Ufc should hire a pay check gatekeeper.

Versez

Versez

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It’s not normal that someone like Francis ngannou spent over 730k in camps and luxuries in less than a year. Should someone hire him a finance coach ?
 
More Salty Tears?
 
JudoThrowFiasco said:
No, grown humans don't need to be mandated a financial coach. There's an argument for kids coming right out of school to the pros but in the ufc, no. Most fighters are 25 plus
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That’s just it. You can’t make people who don’t care suddenly care. If you’re not smart with your money it’s because you don’t want to be.

Anyone with 250k+ can go get a financial advisor and accrue interest etc.

but those who don’t want to won’t, because get this…they don’t care.
 
JudoThrowFiasco said:
No, grown humans don't need to be mandated a financial coach. There's an argument for kids coming right out of school to the pros but in the ufc, no. Most fighters are 25 plus
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Look around . NFL has one. NBA does too. Please modernize yourself
 
Zebra Cheeks said:
That’s just it. You can’t make people who don’t care suddenly care. If you’re not smart with your money it’s because you don’t want to be.

Anyone with 250k+ can go get a financial advisor and accrue interest etc.

but those who don’t want to won’t, because get this…they don’t care.
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Agreed. Was kind of shocked most fighters don't register as a llc, shows a lot of them are not actively seeking out sound financial advisors which any business (which is what individual ufc fighter essentially are) should be doing.

I know the counter argument is ufc should pay them more, and while yes they should it doesn't mean that will nigate finacial ineptitude. Conssidering 74% of NFL players and 60% of NBA players report finacial issues, it's an individual thing, not an amount paid thing
 
Megatronlee said:
Look around . NFL has one. NBA does too. Please modernize yourself
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Hence why i said it makes sense for kids coming out of school going to the pros which is where those initiatives are applied. They don't enforce vets to take it.
 
Yawwwnnnn... 23rd of Jan can't come soon enough!
francis-ngannou-ngannou.gif
 
JudoThrowFiasco said:
No, grown humans don't need to be mandated a financial coach. There's an argument for kids coming right out of school to the pros but in the ufc, no. Most fighters are 25 plus
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Fighters are ultimately responsible for their money but it wouldn't hurt for the UFC to spend a bit of pocket change and mandate financial seminars once or year or offer some financial planning help. Especially given the nature of combat sports and the socio economic background of a lot of its labor. Unfortunately, broke fighters can be helpful to a promoter.
Zebra Cheeks said:
That’s just it. You can’t make people who don’t care suddenly care. If you’re not smart with your money it’s because you don’t want to be.

Anyone with 250k+ can go get a financial advisor and accrue interest etc.

but those who don’t want to won’t, because get this…they don’t care.
Click to expand...
Very true but it is and and a little mind blowing that a 10 billion dollar company can't be bothered to offer a little bit of financial planning help given it would cost almost nothing. Oh well.
 
avenue94 said:
Fighters are ultimately responsible for their money but it wouldn't hurt for the UFC to spend a bit of pocket change and mandate financial seminars once or year or offer some financial planning help. Especially given the nature of combat sports and the socio economic background of a lot of its labor. Unfortunately, broke fighters can be helpful to a promoter.

Very true but it is and and a little mind blowing that a 10 billion dollar company can't be bothered to offer a little bit of financial planning help given it would cost almost nothing. Oh well.
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OK, if they want to offer outlets for advice got those who want it, sure. But, mandating grown adults, I'm sure majority of fighters would pass considering It's really not that difficult for an individual to seek out and if they choose not to, I doubt they would be acquiescent to mandates.
 
JudoThrowFiasco said:
OK, if they want to offer outlets for advice got those who want it, sure. But, mandating grown adults, I'm sure majority of fighters would pass considering It's really not that difficult for an individual to seek out and if they choose not to, I doubt they would be acquiescent to mandates.
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Yeah I don't think mandatory training or advise would be the way to go. At most a one day seminar or some shit when they do their athletes summit every year. Or just offering more guidance, similar to what a lot of players associations do. Same thing with weight cutting and head trauma, UFC kicks the can on this stuff even though it would be very cheap to educate fighters and their camps. It's going to bite them in the ass one day.
 
avenue94 said:
Yeah I don't think mandatory training or advise would be the way to go. At most a one day seminar or some shit when they do their athletes summit every year. Or just offering more guidance, similar to what a lot of players associations do. Same thing with weight cutting and head trauma, UFC kicks the can on this stuff even though it would be very cheap to educate fighters and their camps. It's going to bite them in the ass one day.
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I'm not against offering the option. But it's one of those things in which apt people will do on their own accord and indifferent people won't partake in either way
 
JudoThrowFiasco said:
I'm not against offering the option. But it's one of those things in which apt people will do on their own accord and indifferent people won't partake in either way
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Agreed. Like I pointed out, the UFC also has a vested interest in fighters being dumb with money sadly. Part of what makes it more grotesque
 
avenue94 said:
Fighters are ultimately responsible for their money but it wouldn't hurt for the UFC to spend a bit of pocket change and mandate financial seminars once or year or offer some financial planning help. Especially given the nature of combat sports and the socio economic background of a lot of its labor. Unfortunately, broke fighters can be helpful to a promoter.

Very true but it is and and a little mind blowing that a 10 billion dollar company can't be bothered to offer a little bit of financial planning help given it would cost almost nothing. Oh well.
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Yes but you can’t do that because most of these guys can’t make rent. It would be like when McDonalds did personal budget training and the way they made ends meet for their employees was to have them get second jobs.

No. You want to keep it hush hush if you’re the ufc.
 
avenue94 said:
Agreed. Like I pointed out, the UFC also has a vested interest in fighters being dumb with money sadly. Part of what makes it more grotesque
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Usually falls under players association which would be up to the fights to form. I'm sure the the ineptitude of fighters does benefit the ufc, I'm just stating even if the ufc did offer it, guys who are currently apathetic to their own interests wouldn't take up the offer; and if you didn't mandate it those same guys would be asleep at the desk, doodling on their handouts or playing on their phones.
 
JudoThrowFiasco said:
Usually falls under players association which would be up to the fights to form. I'm sure the the ineptitude of fighters does benefit the ufc, I'm just stating even if the ufc did offer it, guys who are currently apathetic to their own interests wouldn't take up the offer; and if you didn't mandate it those same guys would be asleep at the desk, doodling on their handouts or playing on their phones.
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Yeah im on the same page. I guess the view I take of it as a fan is sure most fighters would ignore but say 10 fighters listen and have better post career lives? That's a pretty cheap cost to pay for what keeping a financial adviser on ufc retainer or payroll for less than 7 figures.
 
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