The guys from DSE did a pretty good job of fucking over Zuffa with the PRIDE sale. If I was to compare that business deal to a high school scuffle, I’d say DSE pantsed Zuffa, gave them a wedgie, and hung them from a coathook in a toilet stall. In other words, total ownage to the extreme.
But now it looks like Zuffa has run home and tattled:
–Pride FC Worldwide Holdings (basically the dummy company set up by UFC after the Pride purchase) have filed a lawsuit against Dream Stage Entertainment, Dream Stage Holdings and Nobuyuki Sakakibara claiming they were defrauded millions of dollars in the purchase of the Pride and Pride Bushido brands.
According to Zach Arnold (who is starting to get a creepy Nostradamus vibe going again), Zuffa got stiffed in pretty much every possible way:
- Fighter contracts: Non-transferrable
- Pride employees: Uncooperative and scheming
- Pride brand: useless in Japan due to yakuza scandal
- Video Library: Haha, turns out that was owned by Fuji TV
- Killed the competition: If by killed the competition they mean bought up the competition’s debt and now the competition is running shows again in everything but name, then sure. But I don’t think that fits the textbook definition of ‘killed’. Closer to ‘helped’.
I’m sure Zuffa got a bunch of office supplies, a few desks + chairs, and some cool merchandise out of it. But after you pay somewhere in the realm of high millions, I imagine you expect a bit more. But hey … this is business, people. I’m interested in knowing how the fuck Zuffa’s going to explain the fact that they didn’t realize they were getting fucked. Are they going to claim they didn’t understand all that squiggly squok writing the Japanese put on the contract? Did Dana White call their Japanese lawyer “Long Dong Duck” or something?
I’m clueless to how international business works, but I do get the feeling that it’s going to be kinda hard getting any money out of a shady Japanese company like DSE. So what’s the point behind this lawsuit? Is Zuffa just continuing the trend of litigation to prove no one fucks with them without heading to court? Is this all just a big play to appease the Nevada Gaming Commission? I’m sure shit will settle somehow like all fun lawsuits do before court (unlike shitty lawsuits like Zuffa vs Couture which will end in 2022). But if it doesn’t it’ll be interesting to see what comes out of this.