Depends on the person. Some train the next generation, others film documentaries on dinosaurs.
800k is not all for Tim.
Taxes.
Managers.
Coching.
That is WHY Tim is doing roofing or what ever manual labour job he is doing.
No it's not, it's because the guy couldn't manage or juggle his finances properly and probably blew his income thinking his lavish and lucrative lifestyle would last forever. Even if he cleared a quarter of that, it's more than enough to invest into the property market. There are guys who made a hell of a lot less that have done fine in their circumstances.
if you do a bit of research you'll find most of them have brain damage and not a pot to piss in. I'm not trying to come off as a smart ass, but seriously do some searching. Unless you're one of the golden children like chuck, matt hughes etc life isn't too good for most of them. A lot of fighters aren't cut out to be trainers or coaches.Many MMA fighters have retired or washed out from professional competition in their 30's. What do they do next? What options do they have to earn a living? How do they maintain the same standard of living?
WRONG.
Yeah I hate the whole "oh they can just coach".
Most martial arts gyms the money is made in the kids program (charisma and variety are much more important than martial arts achievements/record).
and
If you live in a decent city then it might be hard to open a gym just off you name. For example I live in Dallas and its so saturated that MMA legend Guy Mezger and Muay Thai Lumpinee stadium champ Saekson Janjira have hardly any fighters (the gym saturation is so high that these two barely have anyone asking them to train them for fights). They make money on kids and casuals like most people
Don't know about Guy's situation but not many people these days want to learn actual Muay Thai. MMA is the big thing these days, which is strange considering how many people still think grappling is for homosexuals. Saekson is a funny dude though.
I live in LA and it has the largest Thai population outside of Thailand itself. There's barely any Thais here teaching MT. Why? There's no demand for it.
I'm a few cans short of a six pack at the best of times.
Are you sure the thais living here might not just have some moral objections to it out of principle? They send their 8 yr old kids to get battered for a living to take care of them. Maybe they don't like the darker side of it.Don't know about Guy's situation but not many people these days want to learn actual Muay Thai. MMA is the big thing these days, which is strange considering how many people still think grappling is for homosexuals. Saekson is a funny dude though.
I live in LA and it has the largest Thai population outside of Thailand itself. There's barely any Thais here teaching MT. Why? There's no demand for it.
Both those guys had good careers before they became fighters also
CLEARLY.
I have an old training partner who was a champ in smaller orgs and recently fought and lost his first fight in the UFC. His pro mma career has paid for is education and he is currently working on getting his masters.
I think (maybe) the they need to be financial set for life is a very American way of thinking.
Footballers makes shit loads of money if you make it to the bigger leagues.
I know about guys that played on the highest level nationally and even made the national team but never got to go abroad. A lot of those guys has to get a second career when pro ball is done. Same with ice hockey players.