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- Aug 9, 2013
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There is a lot of talk about the loser of Mir/Overeem getting cut because they are on such high paying contracts.
Does anyone know how UFC contracts normally work? Is it rolling contract that can be terminated at any point or is it a contract for an agreed amount of fights (e.g. Anderson Silva signed a 10 fight contract, Dana said that Roy Nelsons fight against Miocic was the last fight of his previous contract).
If it is a contract for an agreed number of fights, how can it just be terminated? Isn't that why people sign contracts so that they have some job security and can't just be 'cut' whenever the boss feels like it. If this is the case and a fighter gets cut, does the UFC have to pay up the rest of his contract?
Say for example Overeem signed a 5 fight deal for $285,000 per fight and the UFC wants to cut him. Do they have to pay up for the 2 remaining fights on his contract?
Does anyone know how UFC contracts normally work? Is it rolling contract that can be terminated at any point or is it a contract for an agreed amount of fights (e.g. Anderson Silva signed a 10 fight contract, Dana said that Roy Nelsons fight against Miocic was the last fight of his previous contract).
If it is a contract for an agreed number of fights, how can it just be terminated? Isn't that why people sign contracts so that they have some job security and can't just be 'cut' whenever the boss feels like it. If this is the case and a fighter gets cut, does the UFC have to pay up the rest of his contract?
Say for example Overeem signed a 5 fight deal for $285,000 per fight and the UFC wants to cut him. Do they have to pay up for the 2 remaining fights on his contract?