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    MMA Promoter FEG Owe You Money? Get in Line Behind Alistair Overeem

    payneNglory1
    payneNglory1
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    MMA Promoter FEG Owe You Money? Get in Line Behind Alistair Overeem  Empty MMA Promoter FEG Owe You Money? Get in Line Behind Alistair Overeem

    Post  payneNglory1 Wed Feb 16, 2011 11:55 pm














    MMA Promoter FEG Owe You Money? Get in Line Behind Alistair Overeem  Th_overeem

    The Japanese MMA scene has been held together, MacGyver style, with duct tape, spit, hope and a prayer. Those prayers have seemingly remained unanswered, as it appears more and more likely that FEG, the parent company of K-1 and Dream, is effectively dead as a major player on the world scene. Another fighter has joined the ranks of those claiming FEG owes them significant money. And this time it's a big player, literally and metaphorically.

    Frankly, it was one thing when former UFC and Pride star Gary Goodridge and Dream featherweight champion Bibiano Fernandes weren't being paid for their performances. Fans were suitably outraged, but only the fans who read stories about fringe figures in the fight game. Last week on MMA Live, lost in the flurry of Fedor Mania, Alistair Overeem made a startling confession. He hasn't been paid for his work either:

    "I won K-1...and they've not paid me yet," Overeem told Jon Anik with a smile. "By the contract they have 48 hours to pay me. It's a little bit of a question mark."

    Overeem wasn't the only fighter to go public last weekend. Bloody Elbow reader Brian Hemminger talked with Strikeforce lightweight JZ Cavalcante, who claims he's still owed money as well:

    I still haven’t been paid, man. The fight was in July and now we’re in February and now I don’t even care about it, you know? My manager keeps calling them and the guys from FEG who are supposed to say something they don’t answer the phones, they don’t reply. It’s really disappointing.

    ... I wish they had more respect like they could come to me and say "look, we don’t have the money now but we gonna pay this time or that time" because that is the problem. When they don’t answer, they don’t reply, they don’t say anything. That’s really disrespectful. Maybe getting the news out will help.

    If K-1 is looking for a life raft, they shouldn't expect one from kickboxing promoter Simon Rutz. After running down a list of kickboxers who haven't been paid, he tells liverkick.com's Dave Walsh that he doesn't plan on buying his venerable competition:

    LK: If they don’t get that money, and they don’t survive, what will it mean for kickboxing and for It’s Showtime?

    SR: If they don’t survive it is very bad for the sport and for many fighters. For It’s Showtime, it would mean that we are the number 1 kickboxing organization in the world and everybody will look to us. We are getting busy like never before. We have already seen a movement from K-1 to It’s Showtime. Almost every day I talk with people around the world who want to organize an It’s Showtime event in their country.

    LK: Would you ever consider buying out K-1?

    SR: Why should I do that? I have my own brand and company who is healthy and is going very well. Also, what am I buying then? Only a lot of problems! The [K-1] name is very strong, but I already have a good name. I will keep my money in my pocket!

    We said last month that it looked like the MMA scene in Japan was on life support. Refusing to pay your biggest foreign star is like pulling the cord. Has K-1 just Kevorkian'ed the industry by not paying Overeem as promised? Sadly, it's looking like K-1, a promotion that has been one of the biggest combat sport extravaganzas in Japan since 1993, will be shuttering its doors for good.

    http://www.bloodyelbow.com/2011/2/16/1996953/mma-promoter-feg-owe-you-money-get-in-line-behind-alistair-overeem
    manschesthair_utd
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    MMA Promoter FEG Owe You Money? Get in Line Behind Alistair Overeem  Empty Re: MMA Promoter FEG Owe You Money? Get in Line Behind Alistair Overeem

    Post  manschesthair_utd Thu Feb 17, 2011 12:10 am

    If they could get it on the cheap it would be good.

    the K1 name means a hell of a lot more than "its showtime" the HW GP has a shitload of prestige and history along with it.
    redmeanie77
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    Post  redmeanie77 Thu Feb 17, 2011 12:15 am

    What happened to the investors who were going to save FEG?? I think the "Voice" tweeted it after the dynamite card or something??
    pinsman
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    Post  pinsman Thu Feb 17, 2011 3:22 pm

    This is truely shit news! proper shit news! Sad

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