Eddie Alvarez has confirmed today to iguillotine.com that he will indeed be competing on Bellator which will air on ESPN Deportes. “The contract is signed and I got my advance.” according to Alverez who is 15-1 and on a 5 fight win streak.

Alvarez also stated that he would be entered into the tournament and will have camera crew following him around for his training in preparation for his fights during the three month taping process.

Sherdog.com reported that Bellator Fighting Championships is banking that a mix of the “old school” tournament style and modern-day storytelling is the right recipe to keep it afloat in an increasingly difficult to weather MMA market.

The promotional newcomer will debut its 12-week fight series on ESPN Deportes in April 2009, and will center around four eight-man tournaments utilizing the 145-, 155-, 170- and 185-pound divisions. Live fight events will be taped on a Friday in venues across the country and aired Saturday nights on the Spanish-language channel, which has more than four million subscribers out of the nine million recognized Hispanic cable homes.