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Fucking handshake deals? Seriously???

Here’s an article that should tell you just how terrible the current crop of sports agents are in mixed martial arts. The whole thing starts off talking about how the ‘handshake deal’ is on it’s way out:

“It’s becoming more of a business than a sport,” said the Bettendorf, Iowa-based Cox, whose 60 some fighters include Matt Hughes, Tim Sylvia, Rich Franklin, Jens Pulver and Robbie Lawler.

“I’m an odd character in that I don’t do contracts,” he said. “For 13 years, I’ve gone on a handshake. But now, it’s become a little different in that you take somebody that you’ve developed and you’ve built and they’re making a lot of money and then they jump to somebody else. And it leaves you holding the bag.

“So now I’m definitely thinking about” going with written contracts, said Cox, who is also a veteran promoter with Extreme Challenge, which he owns, and other promotions.

Let me tell you what: any manager that tries to create a business relationship with a fighter that isn’t laid out with a contract deserves to be laughed out the fucking door. Jesus Christ, the way all these agents talk, you’d think they’re firm believers in the power of PLUR or some shit. Handshake agreements might be good for one shot deals or simple crap like “I’ll get you this but you give me that”. But nowadays the sport has taken off to a massive degree and there’s so many facets that having no contract is past being silly and up there with being the most foolhardy shit ever.

So is it any surprise to anyone that Monte was the guy who got taken for a ride with that whole M1 Global / Fedor thing? I remember when we first heard that Fedor hadn’t actually signed a contract with the organization and always wondered what the fuck was up with that. Well, I guess it was maybe because Monte thought he had a very firm and trusting grip.

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