“I’m not sure if this is widely known... But Alex signed a new contract with the UFC with a mandatory condition for this fight. So it wasn't a matter of one well-paid fight. It was a matter of all his next fights with much, much higher pay. So from this point of view, his decision is understandable,” Bairman is quoted as saying by Medium.
Let us remember that last year Volkanovski suffered two defeats from Makhachev. In February he lost by decision, and in October by knockout.