The Nevada State Athletic Commission passed a proposed settlement agreement with UFC contracted fighter Nick Diaz at the commission’s monthly hearing on Tuesday.
Pat Lundvall, who was the main driver during the contentious Nick Diaz hearing, seconded the motion for the passage of the proposed settlement. The settlement was passed without any discussion or public announcement as to the terms. MMA Junkie obtained the settlement agreement after speaking with NSAC Chairman Bob Bennett.
The Settlement Agreement obtained by MMA Junkie indicates that Diaz’s initial penalty was reduced to 18 months (retroactive to his last fight January 31, 2015) and a $100,000 fine. He will need to pay the fine by August 1, 2016 (the date in which he may be allowed to fight in Nevada) or at least December 1, 2016, whichever comes first. He will also need to provide a negative urine sample, “in-competition and out-of-competition, 30, 15, and 3 days before his next contest in Nevada…”
The UFC’s legal counsel on various issues, Campbell and Williams, represented Diaz in negotiating the settlement with the NAC.
Payout Perspective:
It was very interesting that the settlement was passed swiftly and without much talk. It was not until after did we hear of the terms of the settlement. You may infer what you may from this outcome. While Diaz could have made a point by continuing on with a potential lawsuit, we’re not here to spend other people’s money. Further, if the point is to get him back to fighting, getting tied up in litigation is not in the best interests of Diaz. On a sidenote, it is interesting in the settlement agreement that it states that Diaz “wrongly invoked the Fifth Amendment” in response to the Commission questions. We shall see how soon Diaz will be back with the UFC.
Leave a Reply