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Overeem’s Lawyer Says He’s Taking the High Road In Golden Glory Lawsuit in Spite of ‘Unprofessionalism’ By Former Management

(“It doesn’t surprise me. It’s typical of them to look a gift horse in the mouth.”)

Alistair Overeem’s legal counsel, Kent Goss sent out a press release last night to members of the MMA media to address the current $151,000 lawsuit against Golden Glory’s parent company, Knock Out Investments and counter-litigation between his client and his former management team. According to the release, in spite of a series of calculated moves by Golden Glory to discredit Overeem and to affect him psychologically heading into his UFC debut against Brock Lesnar in December, the former Strikeforce, DREAM and K-1 heavyweight champion has opted not to return fire against them. Instead, Goss says, Alistair has waited for the right time to speak out about the claims by Golden Glory and that the time for him to do so is rapidly approaching.

Here is the full statement from the email we received last night from Goss’ Los Angeles-based Orrick, Herrington & Sutcliffe LLP law firm:

“This is Alistair Overeem’s first formal public comment on his ongoing litigation with Golden Glory. He has avoided comment up to now for many reasons. First, Alistair believes that the split between himself and Golden Glory should be kept between the parties. Although he has been tempted to expose ongoing problems with Golden Glory’s business, its poor relationship with some of its remaining fighters, and the deep betrayal he has experienced in recent years, he has chosen not to air the specifics of those facts.

Second, Alistair was singularly focused on his fight with Brock Lesnar.

Third, Alistair does not want to disrupt Golden Glory’s ongoing business operations. Fourth, Alistair believes that commenting on the litigation lacks professionalism. Golden Glory continues to take action by press release, through public comment and in the litigation in an apparent attempt to derail Alistair’s career. Now that Alistair has defeated Brock Lesnar, he feels compelled to speak up. You will hear from Alistair on many of these topics directly.”

The letter goes on to ask that both fans and the MMA media refrain from simply believing the side that speaks the loudest, and that they wait until all of the facts come out before coming to any conclusions about who is actually to blame in the sensitive situation.

“We can say that Alistair and his legal team are very confident in the legal positions he has taken or will take in the California and Nevada litigation. Alistair is looking forward to having a judge or jury determine the merits of his position in this litigation. Although overtures regarding resolution of the lawsuits have been made by Golden Glory, Alistair believes it is important to see this matter to conclusion, not just for himself, but for other Golden Glory fighters, the UFC and its fans.”

We’ll have more from the story as the court cases evolve and Overeem finally breaks his silence.

Cagepotato Comments

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XENOPHON- January 25, 2012 at 5:55 pm
Ive been suits for a lot more, and it just wasn't worth the lost time. $150k is not big bucks when Reem earns as much as he does between fighting and endorsements.
Come on bro, do the math one more time. For me. In business, the rule is not to throw good money, after bad. As I said, if he wins, he will only keep $50k at best.
His legal team is surely using your argument - but that's cause they earn a living off getting in front of a judge and the hours of preparation that goes into it.
I know what I would do, and that is mediate for settlement terms. Inside of those terms I would ensure that GG relinquished all and any claims moving forward, and then pay them the settled amount and be done with it.
That's only the cost of a few letters, and a few phone calls. No travel, no attorney, and a reduction in tax - as he can also write off the loss.
I am sure there are even better arguments to made here, but that I my take.
EnemyofReality- January 25, 2012 at 5:41 pm
Overeem is a real man for not letting people get all in his business. Golden Glory and for some reason Bas Rutten are just jealous Alistair hit the big time. Bas Boon and Bas Rutten can go suck each other.
macreadysshack- January 25, 2012 at 12:55 pm
CP, I am going to sue you for $96,000 for not sending me a T shirt. If you had any street smarts, you'd settle because that's not just a huge invitation for every dipshit in the world to sue you.
I'm just messing with you, Xeno but seriously, man, don't you think just rolling over paints a big target on your back?
XENOPHON- January 25, 2012 at 12:45 pm
@scrambled eggs Says: Your right, when talking about the pay 70% of the fighters jumped at, but when talking about Reem it is nothing. If Rheem wins this litigation, he stills has to pay taxes on it. That is $33% plus. Then he has to pay the attorneys, and that's likely $500 bones an hour for 100 hours billable. So there goes another $50K.
At best he will keep $50k.
If he had an decent advisor in his ranks, he would have been told to settle immediately. He would end up with more moneies in his pockets, and a ton of extra free burden free time.
It's now obvious, Reem has zero street smarts!
scrambled eggs- January 25, 2012 at 12:10 pm
$151,000 isn't chump change in the world of MMA.
bootystar- January 25, 2012 at 10:10 am
the dream is gonna realized there's no women in the site he now occupies & will unhook the worm
XENOPHON- January 25, 2012 at 10:01 am
"the current $151,000 lawsuit"
Who really cares. This is chump change, and barely a step up from small claims court. Reem is holding his cards close to the vest - as more people should learn to do. I am sure he does not want to fork over this dough.
I don't know the facts, or any new facts of the case, something this writer forgot to mention. So this is just a rehash of old news.
Who wrote this?