The aftermath of Fanmio’s first endeavour into combat sports isn’t looking so good.
The company promoted the Nate Diaz vs. Jorge Masvidal boxing match that took place July 6 at Honda Center in Anaheim, Calif. Diaz won the bout by majority decision, and now he has filed a lawsuit against Fanmio claiming fraud and breach of contract for failure to pay his agreed upon compensation of $10 million.
MMA Junkie obtained a copy of the lawsuit Monday after TMZ first reported that Diaz filed in U.S. District Court in Miami, claiming Fanmio CEO and founder Solomon Engel is unwilling to pay the complete $10 million sum that was agreed upon for Diaz’s participation in the boxing match with Masvidal. Diaz said only $1 million has been sent.