Just over a week on from the boxing fight on Fanmio between Nate Diaz vs. Jorge Masvidal, the victorious Stockton star has sued the company and its owner over claims he’s yet to be paid 90 percent of the agreed purse.
Over four years on from their highly anticipated showdown inside the Octagon at UFC 244, Diaz and Masvidal ran it back in a different environment on July 6.
While Madison Square Garden played host to “Gamebred’s” victory in MMA, a packed-out crown inside Anaheim’s Honda Center witnessed the pair run it back in the boxing ring last Saturday.
Diaz successfully exacted his revenge, outpointing Masvidal across a competitive and entertaining 10 rounds of action. But his celebrations have evidently been cut short by a financial dispute with Fanmio.
TMZ reported this week that Diaz is suing promoter Solomon Engel and his company over a substantial amount of agreed pay allegedly being withheld. The former UFC fighter’s attorney, Jeremiah Reynolds, filed the lawsuit in U.S. District Court in Miami on Monday.
Promoter Accused Of Using Possible Divorce As Reason Not To Pay Diaz
In the suit, Diaz claims to have been promised a $10 million purse for the boxing match, both verbally and in writing. While the $1 million upfront was paid, the Stockton star and his team claim Engel is refusing to pay the post-fight sum of $9 million.
Engel is said to have not paid up after not profiting off the Diaz vs. Masvidal fight in the way he had expected.
It’s also alleged that the head of Fanmio told Diaz he couldn’t pass over the remaining $9 million in agreed pay due to fears his wife would divorce him due to the financial loss.
As a result, Diaz is suing for fraud and breach of contract, noting in the lawsuit that he wouldn’t have followed through with the match had he known the agreed $10 million purse wouldn’t be paid.
