Receiving Payment is a Nightmare for Dream Fighters

Written by Tom Ngo
November 24th, 2008

It seems as though yet another fighter is not happy with the timeliness in which he received payment from Dream after fighting for the company. Bantamweight sensation Joseph Benavidez last fought for the organization at Dream.5 back in July, however didn’t receive payment for his services until September. The 9-0 Benavidez has since terminated the remaining two fights on his Dream deal and signed with the WEC.

In a statement released to MMAJunkie.com, Benavidez’ manager, Jeff Meyer, spoke out on the fighter’s behalf regarding Dream’s late payments:

Our company manages undefeated bantamweight, Joseph Benavidez (8-0). In June 2008, Joseph signed a two fight deal with DREAM. He was to fight Kid Yamamoto at DREAM 5 on July 21, 2008.

Kid was subsequently injured and Joseph fought Junya Kudo instead. Per the terms of Joseph’s contract, he was to be paid within two weeks of the bout via wire transfer. The transfer did not occur on time.

In the later part of August and early September, our company sent several demands for payment. DREAM provided no response to our demands whatsoever. Finally, about 30 days after the agreed due date, the payment was made with no explanation as to the delay.

Top lightweight fighter Nick Diaz was the first to bring Dream’s compensation issue to light, when it took the company more than five months to pay him for his bout against Katsuya Inoue at Dream.3.

Mike Kogan, the U.S. representative for DREAM’s parent company FEG, dismissed Diaz’ late payment, stating that it was due to human error in his accounting.

“In Nick Diaz’s case, I don’t know who, but obviously there’s a lot of people that work for FEG in our accounting department,” Kogan told the website. “And half of them don’t even know what Nick Diaz looks like. They’re just paper-pushers. Well somebody apparently filed his (account) as paid. So as far as our accounting was concerned, he was paid.”

Earlier this year, Jimmy Ambriz and Todd Moore both complained about the timeliness in which they received payments from Dream for services rendered as well.

Benavidez will be making his WEC debut on December 3rd against Danny Martinez at WEC 37.

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