LAS VEGAS – Jorge Masvidal has signed a new contract with the UFC days before one of the biggest fights of his long career.
Terms of the deal were not disclosed, but Masvidal’s co-agent Malki Kawa of First Round Management announced on social media Thursday that Masvidal had written an extension that would make him one of five highest paid fighters on the UFC roster.
Masvidal, who has been a professional fighter since 2003, battles former best friend and roommate Colby Covington in a heated grudge match Saturday at UFC 272 at T-Mobile Arena.
Kawa wrote on Instagram that Masvidal’s deal was signed after five months of negotiations with UFC business manager Hunter Campbell.
Masvidal, 37, has emerged as one of MMA’s biggest stars following a late-career revival that kicked off in 2019 with knockouts of Darren Till and Ben Askren and a TKO win over Nate Diaz. Askren’s five-second knee knockout of Masvidal was the fastest finish in UFC history.
“His contract pays him like a champ and more,” Kawa, who represents Masvidal along with his brother Abe Kawa, told ESPN. “And the duration will be that he finishes his career in the UFC.”
Masvidal (35-15) has lost two straight, both in UFC welterweight title fights against Kamaru Usman, ESPN’s top pound-for-pound fighter. Hailing from Miami, he has been with the UFC for nine years. Masvidal fought all over the world before that and started his career fighting in South Florida alongside the late Kimbo Slice.
At the UFC 272 press conference on Thursday, Masvidal noted that he would get a portion of the pay-per-view revenue, unlike his opponent Covington. Covington said this fight, because of his personality, was not about the money.
“My kids’ kids are going to be good for a long time,” Masvidal said of his new contract. “So you’re selling that pay-per-view, boy.”