macman1000 - Sounds like Bellator from what i heard.
yep
yep
victorpoprock - LGSM, direct question- Is it Bellator?
yes
LGSM has no idea of the detective skills i have!!!!!
ps. you are a great company from what i heard and i wish you all the luck in the world!!!
Jason,
to answer your question...my name is PRICELESS.
LGSM - I agree vengence, they want to own you and yet have no obligation to you.
It is your legacy, you build it and these promotions should showcase that not try to own people.
good thing is that i do have a degree in marketing and a good deal of experience within that field.
so when i am able to get there, to that level; well if I do.... then I will make sure to never fall for any of those kinds of deals.
i'll stick to lower shows if thats what id have to do to keep my dignity in tact
The funny thing about all of this is the way Bellator came on to the scene saying and doing all the right things and then BAM, they do the complete opposite. They stated the following reguarding the Strikeforce contract dispute with a few fighters.....
urdirt.com/2009/02/23/bellator-fc-willing-to-work-with-strikeforce/
“I’m kind of old school,” he said. “If the best fighting the best means that (Strikeforce) fighters would match up through our ESPN alliance on Bellator shows, that’s what will happen. If the best fighting the best would mean there’s an opportunity to test an Eddie Alvarez or a Wilson Reis or a Jorge Masvidal against the best that fight for Strikeforce that would be very cool from my perspective.
“I’m not the kind of promoter that says you’ll fight under this banner and this banner alone,” said Rebney. “If we can make those things work – and I think Scott’s shown a pretty open willingness to make those kind of things happen – and it were the right kind of fight, I’d be completely open to it.”
victorpoprock - So does anyone know if alvarez signed this garbage?
I can probably find out, i live down the block from the Fight Factory and i'm also a member there so i will check it out. I doubt he would though because Eddie is not dumb, he even turned down offers from the UFC because he didn't agree with the terms.
Too late for them, I already have my name trademarked. :)
/
I cant imagine anyone would do that
That's insane.
I doubt the top guys signed with those clauses. They are all pretty smart about their business. Its the young up and comer that will be tangled in the web.
LGSM,
... another 'aspect' is the merchandising rights clause... they take all the rights they need under this agreement, and then apparently make you think you will get something back in a separate merchandising agt....
first/last right of refusal... matching right... wow...
I have often decried the fact that promotional agreements have been bastardized, unconscionably in my view, to put the Fighter in the position of service provider, when in fact it is the Promoter who is the service provider.
I would highly recommend that a fighter consider proactively trademark his name for himself - at the very least this raises a negotiating issue... the Promoter can not own the trademark if you already own it, so the parties will have to find a way to work through the issue. And even if you give the Promoter a license under your own trademark, via statute there are a number of rights/obligations that may work to your advantage (that you probably would not be able to negotiate for yourself)... so you may gain some (limited) protection.
Tahiti Bo - LGSM,
... another 'aspect' is the merchandising rights clause... they take all the rights they need under this agreement, and then apparently make you think you will get something back in a separate merchandising agt....
first/last right of refusal... matching right... wow...
I have often decried the fact that promotional agreements have been bastardized, unconscionably in my view, to put the Fighter in the position of service provider, when in fact it is the Promoter who is the service provider.
Tahiti Bo - LGSM,
... another 'aspect' is the merchandising rights clause... they take all the rights they need under this agreement, and then apparently make you think you will get something back in a separate merchandising agt....
first/last right of refusal... matching right... wow...
I have often decried the fact that promotional agreements have been bastardized, unconscionably in my view, to put the Fighter in the position of service provider, when in fact it is the Promoter who is the service provider.
I would highly recommend that a fighter consider proactively trademark his name for himself - at the very least this raises a negotiating issue... the Promoter can not own the trademark if you already own it, so the parties will have to find a way to work through the issue. And even if you give the Promoter a license under your own trademark, via statute there are a number of rights/obligations that may work to your advantage (that you probably would not be able to negotiate for yourself)... so you may gain some (limited) protection.
Great advice. I told the fighter the same thing file your own and if they want it they can buy it.
The merchandise agreement and potentially no sponsors allowed is another majior issue. If they choose not to use a fighter in the tournament (they can at any time) he gets a contract at $2k and $2K and it goes up $500 only if he wins. Tournament winners start at $7K and $7K.
They can release you if and when they want.
They want to be held harmless for anything but do not hold the fighter harmless.
I think if this is the sports new directions all fighters (big and small) should trademark their name, get a LLC filed and do everything in your power to protect and build the asset which is your name.
^^^^^^^Exactly what everybody should do if this is the direction our sport is going. I think it only cost like $125 to trademark your name and get a LLC filed.
LGSM -All of which is very simple, very low in legal fees, and in state filing and USPTO fees... well worth the protection.
I think if this is the sports new directions all fighters (big and small) should trademark their name, get a LLC filed and do everything in your power to protect and build the asset which is your name.
LGSM -Not sure what you mean by "buy" - you mean assign and/or license? I would think that it would be difficult to negotiate cash consideration for a license (and the Fighter would be crazy to assign the trademark). Likely outcome would be a royalty-free license under the trademark. The advantage here is not monetary (of course, it would be great to be able to squeeze out some $), it is the fact that the Fighter would have some comfort in falling back on statutory trademark rights with respect to the Promoter's use of the mark (esp. if it is an exclusive license) - things like quality control, &c.
I told the fighter the same thing file your own and if they want it they can buy it.
macman1000 - ^^^^^^^Exactly what everybody should do if this is the direction our sport is going. I think it only cost like $125 to trademark your name and get a LLC filed.Trademarks are $325 per class (number of clasess depends on how many different products/services you want to cover) if filed electronically, plus a couple hundred in legal fees if you have lawyer do it.
LLC depends on state of filing, but is usually around $150, plus a few hundred in legal fees if you have a lawyer draft very simple operating agt, &c.
Tahiti Bo -macman1000 - ^^^^^^^Exactly what everybody should do if this is the direction our sport is going. I think it only cost like $125 to trademark your name and get a LLC filed.Trademarks are $325 per class (number of clasess depends on how many different products/services you want to cover) if filed electronically, plus a couple hundred in legal fees if you have lawyer do it.
LLC depends on state of filing, but is usually around $150, plus a few hundred in legal fees if you have a lawyer draft very simple operating agt, &c.
Oh ok thanx and i must have been thinking about just the LLC filing because i was told it was $125 here in PA. Even with the price of the Trademark classes though it is still WAY worth it.
Bellator sounds really shady. Check out this article:
http://www.total-mma.com/2008/12/14/bellator-things-better-left-unsaid/