Add one more to the long list of distractions surrounding Alistair Overeem ahead of his blockbuster heavyweight battle with Brock Lesnar, as yesterday his former management team, Golden Glory (Knock Out Investments), filed a lawsuit against him and his legal representative Collin Lam in Nevada alleging breach of contract.
ESPN’s Josh Gross first reported the news.
The suit alleges that Overeem owes Golden Glory outstanding management fees from his most recent bout against Fabricio Werdum and that, by refusing to pay, he’s breaching a five year contract with Golden Glory which runs out in 2012.
“The suit was filed for a very simple reason,” said Roderick J. Lindblom, Golden Glory’s legal rep. “Alistair Overeem has been part of Golden Glory for 11 years. Knockout Investment has a management contract with him. The management agreement was from 2007 until 2012. They negotiated one of the largest MMA agreements in the history of the sport for him. And within days he accused them of some pretty shady stuff that is not true. And he has walked away from his contract.”
Just one more thing for Overeem to push out of his mind before he steps in the cage opposite Lesnar, which he’ll do this evening at the MGM Grand Garden Arena in Las Vegas.
Lindblom released the following statement regarding the timing of the suit against Overeem:
“There has been some consternation about the timing of a lawsuit filed by Knock Out Investment/Golden Glory against Alistair Overeem. We’ve been in discussions with Mr. Overeem’s legal counsel since Nov. 7, and there has been no progress regarding the dispute. The reality is that a fighter is paid within 24 hours of the bout. Given past failure to pay management and training fees, there is serious concern on my client’s part that Mr. Overeem will simply walk away with the money.
“As of this morning, a Nevada District Court issued an Order directing the issuance of a pre-judgment writ of attachment and garnishment on Overeem’s fight purse, which would indicate that KOI/GG’s claims are meritorious.
“It would have been ideal if a lawsuit could have been avoided; KOI and Golden Glory wish Alistair well in the fight, and, in fact, have a financial interest in his continued success. Unfortunately, my clients simply had no choice.”