The world continues to turn and Buakaw Banchamek continues to fight his battles against his former gym of Por Pramuk. The Banchamek Gym Facebook page has been an incredible hub of information over the past few days, including Buakaw's public plea and demands from Por Pramuk and government intervention to attempt to settle the issues. It looks like Por Pramuk has to pay Buakaw 3 million baht (about $97,849) in back wages, they can waive that payment and release him from his contract, or continue to have him fight under the Por Pramuk banner until his five year contract with them expires and only take 40% of his fight purse.
Part of Buakaw's statement runs down all of the money which is owed to him, and it is a bit troubling. His K-1 pay in 2004 was 10 million yen/3.63 million baht and he received 1 million baht, which works out to $32,000 of about $118,000 which he was owed. 2005 was 2.5 million yen, he was paid $485 of $16,000. For 2006 he earned 20 million yen and only received $64,000 of $245,000. There is more if you follow that link, but it gives you an idea of the money being witheld from Buakaw and where part of his grievances lie.
As mentioned, the government is looking to step in with their ultimatum, looking to work out a deal between Buakaw, Thai Fight and Pro Pramuk gym to minimize the damages and how incredibly public this has become. Buakaw is a national celebrity and all of this cannot be good publicity. Government statement follows.