UnderGround Forum >> UG's Myths re: Eddie Alvarez Situation
| 1/8/13 4:37 PM | |
Thacommish
8
Member Since: 6/4/10 Posts: 717 |
Orcus Knows MMA Better Than Goku -Thacommish - " You know the terms of Eddie's contract "i am not saying it absolutely does not include the value" only that its "highly, highly unlikely" and what "norms" are using to compare this too? |
| 1/8/13 4:49 PM | |
|
dabigchet
Member Since: 9/10/07 Posts: 10988 |
i don't think bellator's legal obligation is really the point. if eddie's terms are signing bonus + fight purse + PPV cut when main event and bellator just said, "ok, we'll match it!" they are being assholes to eddie. it is not the same offer for obvious reasons and bjorn is being an asshole plain and simple. it is not going to end well for people's perceptions of him. PPV cut makes the upside of UFC contract obviously much higher. i have to wonder if the UFC didn't screw this up by not guaranteeing PPV main event if he wins the first fight of his contract. |
| 1/8/13 5:01 PM | |
Phil999
9
Member Since: 12/24/03 Posts: 3829 |
#4 option of a settlement is most likely what will happen. |
| 1/8/13 5:27 PM | |
|
SmackyBear
Member Since: 1/10/12 Posts: 192 |
Orcus Knows MMA Better Than Goku -SmackyBear - Out of curiosity Goku, where do you practice? Fair enough. Yeah, I'm just using non-compete clauses as an example because it also involves a restriction on entering into a labor contract. The right of first refusal clauses I see usually involve real property. |
| 1/8/13 5:28 PM | |
|
Orcus Knows MMA Better Than Goku
Member Since: 8/6/08 Posts: 20924 |
Thacommish -Orcus Knows MMA Better Than Goku -Thacommish - " You know the terms of Eddie's contract norms based on other rights of first refusals in employee/contractor agreements...also just thinking it through practically trying to match value, as I noted in my post, is virutally impossible because the value is indeterminate |
| 1/8/13 5:31 PM | |
|
Orcus Knows MMA Better Than Goku
Member Since: 8/6/08 Posts: 20925 |
dabigchet - i don't think bellator's legal obligation is really the point. if eddie's terms are signing bonus + fight purse + PPV cut when main event and bellator just said, "ok, we'll match it!" they are being assholes to eddie. it is not the same offer for obvious reasons and bjorn is being an asshole plain and simple. it is not going to end well for people's perceptions of him. the legal obligations are totally the point...eddie could have negotiated a much stronger right of first refusal that specifically requires bellator to match ppv, but that has value - maybe bellator wouldnt have paid him as much if he insisted on that type of provision...he cant now go back on his word now that bellator has already paid him and he wants out |
| 1/8/13 5:51 PM | |
Thacommish
8
Member Since: 6/4/10 Posts: 718 |
Orcus Knows MMA Better Than Goku -Thacommish -Orcus Knows MMA Better Than Goku -Thacommish - " You know the terms of Eddie's contract Can you give examples of a few of these that would compare directly to this case and would allow you to establish it as the norm for this particular one without having seen the contract, and can you give examples of courts failing to recognize a tangible like ppv % from an established company with a track record like zuffa and dismissing it as indeterminate value? |
| 1/8/13 6:24 PM | |
mclay
974
Member Since: 10/13/08 Posts: 5069 |
Nice post..a bit fratish, but good points!
|
| 1/8/13 6:30 PM | |
|
RobinHood
Member Since: 7/25/10 Posts: 2472 |
'just let him bang bro'.
|
| 1/8/13 6:34 PM | |
|
Wovito
Member Since: 4/25/08 Posts: 7267 |
Orcus Knows MMA Better Than Goku -dabigchet - i don't think bellator's legal obligation is really the point. if eddie's terms are signing bonus + fight purse + PPV cut when main event and bellator just said, "ok, we'll match it!" they are being assholes to eddie. it is not the same offer for obvious reasons and bjorn is being an asshole plain and simple. it is not going to end well for people's perceptions of him. You're confusing legal obligations with contractual obligations. You're also speculating beyond what your knowledge of the contract permits. These are both mistakes for a lawyer. Are you a wizard? |
| 1/8/13 6:38 PM | |
|
Orcus Knows MMA Better Than Goku
Member Since: 8/6/08 Posts: 20930 |
Thacommish -Orcus Knows MMA Better Than Goku -Thacommish -Orcus Knows MMA Better Than Goku -Thacommish - " You know the terms of Eddie's contract what do you mean examples..do you mean you want me to post actual contracts that i have drafted or reviewed that contain similar provisions? if so, no i can't do that legally, you'll have to take me for my word
i can almost guarantee you a court has never addressed this issue, but since judges are attorneys i can tell you what their thought process is and how they review contracts....and attempting to place a value on a hypotethical ppv # is not something a judge would do unless the contract specifically calls for that, which it doesnt...just try to think practically, tell me exactly how the value would be determined when you have no idea if eddie will EVER be on any ppvs and you have no idea what those ppvs will do...do you think all UFC ppvs do the same numbers? no there are HUGE variations between each ppv...
and besides all this, again, it is very possible that bellator explicitly does not have to match unguaranteed money so the ppv issue is moot |
| 1/8/13 6:42 PM | |
|
Orcus Knows MMA Better Than Goku
Edited: 01/08/13 6:43 PM Member Since: 8/6/08 Posts: 20931 |
Wovito -Orcus Knows MMA Better Than Goku -dabigchet - i don't think bellator's legal obligation is really the point. if eddie's terms are signing bonus + fight purse + PPV cut when main event and bellator just said, "ok, we'll match it!" they are being assholes to eddie. it is not the same offer for obvious reasons and bjorn is being an asshole plain and simple. it is not going to end well for people's perceptions of him.
I was using dab's language...if you are making a distinction between legal and contractual obligations then thats your issue, obviously this whole post is about contractual obligations so your semantic argument is stupid
and of course i am specualting beyond what the contract "provides" (not "permits", there is a difference)..but i make it pretty clear when I am specualting and I am not stating any of my speculations as facts, which is unlike what many posters on here have done on this issue and i am not giving any legal advice on this post so your "lawyer mistake'" comment is ridiculous..obviously if I were going to give eddie or Bellator legal advice I would need to see the terms of the contract |
| 1/8/13 6:47 PM | |
Thacommish
8
Member Since: 6/4/10 Posts: 719 |
Orcus Knows MMA Better Than Goku -Thacommish -Orcus Knows MMA Better Than Goku -Thacommish -Orcus Knows MMA Better Than Goku -Thacommish - " You know the terms of Eddie's contract If a court has never addressed this issue how do you know what the norm is? btw this is the fighting business no money is guaranteed except the signing bonus and things of that nature, a promotion can only provide the opportunities to fight not guarantee that they will fight so many times a year and make so much, variables such as fighters health and other things dictate this. Also a court can establish the ufcs ppv bottom line as a bare minimum of the ppv %'s worth, again they have a proven track record and a history with this its very easy to obtain an actual value to this even if it is on the low side. But this whole premise of finding a loophole with "guaranteed money" is inherently pointless in the fight industry due to the nature of how these independent contractors work. none of it is guaranteed and any court or anyone with common sense will be able to tell you which side is offering the better oppurtunity. |
| 1/8/13 6:52 PM | |
UGCTT_Fillthy
172
Member Since: 1/8/09 Posts: 1659 |
so what happens if UFC offers a new contract that includes a guarenteed PPV appearance, and a % of gate or buys (however paltry)? |
| 1/8/13 6:53 PM | |
|
Orcus Knows MMA Better Than Goku
Member Since: 8/6/08 Posts: 20932 |
Thacommish -Orcus Knows MMA Better Than Goku -Thacommish -Orcus Knows MMA Better Than Goku -Thacommish -Orcus Knows MMA Better Than Goku -Thacommish - " You know the terms of Eddie's contract i know what the norm is in terms of what other service agreements with a right of first refusal component includes..i have never seen or heard of a right of first refusal in a service agreement that requires a company to match some nebulous value of the offerree...why? because its virtually impossible to determine... even if we were to humor you and say that a court could determine a baseline ppv %, you still don't know how many PPVs eddie will be on..is he guaranteed to be on PPV cards? surely not or else bellator wouldn't have matched.... and sure of course the ufc provides greater value, but again, for the millionth time, bellator is not required to match value..i will bet you a million dollars the terms of the contract do not require them to match value...all they have to match is what the terms of the contract require...if the terms of the contract require bellator to match only guaranteed money and eddie signed that contract...TOO BAD.. a court will never disturb that result.. |
| 1/8/13 6:56 PM | |
|
Orcus Knows MMA Better Than Goku
Member Since: 8/6/08 Posts: 20933 |
UGCTT_Fillthy - even if they offered that the amount is still not guaranteed - theoretically a ppv could have 0 buys or a million buys, theres no way to know
second, i doubt the ufc will be able to take a second bite of the apple because usually rights of first refusal dont work that way |
| 1/8/13 7:02 PM | |
Thacommish
8
Member Since: 6/4/10 Posts: 720 |
Orcus Knows MMA Better Than Goku -UGCTT_Fillthy - http://www.sherdog.com/news/news/Bantamweight-Tyson-Nam-Signs-with-WSOF-Draws-Winner-of-Miguel-TorresMarlon-Moraes-46175 Yeah doesnt work that way lol. |
| 1/8/13 7:02 PM | |
UGCTT_Fillthy
172
Member Since: 1/8/09 Posts: 1660 |
Orcus Knows MMA Better Than Goku -UGCTT_Fillthy - I see...what if it's a guarenteed PPV appearnce, and a guarenteed $$/PPV with some sort of performance bonus/percentage? Frankly, I see Bellator coming out on the losing end of this...they're going to burn a lot of money in court that could be used to secure talent. And I don't think Uncle Phillipe is going to be floating them a lot of money...
