the same money with Bellator as he would with the UFC. Even if they matched all the standard show/win payments they could in no way match the PPV money. For example if the ufc offers a % of the PPV profit and Bellator offers the same % it would not amount to the same money because the UFC will most likely make more PPV profit. Even without PPV points included Eddie would be getting much better exposure and therefore sponsorship offers with the UFC. I can understand why he is frustrated.

  6. Calvin says:

    moral lesson is everyone wants to be in the ufc bellator better worry about wsof and one fc and not ufc

  7. ernesto hoost says:

    they matched dollar for dollar word for word but they didnt match the talent and never will..i feel bad for eddie he could have been in there fighting with the big gunz….

  8. Quina says:

    LOL sweet shirt.I am devestated about B.J.But piessd off about KenFlo and Gray, I like Gray but everyone wrestles their way to the belt. the LW division used to be different. What do you think that fighters like KenFlo ( and now Bj Penn) can do to counter good wrestling?So Silva vs Sonnen confrmed for a rematch? I dont know about this one, This wasnt a Lay and Pray Decision, SIlva finished Sonnen. Sonnen tapped, thats like saying Okay you win,im done, no more, you win

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>