How can you demand more money after the contract is signed?

[SherdogGoat]

Can somebody please explain this. I was under the impression that the contract for ufc main event had already been signed between Nate and Conor. Wasn't it official that Conor vs Nate is headlining the event? If the rumor that Conor demanded 10 mil is true, how is that even possible? Wasn't it decided already how much money each fighter would make and other perks like ppv points when the contract was signed and the fight was made official? If Conor demanded more money after that and broke the contract, can't he be sued by Zuffa?
Sorry if it sounds dumb, there has to be something simple that I am missing here.

 

[Prince Nephilim]

It's called looking for an out

 

[BoxingFan653]

Can somebody please explain this. I was under the impression that the contract for ufc main event had already been signed between Nate and Conor. Wasn't it official that Conor vs Nate is headlining the event? If the rumor that Conor demanded 10 mil is true, how is that even possible? Wasn't it decided already how much money each fighter would make and other perks like ppv points when the contract was signed and the fight was made official? If Conor demanded more money after that and broke the contract, can't he be sued by Zuffa?
Sorry if it sounds dumb, there has to be something simple that I am missing here.

He did the Ultimate Warrior move minus the part UW said he wouldn't go out and perform right before the show taping unless he got a million dollars up front (or some unknown amount).

Conor might go down that same road...if the WWE could pretend like their biggest star never existed in the first place so can the UFC.

 

[Vulcan]

by demanding the ufc throws the old contract and makes a new one, and ufc can't force anybody to fight.

 

[SherdogGoat]

by demanding the ufc throws the old contract and makes a new one, and ufc can't force anybody to fight.

so you are saying the contract for a particular amount was already signed by Conor but he backtracked later and demanded more money? This should be grounds for a lawsuit, shouldn't it be? I mean ufc would definitely suffer losses due to this.

 

[Emjay]

There's always something that goes on that the fans will never know about.

They don't post everything on twitter

 

[Vulcan]

a fighter is free to refuse to fight, struve had a panic attack during an event and his fight was cancelled hours before it was supposed to happen

 

[The guest]

Well he said he was gonna change things. Apparently that means he can opt out of defending the belt or honouring this new contract to fight Nate.

Acting like a petulant spoiled little brat. How anyone can actually be a fan of this guy amazes me. As he pretty much told them all to fuck right off today.

Fucking bizarre.

 

[SherdogGoat]

a fighter is free to refuse to fight, struve had a panic attack during an event and his fight was cancelled hours before it was supposed to happen

That is something that ufc wouldn't wanna sue over, there is reasoning for a health issue but demanding more money is clearly a breach of contract. I am sure ufc would sue Conor if that really is the reason to opt out.

 

[SherdogGoat]

He did the Ultimate Warrior move minus the part UW said he wouldn't go out and perform right before the show taping unless he got a million dollars up front (or some unknown amount).

Conor might go down that same road...if the WWE could pretend like their biggest star never existed in the first place so can the UFC.

Thanks for the info, I'll read about this Ultimate Warrior thing.

 

[rbastid]

by demanding the ufc throws the old contract and makes a new one, and ufc can't force anybody to fight.

UFC can't force anyone to fight, but if it is true that Conor signed the contract and then backed out, they can sue him for losses pertaining to any promotional material they already paid for. It would create a huge rift between the UFC and Conor, but it's certainly in the UFC's right if he backed out of a signed contract (As in the fight itself, not his overall UFC contract)

 

[TUFNewb]

Conor can't be legally forced to work for the UFC if he doesn't want to, and his contract probably stipulates that he can't go work for someone else if he breaks it. "Retirement" is his only option.

 

[bigeastgi43]

so you are saying the contract for a particular amount was already signed by Conor but he backtracked later and demanded more money? This should be grounds for a lawsuit, shouldn't it be? I mean ufc would definitely suffer losses due to this.

I don't think they can sue if he retires. But truthfully, I don't know.

 

[SherdogGoat]

I don't think they can sue if he retires. But truthfully, I don't know.

There probably wasn't a lot of promotion done at this point but whatever money they lost due to promotional stuff that was underway could be grounds for a lawsuit I would imagine.

 

[Championstuff]

after his bizarre behavior today, he will be in the headlines due to drug use and erratic driving that nearly kills others.

 

[Neilomochauhai]

Sometimes a contract doesn't mean anything at all.
I work in the commodities trading industry and quite often some company might refuse to honor a contract and ask for a better price.
Only 1 out of 100 times would disputes like that escalated to a lawsuit.
After all it all depends on which party having the most bargaining power thus the upperhand.

 

[ClosetVitorFan]

He did the Ultimate Warrior move minus the part UW said he wouldn't go out and perform right before the show taping unless he got a million dollars up front (or some unknown amount).

Conor might go down that same road...if the WWE could pretend like their biggest star never existed in the first place so can the UFC.

It would have been better had he done this the night of.

Prowrestlers used to do this back in the day. The main event guys would even go out during the undercard into the crowd and let the people see him just to show the audience that he is in fact in the building. Then the prowrestler would renegotiate the deal. Holding the promoter up. Lol. It was dirty. But promoters have been ripping off the workers for years.

 

[SherdogGoat]

Sometimes a contract doesn't mean anything at all.
I work in the commodities trading industry and quite often some company might refuse to honor a contract and ask for a better price.
Only 1 out of 100 times would disputes like that escalated to a lawsuit.
After all it all depends on which party having the most bargaining power thus the upperhand.

are you talking about contracts in the millions? I imagine people don't wanna get into lawsuits unless it is a substantial amount of money and in UFC and Conor's case it definitely is.

 

[Mr Mayhem]

Pretty sure Conor renegotiated his contract multiple times already. He was always in tune with his ppv numbers and the money he was generating.
This time he might have been asking for too much. Dana had to draw a line in the sand.

 

[Tanaka]

Connor announcing his retirement was probably an attempt to mitigate what legal action UFC can take against him in regards to any breach of contract. This is of course if there is any truth to the holding out for more money which both parties have remained hush hush about.