Ultimate Fighting Championship (UFC) heavyweight Alistair Overeem, who returns to the Octagon against Antonio Silva at UFC 156 on Feb. 2, 2013 in Las Vegas, Nevada, has reached a settlement stemming from this lawsuit against Golden Glory.
From today's press release:
"Everyone worked extremely hard to resolve these matters so that KOI, Golden Glory and Bas Boon can walk away and move forward with the Glory World Series Promotion in Europe, Japan and the USA, and Alistair Overeem can concentrate on his fighting career with his new manager Glenn Robinson at Authentic Sports Management and his new team, the Blackzilians."
Overeem split from his Netherlands-based management team in late 2011, citing a "breach of trust," which in financial terms equates to allegedly being owed $151,000 in earnings, including a signing bonus he was reportedly promised when he signed with Zuffa.
In response, attorneys for Knockout Investments (KOI) counter-sued both Overeem and his representative, Collin Lam. And they did it just one day before his fight against Brock Lesnar at UFC 141, which clearly had no impact on his performance, if that was their intention.
Trouble had been brewing for some time, dating back to when Dana White had a well-publicized spat with Golden Glory that resulted in the release of all its fighters from every Zuffa-owned promotion.
Shortly thereafter, Overeem announced his split from his longtime fight camp, eventually relocating to Xtreme Couture in Las Vegas to help prepare for his Octagon debut against Lesnar.
All's well that ends well, I suppose.