An undisclosed sponsor allegedly cancelled its payment to Bellator lightweight title contender Rick Hawn for coming up short to unbeaten champ Michael Chandler last week.
While Hawn would not disclose the company due to a pending lawsuit, he posted a statement made by said sponsor explaining the cancellation of payment.
"At this point, a stop payment has been placed on check which cannot be cashed or deposited now"
"I will not comment on Rick and his fight. That is not my place. But what I will tell you is this: I took a huge chance with him. TV exposure was great…but it only holds weight if he wins or puts on a good show. Neither happened. At the end of the day…not one sole (sp) will run to [my] store and buy product because they [saw my logo and saw] Rick loose (sp) the fight. I've made it my career and business to know what nets a return on investment for the brand…and this is the number 1 reason why I DO NOT hand out money or product to fighters."
The bout in question took place last Thursday during Bellator's debut on Spike TV where Hawn was submitted by champ Chandler in the second round. Despite the losing effort, Spike TV executives announced earlier this week that 950,000 viewers tuned in to see the lightweight title clash.
The defeat to Chandler snapped a three-fight win streak for the judo Olympian, which included back-to-back knockouts of Ricardo Tirloni and Lloyd Woodard and a decision over Brent Weedman. The series of victories won Hawn the Bellator Season Six Lightweight Tournament, having also made it to the finals of the Season Four Welterweight Tournament in 2011.
When contacted by CageReligion.com on Tuesday, Hawn declined to comment due to a pending lawsuit.