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He has to fight out the contract first. So the better fighters we want to see him fight, he wants more money. Once this contract is over, he will ask for more because it will be time to fight higher opposition
I wonder how many fights he has left on his contract. The UFC likes to sign guys to these 8-fight contract extensions when they are down to 1 or 2 fights so they can lock them in for a while.
If O'Malley is smart, he won't take Dana's bait and instead fight out his contract so he negotiate a better deal.