Originally posted on 5thRound.com  |  Last updated 11/21/12

Just like his relationship with Golden Glory and their parent company Knockout Investments (KOI), Alistair Overeem’s (Pictured) legal battles with his former management is officially a thing of the past.  After nearly a year of litigation, the UFC heavyweight and Golden Glory have finally come to terms on a settlement. “Everyone worked extremely hard to resolve these matters so that KOI, Golden Glory and [Golden Glory owner] Bas Boon can walk away and move forward with the Glory World Series Promotion in Europe, Japan and the USA, and Alistair Overeem can concentrate on his fighting career with his new manager Glenn Robinson at Authentic Sports Management and his new team, the Blackzilians,” Rick Lindblom, GG’s legal counsel, expressed in press release. Last November, Overeem sued GG for neglecting to pay him more than $150,000 in earnings, including a massive bonus for signing with the UFC. He claims his former representatives were keeping pertinent information from him during their negotiations with the UFC. GG then fired back by trying to have a Nevada District Court withhold his UFC 141 purse so they could recoup payment for past services rendered. They claimed Overeem did not pay them their commission following his Strikeforce win over Fabricio Werdum on June 18th. The management then negotiated Overeem’s deal with Zuffa, the parent company of UFC, in September 2011 which was parlayed into a blockbuster bout with Lesnar. Overeem was guaranteed a “show purse” of $264,285 for UFC 141. He collected an additional $121,428 “win bonus” for beating Lesnar last month. Overeem was also in line to receive a $2 pay-per-view bonus per purchase “for all revenues received by UFC-Zuffa for telecast of the Lesnar fight in the United States, Canada or over the internet in excess of $500,000.” Golden Glory believed they were owed a 30 percent commission on all of that dough. Overeem ultimately received his UFC 141 paycheck, which lead GG to attempt a run at his PPV bonus. Terms of their settlement were not disclosed. “The Demolition Man” is currently serving a nine-month testosterone suspension and is eligible to reapply for licensing as early as December 27th. He’s slated to make his return against Antonio “Bigfoot” Silva at UFC 156.

GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

WATCH: Klay Thompson can't go home unless he beats Steph Curry in 3-Point Contest

Star players are hurting Houston Rockets

Emmitt Smith: Adrian Peterson only current player who could break rushing record

Coach K gets buzzer-beater win over Virginia for his birthday

Baylor approves new measures to deal with sexual assault

Joe Mauer: Concussions blurred vision, affected hitting

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

LeBron James says Kevin Love-Celtics trade rumor is false

Michael Jordan gifts Kobe Bryant full set of Air Jordans

Bethune-Cookman football player killed at party

Former UFC heavyweight Kevin Randleman dead at 44

WATCH: Chelsea scores three goals in less than 20 minutes

Broncos safety Shiloh Keo arrested for DUI

WATCH: Klay Thompson beats teammate Steph Curry in 3-point contest

NFL teams, players hand out awesome Valentines

Earl Campbell ‘disappointed’ in Johnny Manziel, wants to help

Big man Karl-Anthony Towns wins NBA Skills Challenge

MLB commish: Cubs will host All-Star Game in near future

WATCH: Memphis forward recreates Vince Carter's elbow dunk in game

Bruins forward is goal scoring machine after suspension

Michael Jordan gives Kobe Bryant complete set of Air Jordans

Drake has Kentucky edition of custom ‘OVO’ Air Jordan 8s

QUIZ: Name every NBA All-Star Game MVP

Watch rare footage of Stephen Curry from 2001-02 emerges

Check out this custom camouflage Oregon helmet

Ejected John Calipari tweets “they don’t need me and I love it”

MMA News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Ranking the ten best free agent pitcher signings

Who had the best NBA All-Star Game of the last 40 years?

The winners and losers of the 2016 MLB offseason

On Kobe Bryant and taking greatness for granted

Bucks need to choose between wins, development

Fantasy booking WrestleMania 32

Unrestricted free agents each team must consider re-signing

QUIZ: Name the winners of the NBA Slam Dunk Contest

Thank you Daniel Bryan

The timeless greatness of Jaromir Jagr

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker