Golden Glory still going after Overeem pay


Alistair Overeem and his former management, Knock Out Investments, popularly known as Golden Glory (GG), haveUFC-141/"> filed suit against the other.

Unbeknownst to Overeem, just prior to his UFC 141 fight with Brock Lesnar, a Nevada court had ordered that $240,000 of Overeem's purse be held in escrow. That failed when GG failed to post a required $200,000 surety bond.

However, Golden Glory is not giving up. In fact, they have just begun.

"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."

"Rest assured, now that we have had the opportunity to troubleshoot complex international hurdles – and without a long holiday weekend to contend with – future writs of attachment will be utilized to ensure that Mr. Overeem makes good on the commissions owed to my clients and his Golden Glory training team, who helped him achieve the success he now enjoys."

Read entire article...


Related MMA gear from the UG Store


Elevation Training Mask 2.0

Elevation Training Mask 2.0

Only $79.99

Century Official UFC Fight Gloves

Century Official UFC Fight Gloves

Only $59.99


tags: UFC   Alistair Overeeem   Golden Glory   

Get the MMA Underground app. for iPhone and Andriod devices.
iPhone Application Andriod MMA Underground Application

Recent Comments »

grimsgrindgg site profile image  

1/3/12 2:07 PM by grimsgrindgg

"Mr. Overeem makes good on the commissions owed to my clients and his Golden Glory training team, who helped him achieve the success he now enjoys." LOLOL...Sounds to me like Golden Glory is so butt-sore that Overeem left that they have to go after him for $$$....That's pathetic, now that their cash cow is gone, they have to turn on him. Really low, no wonder Reem didn't trust these clowns, the success THEY gave him? He's the monster knocking dudes out and winning K1. Get the fuck oughtta here you corporate glutton filled brown nosers.

TheRaider site profile image  

1/2/12 11:10 PM by TheRaider

They couldn't get their shit together with the bond the first time around, how they gonna do it this time?

cupertrooper site profile image  

1/2/12 11:06 PM by cupertrooper

I'm anxious to see what guys are making too from the PPV

Stu Cazzo site profile image  

1/2/12 10:52 PM by Stu Cazzo

 It's safe to say the top guys are getting paid approx. 1-2 million per fight minimum from Zuffa....

OnlyTheStrongSurvive site profile image  

1/2/12 10:50 PM by OnlyTheStrongSurvive

everyone needs to honor the contracts they've signed. I would think Overeem will make a lot more money in sponsorships now

UTapToStrikes site profile image  

1/2/12 10:49 PM by UTapToStrikes

This is good, I want to know how much money UFC actually pays.So far is around 800k I think but not plus ppv.Hope Alistar stays with the ppv money but I want to see what he gets paid.