Despite poor ratings in Japan that had many questioning its future beyond 2008, the FEG owned DREAM organization appears to continuing operations into 2009, or at least, that’s what this press release announcing their partnership with HDNet Fights insinuates.

DALLAS (November 21, 2008) – HDNet Fights announced that it has extended its existing partnership with FEG USA, Inc. to present the DREAM Mixed Martial Arts events in 2009 and beyond. This announcement makes HDNet the exclusive North American television destination for the DREAM MMA events.

“We’re very happy to expand and continue this successful partnership with FEG USA, Inc.,” said Andrew Simon, CEO of HDNet Fights. “DREAM is known for having the best MMA tournaments and superfights in the world and clearly has the greatest production and fighter entrances in the sport. This partnership solidifies our commitment to being THE Home of MMA.”

“It has been a good year for DREAM,” said Mike Kogan of FEG USA, Inc. “We are glad that FEG is able to continue its partnership with HDNet and bring more DREAM action to North American Fans.”

Airdates and times for the upcoming DREAM events will be announced at a later date.

A second press release also announced that HDNet will be broadcasting FEG’s K-1 and K-1 MAX events, although it didn’t specifically name the K-1 Dynamite!! 2008 show scheduled for NYE, it would seem likely that it would air on HDNet.

Does that mean DREAM is in a good place now? Maybe not considering they are way overdue on paying certain fighters from past DREAM events, much like they with Nick Diaz earlier this year.

Following a recent five-month delay in payment to lightweight contender Nick Diaz, the Japanese-based DREAM promotion has again run behind on compensating its fighters.

The participants in question this time are heavyweight Jimmy Ambriz (13-11-1) and lightweight Todd Moore (9-3). Both U.S.-based fighters participated in September’s DREAM.6 event.

“As far as I’m concerned, they pretty much have stiffed us,” Moore told MMAjunkie.com (www.mmajunkie.com). “The fight was Sept. 23, and we’re going on into [late November] and they still haven’t paid. That’s two months. That sucks, man.”

Of course, DREAM is blaming all of this on accounting and tax issues, not a lack of funds, and they say the money is on it’s way.

At least for now, if you believe FEG, it looks like DREAM is OK. Hopefully, that’s the case, but I guess we’ll just have to wait and see. After all, every last one of them claims everything’s great, some even while they’re on their death bed.