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Chat Wrap: Eddie Alvarez's UFC-Bellator situation, Strikeforce's end and more

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Who is right in the Eddie Alvarez situation? Is it UFC, for giving him such a generous amount plus offering bonuses like pay-per-view points and the intention of an immediate title shot? Or is it Bellator for saying the only thing guaranteed in the UFC contract - and therefore, the only thing they're required to match - is cash?

Think of it this way. Bellator turned UFC fighter Hector Lombard makes a ton in cash, but also have pay-per-view points. Yet, in what will be three fights under the Zuffa banner, he's only fought once on pay-per-view. And had he headlined against Brian Stann at UFC on Fox 4 as intended, it could be that all three of his fights were on free television. Bellator has a point when they say nothing is guaranteed, so what is there to match?

Yet, it doesn't take many pay-per-view appearances to make a buck. Even on a low-buyrate event, Alvarez could arguably draw an extra $30,000 or perhaps far more. That's not a huge sum of money, but it isn't insignificant either.

So join me today to discuss all of this and more. In terms of today's chat, anything is up for discussion, but I will lead with this and it all kicks off at 1 p.m. ET. Oh yeah, and we'll get into the Strikeforce stuff, too.

As is customary, I'll post the video window here as the event draws near and I'll answer any questions you may have if you post them in the comments section below.

If you want to join me on Google+ and let everyone see your face, now you can. Go to today's livechat Google + page. If you're interested, join the service and leave a comment on this post on our Google+ page. Once you do, I can invite you through to the chat. Just want to participate in the comments? No problem. Participate however you feel most comfortable.

Talk with you all at 1 p.m. ET.