Fanmio issues statement in response to Nate Diaz lawsuit: ‘The truth will triumph’

Nate Diaz already has his next fight lined up.

The younger Diaz brother’s sophomore appearance in the boxing ring went better than his debut against Jake Paul last year (August 2024). Unlike that unanimous decision loss (watch highlights), Diaz went the distance in his rematch with Jorge Masvidal to win a majority decision (watch highlights) this past weekend (July 6, 2024).

Despite the positive result inside the ring, Diaz claims he’s been dealt a financial loss, filing a lawsuit against the promoter, Fanmio. According to Diaz, he’s currently owed $9 million, which Fanmio CEO, Solomon Engel, has rebuked via a press release.

Engel stated that Nate Diaz has initiated a baseless legal action against Fanmio, alleging fraud and breach of contract, despite the absence of any such occurrences. Engel further clarified that Diaz has already received a substantial sum for his participation in the fight. He expressed his anticipation for the dispute to be resolved through the proper channels, believing that justice will ultimately prevail. Additionally, Engel mentioned that the misleading and defamatory remarks made to the media with the intention of harming his family and himself have only reinforced his determination to guarantee the triumph of truth.

Diaz, 39, has boxed twice since he parted ways with Ultimate Fighting Championship (UFC) in September 2022. The one-time Lightweight title challenger has been optimistic about returning to mixed martial arts (MMA) and the promotion. He went out on a high note, defeating Tony Ferguson via a fourth round guillotine choke (watch highlights) at UFC 279.