The Alvarez settlement with Bellator that led to him facing Michael Chandler on the 11/2 PPV show was unique. Alvarez signed a two-fight contract with Bellator, and when the second fight is over, he is an unrestricted free agent, meaning he can go to UFC and Bellator has no rights to keep him by matching an offer. If Chandler wins, Alvarez is a free agent and doesnt have to do the second fight. If Alvarez wins the title, he would have to give Chandler a rematch, but win or lose, he can leave at that point. Bellator is counting on the idea that Chandler, who has looked great of late, can beat Alvarez at least once in two tries. While Id say the odds are in their favor, they are risking looking really bad. What can be worse is to have a guy come back in, beat the best guy in your promotion twice, hold your title, and then go to UFC. No word on the financial terms but I doubt it was the same terms they had offered him originally on the eight-fight deal.
You know, I hadn't considered the possibility of Eddie somehow coming off a year on the shelf to beat Chandler twice and leave the company with the strap. Bellator really penned a contract without a champion's clause? Just imagine Eddie getting the last laugh.