Nate Diaz sues Fanmio for fraud, breach of contract after Jorge Masvidal boxing match

[mysticmac]

Nate Diaz sues Fanmio for fraud, breach of contract after Jorge Masvidal boxing match

Nate Diaz has filed a lawsuit against Fanmio claiming he was only paid $1 million of an agreed $10 million payment to box Jorge Masvidal.

mmajunkie.usatoday.com

 

[Robbie Hart]

You don’t decide to go back on verbal and written agreements because the fight didn’t meet financial expectations. And also because your wife will divorce you.

What a shit show

 

[Jesus X]

He is probably never going to get that 9 million even if he wins the suit these scammers have ways to never pay a judgement I bet the entire company isn't even worth 9 mil. Nate should have at least gotten 5 mil upfront.

 

[Papi Chingon]

Don't know anything about the contracts, but I mentioned before that the reported purses were suspect. Jorge with $300k and Nate with $500k. There must be something in the actual contracts that guaranteed actual money. Having said that, I don't think Canelo was paid by DAZN and De La Hoya what his full contract stipulated, but they did settle amicably and he was paid an acceptable amount.

 

[jason73]

Fanmio will never do another show after this. who is going to sign a contract with them knowing they will probably get screwed ? idk how much they thought they were going to make but 10+ mil profit seems like a long shot . i would like to know if masvidals check cashed

 

[Robbie Hart]

Fanmio will never do another show after this. who is going to sign a contract with them knowing they will probably get screwed ? idk how much they thought they were going to make but 10+ mil profit seems like a long shot . i would like to know if masvidals check cashed

They had no chance, but promises and contracts say, “pay me, bitch”

 

[Lamont Cranston]

There is a reason that purses are given to the athletic commissions before the fight.

 

[Robbie Hart]

There is a reason that purses are given to the athletic commissions before the fight.

Good point
Where did it all fall apart here?

 

[Lamont Cranston]

Good point
Where did it all fall apart here?

I suspect the reported purses were given to the AC but that other monies were promised based on ticket sales, PPV, bonuses etc.

 

[Robbie Hart]

I suspect the reported purses were given to the AC but that other monies were promised based on ticket sales, PPV, bonuses etc.

Ah, that’s where he’s getting stung
The guy’s wife will definitely leave him as he’s now a fraud