Nick Diaz Applying for a Promoter’s License in California

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February 4, 2012; Las Vegas, NV, USA; UFC fighter Carlos Condit (left) fights against Nick Diaz (right) during UFC 143 at the Mandalay Bay Events Center. Carlos Codit defeated Nick Diaz. Mandatory Credit: Kelvin Kuo-USA TODAY Sports

The rumors started swirling that UFC welterweight Nick Diaz was ready to dabble in the promotional business by starting his own mixed martial arts promotion based out of his hometown of Stockton, California. The speculation started when a website for a planned promotion called WAR Mixed Martial Arts at NickDiazPromotions.com popped up, along with a Twitter account.

Now, all of the rumors are becoming a reality.

The California State Athletic Commission told MMA Junkie that Diaz is indeed in the process of applying for his promotional license in the state.

Per their report:

"An official with the California State Athletic Commission on Monday told MMAjunkie.com(www.mmajunkie.com) that Diaz has started the process of applying for a promoter’s license in the state. Diaz, along with his brother Nate, famously are based in Stockton, Calif.The official cautioned, however, that much still needed to be done before WAR MMA could put on a show. Among the items the CSAC would need to review prior to approving a license include financial statements, resumes and an article of incorporation.The official did say that a background check on Diaz performed by the CSAC came back clean."

Diaz has said he wants to retire from fighting, but it looks like he has plans to stay in the sport.

The War MMA promotion looks to be in the process of coming to fruition, so it Diaz could go from fighter to business man. One thing is for sure: This has the makings of must-see television and you know Diaz would be able to get fighters to come fight under his banner. It will be interesting to see how this all works out.