UFC Heavyweight Alistair Overeem Ends Legal Battle with Golden Glory
Slowly but surely, Alistair Overeem is clearing out the extra entanglements holding up his mixed martial arts career—one hurdle at a time.
Most recently, "The Demolition Man" has finally come to the end of a lawsuit cycle against his former management group Golden Glory. Both parties had served each other legal papers in California and Nevada courts, but all lawsuits have now reportedly been settled.
MMA Junkie reports (via press release) that while the settlement's terms weren't disclosed, both parties left the table satisfied:
"Everyone worked extremely hard to resolve these matters so that Golden Glory and (Golden Glory head) Bas Boon can walk away and move forward with the Glory World Series Promotion in Europe, Japan and the USA, and Alistair Overeem can concentrate on his fighting career with his new manager Glenn Robinson at Authentic Sports Management and his new team, the Blackzilians," the release stated.
Overeem's career had been plagued by Golden Glory since September 2011, when the Dutch fighter separated from his gym due to conflicts over commission fees and a five-year contract.
For his part, Overeem claimed that Golden Glory signed him to an unfair deal that required him to pay 35 percent of his winnings to the company (before state and federal taxes).
Moreover, Golden Glory allegedly owed Overeem $151,000 in back-pay before he jumped into a seven-figure UFC contract later that year.
Both groups traded lawsuits in November 2011, with Overeem eventually getting the worst of it in February the next year. Golden Glory's parent company (Knockout Investments) successfully gained a court order to withhold 30 percent (over $427,000) of Overeem's UFC 141 purse, which included pay-per-view incentives and certain merchandise/intellectual property rights.
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