Newsday reports the details filed within the complaint by Bellator MMA against Quinton “Rampage” Jackson. The complaint filed in New Jersey provides some interesting financial tidbits on Jackson’s contract.
A hearing will be held on April 2nd to determine whether Jackson will be able to fight in the UFC 186 in April.
Jackson received a $200,000 bonus for Bellator’s May 2014 PPV despite not meeting the PPV threshold bonuses indicated in his contract.
Jackson’s contract also included a 2013 Tesla Sport worth $129,603, a $100,000 signing bonuses and guaranteed fight purses between $200,000 and $300,000 for non-PPV fights. He would receive between $200,000 and $450,000 for a PPV fight. Jackson also received a $50,000 guarantee if the event did not receive a certain revenue from sponsors. The contract was negotiated between Jackson’s representatives and then-Bellator CEO Bjorn Rebney.
Additional incentives included:
-30% of Bellator’s net gate receipts over $400,000 at events where he fought
-$35,000 per episode for the SpikeTV Reality Series “Rampage 4 Real”
-A screenwriter for a feature film project and access to Paramount Pictures to develop film projects
-A red carpet appearance at the 2013 MTV Video Music Awards
-$4 for every Bellator 120 PPV buy over 190,000
-Bellator spent $250,000 to advertise Bellator 120 during the NBA Playoffs
-Bellator spent $200,000 to secure rights to a Rolling Stones song for an advertisement featuring Rampage
Bellator filed a lawsuit and injunction this past Monday as a result of Jackson’s purported breach of contract.
Payout Perspective:
Some of the demands seem unattainable and perhaps that’s the reason why Bellator agreed to them (i.e. $4 PPV buys over 190K, 30% of Bellator’s net gate over $400K). Other inclusions in the contract seem very good for Jackson (i.e., $35K per ep for that show, $200K bonus for Bellator 120). Jackson’s management team cited Jackson’s right to breach based on the contract being an “entertainment” contract. Looking at the details, the overall pay guarantees and sweeteners (red carpet appearance and car) is favorable for Jackson.
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