Former BKFC heavyweight champion Alan Belcher thinks he and different fighters have been scammed by the World Struggle League.
Following its inaugural draft in July, the GLF was slated to make its official debut with a stacked two-night occasion in Could that includes a slew of former UFC stars like Holly Holm, Renan Barao, Uriah Faber, Tony Ferguson, and Alexander Gustafsson.
Nevertheless, mere weeks after the announcement, the GFL confirmed that the back-to-back exhibits had been canceled as a result of the promotion’s “primary investor didn’t fulfill his April obligation,” founder Darren Owen mentioned in a press release to Ariel Helwani.
“I imagine we will probably be in a position work via it,” Owen added. “I believe we will make it occur for June. Moreover I don’t foresee the occasion going down in California however we completely will maintain pushing ahead.”
Nevertheless, not everyone seems to be satisfied that the promotion will proceed “pushing ahead” and maintain the guarantees it had already made to a slew of signed fighters.
In a press release on social media, Belcher referred to as the GFL a rip-off, noting that there was no proof of the promotion receiving any cash, nor did he imagine {that a} single ticket was ever bought for the introduced occasion.
“The GFL is f*cking cancelled, guys,” Belcher mentioned on Instagram. “First off, I really feel actually unhealthy for any of you guys that acquired flights. I had lots of people that had been supporting me that — I don’t suppose there was ever any tickets bought — however some individuals had already modified their plans and acquired flights to go on the market to L.A. to observe me struggle.
“It looks like it’s all only a massive, lack of a greater phrase, rip-off. I don’t know. That’s simply what it appears like. There wasn’t any proof of the cash that was purported to be paid to the fighters. All of us acquired screwed on this one.”
World Struggle League switches to profit-sharing mannequin over assured struggle purses
A spreadsheet obtained by FightOracle on X confirmed that the promotion is trying to maneuver ahead with a “non-profit” occasion that might give fighters a lower of the income fairly than assured purses.
Nevertheless, it didn’t take lengthy to decipher that the income share was truly a revenue share, that means that the occasion needed to break even earlier than anybody else acquired paid.
“He’s projecting occasion income of $5 million for 1 occasion minus $1.3 million to supply,” FightOracle tweeted. “The $5 million determine is the low finish projection. Excessive finish $11 million plus. Projected revenue $3.75 million. The $3.75 million can be paid out to 30 fighters (15 fights). Principal occasion will get mixed 30% of the $3.75 million revenue or $562,500 every.
“He’s projecting $3 million in media rights, $800k in ticket gross sales, $1 million in sponsorships, $250k in merch. These are the low finish projections. These are fully unobtainable figures. That is FYRE FESTIVAL.”
