It’s rare for details of a competitor’s contract to be made available with public information usually limited to pay for a single scrap or possibly the length of a fighter’s deal. However, the ongoing battle between UFC and Bellator for the rights of lightweight Eddie Alvarez has been anything but ordinary, and as a result the world now knows exactly what both companies feel the former Bellator champion is worth.
MMAJunkie was able to obtain a copy of Bellator’s counter to the UFC’s offer where details from both sides were available based on Bellator’s “cut/paste” approach to matching the proposal.
Specifically, the UFC offered Alvarez $70,000 to show and $70,000 to win with a $5,000 increase for each victory in the Octagon. He is also set to receive a $250,000 signing bonus paid out over three installments in addition to a cut of any PPVs he’s part of ranging from $1.00-$2.50/purchase depending on the show’s buy rate.
The UFC made sure to sweeten the pot as well, offering Alvarez a quick path to a title-shot plus a guaranteed fight on a FOX card and a few stints as a guest commentator at events.
Meanwhile, on the Bellator side of things, Alvarez would have received the same pay up front in addition to money for other services such as $25,000 for a “behind-the-scenes” show for Spike TV and $100,000 for serving as a coach on the promotion’s upcoming reality show.
Alvarez is currently being sued for refusing to sign Bellator’s offer per an agreement in his original contract with the company giving them the right to match any other suitors’ terms. While Bellator CEO Bjorn Rebney has stated the promotion fulfilled their legal obligations in what was thrown Alvarez’s way, the disgruntled fighter has claimed the deal does not match the UFC’s meaning he should be free to take his talents to the Octagon.
PHOTO CREDIT – BELLATOR/ASM