Any idea if Viacom's lawyers are involved, or if it's just Bellator's? I'd give a lot more weight to the interpration if it came from Viacom's legal staff. |
| 1/8/13 7:05 PM | |
|
Orcus Knows MMA Better Than Goku
Member Since: 8/6/08 Posts: 20934 |
Thacommish -Orcus Knows MMA Better Than Goku -UGCTT_Fillthy - did u not see the word "usually"? Again i havent read eddies contract..i mentioned that upfront so i dont know the exact mechanics of how the right works |
| 1/8/13 7:10 PM | |
Thacommish
8
Member Since: 6/4/10 Posts: 721 |
Orcus Knows MMA Better Than Goku -Thacommish -Orcus Knows MMA Better Than Goku -UGCTT_Fillthy - Yeah i figured id save you the trouble of alluding to people on how things "usually" work and show you how things ACTUALLY work in the real world, with an example based off the exact same contracts. |
| 1/8/13 7:10 PM | |
88samurai88
74
Member Since: 2/24/12 Posts: 272 |
I dont like bjorn or bellator and the only time i ever watched was to see eddie or lombard....they will crash and burn like the rest of them.
|
| 1/8/13 7:16 PM | |
|
Orcus Knows MMA Better Than Goku
Edited: 01/08/13 7:18 PM Member Since: 8/6/08 Posts: 20935 |
Thacommish -Orcus Knows MMA Better Than Goku -Thacommish -Orcus Knows MMA Better Than Goku -UGCTT_Fillthy -
alluding to people? lol...
also, that article refers to a right to match for a fighter that has been cut...perhpas the match is different for a fighter that hasnt been cut
and if the ufc can make a second offer, why dont they?
|
| 1/8/13 7:21 PM | |
Thacommish
8
Member Since: 6/4/10 Posts: 722 |
http://www.mmamania.com/2012/11/4/3598790/bellator-eddie-alvarez-early-release-ufc-strikeforce-mma sorry bellator released eddie too, try again. |
| 1/8/13 7:23 PM | |
Thacommish
8
Member Since: 6/4/10 Posts: 723 |
Orcus Knows MMA Better Than Goku -Thacommish -Orcus Knows MMA Better Than Goku -Thacommish -Orcus Knows MMA Better Than Goku -UGCTT_Fillthy - whos to say they havnt or wont? your the only one that indicated it was set in stone and ufc would not get a 2nd chance to offer, i havnt seen anyone else say that |
| 1/8/13 7:25 PM | |
|
Orcus Knows MMA Better Than Goku
Edited: 01/08/13 7:25 PM Member Since: 8/6/08 Posts: 20936 |
Thacommish -Orcus Knows MMA Better Than Goku -Thacommish -Orcus Knows MMA Better Than Goku -Thacommish -Orcus Knows MMA Better Than Goku -UGCTT_Fillthy -
again, i was only specualting based on what the norm is..i said very clearly that i dont know the actual terms of the contract..i never said it was set in stone..i was responding to a question based on what the convention is...if the ufc is able to make a second offer, does that really negate anything in my initial post? no, so i don't know why you are bothering
|
Reply Post
You must log in to post a reply. Click here to login.






