Nate Diaz he has a new opponent, but in the courtroom and not in the ring, and he promised that “justice will prevail”.
Diaz filed suit Monday in U.S. District Court in Miami alleging that Fanmio CEO and founder Solomon Engel went back on an agreement to pay him $10 million for his boxing match against Jorge Masvidal in the beginning of this month.
Diaz said he was only paid $1 million, and according to the lawsuit, Engel said he couldn’t pay the full $10 million because the fight didn’t meet financial expectations. Furthermore, Engel told Diaz that he would go back on their verbal and written agreements because “his wife might divorce him due to financial loss.”
Hours after Diaz filed her lawsuit, Engel released a statement disputing Diaz’s claims.
“Nate Diaz has filed a frivolous lawsuit against Fanmio, which alleges that fraud and breach of contract were committed by Fanmio, but neither occurred,” the statement reads. “In fact, Diaz has already been paid seven figures for the fight. I look forward to resolving this dispute through the appropriate process and am confident that justice will prevail. Making obscene and defamatory statements to the media in order to harm my family has only strengthened my determination to ensure that the truth will triumph.”
Engel’s statement mentions a seven-figure payday, which is in line with Diaz’s claim that he was paid $1 million. But the statement does not mention Diaz’s claim of $10 million, according to the lawsuit.
Fanmio’s first foray into combat sports was the Diaz-Masvidal boxing match, which took place on July 6 at the Honda Center in Anaheim, California. by majority decision. His lawsuit against Fanmio alleges fraud and breach of contract for failure to pay the full amount.