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Yes it's been discussed before (but so has basically everything) so if you aren't interested just keep moving.
I feel something needs to be done to ensure fighters are properly discouraged from missing weight, opponents aren't overly disadvantaged and fight fans get to see the fight that was booked.
My solution which I feel ticks all boxes is fairly simple, easy to implement and wouldn't effect betting on the event.
If you miss weight you can not win the fight, your options are lose or no contest. You failed to met the requirements for entry to the fight as such you can't possibly win. Currently it is advantageous to miss weight on a big fight if winning gets you a title shot.
If your opponent misses your options are win or no contest. Currently the biggest loser when someone misses weight is the opponent, sure they get a small bump in pay for risking their win record. This way sure they may suffer a highlight reel loss but they don't have a loss on their record.
The precedent for this already exists with drug testing failures.
This is over and above the existing 20% purse deduction, which is insignificant when compared to the value of a loss when renewing a contract.
Thoughts?
First miss: 25% of purse, lose a point in the first round.
Second miss: 50% of purse, begin lose a point in first and second round, 1 year suspension.
Third miss: Fight cancelled, 2 year suspension, must move up weight class and opponent gets at least show money.
Implement that missing weight will stop real quick.