Not saying they can't pay him, I'm saying he just isn't worth it to them. He isn't going to bring eyes to the product in relationship to his pay. He is a salary anchor for an org like Bellator.
If Bellator ever really wants to start moving the needle they need to get in the game of younger fighters making a name for themselves in the UFC or have made a name. They also have to start putting better cards on than history has shown. They got the stable of fighters to do it, the people in charge just don't seem to use it very well.