Nate Diaz is suing promoter Solomon Engel for $9 million, claiming he hasn\u2019t been paid for his recent boxing match against Jorge Masvidal. The lawsuit alleges breach of contract and fraud, as Diaz contends Engel is reneging on their agreement due to financial issues.<\/p>\n
Nate Diaz recently filed a lawsuit saying he is owed $9 million for his fight against Jorge Masvidal.<\/p>\n
Diaz says he made a deal with promoter Solomon Engel and his company, Fanmio, to be paid $10 million for the fight, with $1 million paid upfront and the remaining $9 million to be paid after the event.<\/p>\n
However, Diaz claims Engel is now backing out of the deal, saying the event could result in potential financial losses.<\/p>\n
According to Diaz, Engel made desperate calls to his representatives after the event, saying that paying Diaz the agreed amount would cause major financial problems, including possibly having to declare bankruptcy and personal issues like divorce.<\/p>\n
Diaz is suing for fraud and breach of contract, accusing Engel of not keeping their agreement.<\/p>\n
“In a flurry of desperate calls to Diaz’s representatives following the event, Engel despondently groveled that he was going to lose more money than he had anticipated on the event if he paid Diaz what he had promised and that his wife might divorce him because of the financial losses<\/i>,” the lawsuit states.<\/p>\n
“Engel went so far as to threaten he might have to declare bankruptcy to avoid paying Diaz what he owed.<\/i>”<\/p>\nEngel Denies Diaz’s Fraud Claims<\/h2>\n
Engel dismissed Diaz’s lawsuit as groundless, saying Diaz had already been paid seven figures for the fight.<\/p>\n
Engel believes the legal process will show no fraud or contract breach happened.<\/p>\n
“Nate Diaz has filed a frivolous lawsuit against Fanmio which claims that fraud and breach of contract were committed by Fanmio, yet neither has taken place,<\/i>” Engel said in a statement.<\/p>\n
“In fact, Diaz has already been paid seven figures in connection with the fight. I look forward to resolving this dispute through the appropriate process and am confident that justice will prevail.<\/i>”<\/p>\nDiaz Defeats Masvidal in Sold-Out Boxing Match<\/h2>\n
Diaz and Masvidal fought in a boxing match on July 6 at the Honda Center in Anaheim, California, with DAZN hosting the pay-per-view broadcast.<\/p>\n
Diaz won the fight by majority decision in a 10-round match. According to a news release issued after the event, the event was a sellout, with 18,040 fans in attendance.<\/p>\n
Despite the lawsuit, Diaz remains a prominent figure in combat sports. After leaving the UFC, he made his professional boxing debut against Jake Paul and lost by unanimous decision.<\/p>\n
His recent win over Masvidal has sparked more interest in his boxing career, and he continues to look for future fights<\/a>.<\/p>\n No matter what happens with the lawsuit, Diaz has many options for his next steps in the ring.<\/p>\n Diaz’s career after the UFC has seen him move into professional boxing, and his recent performances have kept fans and fighters interested in his next moves.<\/p>\n