Dave Meltzer: Nick Diaz Lost a Seven Figure PPV Cut For His UFC 137 Antics

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Wrestling Observer writer Dave Meltzer had some interesting insight into the whole Nick Diaz UFC 137 saga that has dragged on over the past week. Specifically, Meltzer talked about how much money Diaz lost out on when he was removed from the main event fight with Georges St. Pierre. He was eventually inserted back into the picture in the co-main event against B.J. Penn, but Meltzer thinks he won't make much more for that fight than he would have if he had defended his Strikeforce welterweight title against Tyron Woodley. Here's what he had to say (WO is subscription-only):

Diaz was punished for no-showing in a big way, including being taken out of a fight he’s wanted for years and basically his career in UFC was at stake if he wouldn’t have faced Penn, The difference in what he’s going to make fighting Penn in the semifinal with what he would have made against St. Pierre is said to be in the seven figures due to the PPV cut. He’s also out of the title picture, at least for this year. He’s gone from seven figures, even if he lost, to essentially very slightly more than he would have made had he fought Tyron Woodley in Strikeforce for the welterweight title he vacated to get the St. Pierre fight.

For a guy that talks about money so much (or for anyone really), that's a huge, huge loss.