Alistair Overeem just can’t escape his problems. There is a lot of controversy regarding the issue involving a contract with Knock Out Investments and Overeem.
“Demolition Man” recently split from his management team, Golden Glory, claiming there was a “breach of trust,” which involves a lot of financial issues, like allegedly being owed $151,000 in earnings, including a signing bonus he was promised by Zuffa.
ESPN.com explains more in detail on the subject:
Overeem is alleged to not have paid a 30 percent commission to Knock Out Investments following his win in Strikeforce against Fabricio Werdum on June 18, 2011.
“The suit was filed for a very simple reason,” Roderick J.Lindblom, legal counsel for KOI and Golden Glory, told ESPN.com. “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.”
