Home / News / Former management sues Overeem on eve of UFC debut

Former management sues Overeem on eve of UFC debut

By on December 30, 2011

Knock Out Investments, better known as Dutch fight management firm Golden Glory, filed a lawsuit in Clark County, Nevada, Thursday alleging Alistair Overeem breached the terms of a five-year contract with the group that runs through July 2012.

The complaint, a copy of which ESPN.com has obtained, also names Overeem’s representative Collin Lam as a defendant. The filing comes one day prior to the Overeem’s headlining clash against Brock Lesnar at UFC 141 in Las Vegas.

“We have a legal team,” Lam told ESPN.com. “We have a great law firm in Las Vegas. A great law firm in L.A. So they’re taking care of everything.”

Overeem is alleged to not have paid a 30 percent commission to Knock Out Investments following his win in Strikeforce against Fabricio Werdum on June 18, 2011.

Rather than following the arrangement Overeem and KOI used in previous bouts — a promoter pays KOI which in turn cuts a check to the fighter — Overeem was directly paid his purse and win bonus totaling $170,000, which is standard practice when Zuffa LLC promotes events.

Six weeks after beating Werdum, Zuffa, which purchased Strikeforce in March, released Overeem from the final fight of this three-bout deal with Strikeforce.

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Owner/Editor of SevereMMA.com. Writer, Podcaster, Producer of 'Notorious: Conor McGregor' film, 'Conor McGregor: Notorious' TV series, 'Ten Thousand Hours', 'The Fighting Irish' and more documentary films.
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