Although Alistair Overeem was paid in full following this past weekend's UFC 141 event, reps for his former management team aren't throwing in the towel.
A Nevada court recently ruled that Knock Out Investments, a fighter management group associated with Overeem's former Golden Glory team, was due $241,285.49 due to breach of contract.
However, as MMAjunkie.com (www.mmajunkie.com) reported on Monday, a $200,000 surety bond wasn't posted, and Overeem earned his full "show" ($264,285.71) and "win" ($121,428.57) money following a first-round TKO victory over Brock Lesnar in the Dec. 30 event's headliner.
Nevada State Athletic Commission executive director Keith Kizer told MMAjunkie.com that he did not withhold any portion of the heavyweight's purse, as the Nevada judge order. A UFC official confirmed that the $200,000 bond required to execute the order was not deposited prior to the event.
"This was a short-term possibility that KOI and Golden Glory were prepared for," stated Roderick J. Lindblom, who's representing the fighter's former management team, in a release issued Monday evening. "Seeking the initial writ was merely the first step in a long-term litigation strategy that KOI and Golden Glory will prosecute in Nevada. The writ of attachment remedy remains fully available to my clients and will be sought as to Mr. Overeem’s future pay-per-view payout, which we expect will be more lucrative than his initial fight purse."
Overeem earns a portion of all pay-per-view revenue, including $2 per PPV purchase "for all revenues received by UFC-Zuffa for telecast of the Lesnar fight in the U.S., Canada or over the Internet in excess of $500,000," according to an Overeem contract made public by the legal proceedings.
"Rest assured, now that we have had the opportunity to troubleshoot complex international hurdles
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