Former BKFC heavyweight champion Alan Belcher thinks he and different fighters have been scammed by the International Combat 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 “foremost investor didn’t fulfill his April obligation,” founder Darren Owen stated in an announcement to Ariel Helwani.
“I consider we will probably be in a position work by way of it,” Owen added. “I believe we are able to make it occur for June. Moreover I don’t foresee the occasion happening in California however we completely will preserve pushing ahead.”
Nevertheless, not everyone seems to be satisfied that the promotion will proceed “pushing ahead” and preserve the guarantees it had already made to a slew of signed fighters.
In an announcement on social media, Belcher known as the GFL a rip-off, noting that there was no proof of the promotion receiving any cash, nor did he consider {that a} single ticket was ever offered for the introduced occasion.
“The GFL is f*cking cancelled, guys,” Belcher stated 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 offered — however some folks had already modified their plans and acquired flights to go on the market to L.A. to observe me struggle.
“It looks as if it’s all only a large, 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 alleged to be paid to the fighters. All of us acquired screwed on this one.”
International Combat 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 will give fighters a reduce of the income quite than assured purses.
Nevertheless, it didn’t take lengthy to decipher that the income share was really a revenue share, which 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 provide,” 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). Predominant 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 utterly unobtainable figures. That is FYRE FESTIVAL.”
