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Mike Chiappetta MMA ‏@MikeChiappetta
"So, according to Rebney, Alvarez was offered a $250K signing bonus, $70,000/$70,000 for first fight, plus PPV points from Zuffa."
I hope I get to see him on the UFC 158 card then as I'll be there!
"So, according to Rebney, Alvarez was offered a $250K signing bonus, $70,000/$70,000 for first fight, plus PPV points from Zuffa."
http://www.mmajunkie.com/news/2013/01/eddie-alvarezs-ufc-offer-includes-immediate-title-shot-pay-per-view-cutA UFC contract outlines the company's intent to book Alvarez for an immediate title shot in March and offer a cut of the promotion's pay-per-view profits, according to an exhibit in a lawsuit Bellator MMA filed against the fighter, a copy of which MMAjunkie.com (www.mmajunkie.com) today obtained.
An eight-fight deal would start Alvarez at $70,000 to show and $70,000 to win and raises in $5,000 increments with each win until it tops out at a guaranteed $210,000 for a win, the exhibit states. Alvarez would also be guaranteed a $250,000 signing bonus, payable in two installments of $85,000 and one of $80,000.
When Alvarez fights on a UFC PPV broadcast, the offer states it entitles him to $1 for each "buy" between 200,000 and 400,000 buys, $2 per buy between 400,000 and 600,000 buys, and $2.50 per buy over 600,000 buys.
I hope I get to see him on the UFC 158 card then as I'll be there!
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