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Most basketball teams actually lose money too from what I've read
...... yeah.
Most basketball teams actually lose money too from what I've read
And that’s just a rookie. If you have 2 years of experience, the minimum is 1.6M.$900K minimum is pretty much getting it.
Lebron and other max players are subsidizing that.And that’s just a rookie. If you have 2 years of experience, the minimum is 1.6M.
Yeah that's why smart business men are willing to pay a Billion dollars to get their mitts on a team.
UFC fighters are definitely underpaid but an NBA team brings in tremendous revenues and only has 12 players on each team to dispense the big money to.
...... yeah.
Most basketball teams actually lose money too from what I've read
% of revenue to the athletes is a pretty useless stat. Fixed costs are going to be less in the NBA because they're just there, whether you make $4b, $20B, or $100B revenue, they're just there. So they're going to be a bigger portion of $4B revenue than $100B revenue. A more useful number would be the % of profit that goes to the athletes.They get half of the revenue. Ufc only gives fighters 20%
Being a ref?
There is a Brunson in the NBA.
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Not only that NBA has over 1250 events a year.Tv deals. Locally, nationally, and internationally.
% of revenue to the athletes is a pretty useless stat. Fixed costs are going to be less in the NBA because they're just there, whether you make $4b, $20B, or $100B revenue, they're just there. So they're going to be a bigger portion of $4B revenue than $100B revenue. A more useful number would be the % of profit that goes to the athletes.
Even that would be useless because athletes might be responsible for more revenue in the NBA than the UFC; the UFC sells tons of UFC shirts and hot dog branders -- the NBA sells tons of athlete specific jerseys. So of course the athletes will get a bigger chunk there.
You can't compare 2 completely different sports like that. But if you do, look at % of profit.
IMO the UFC is clearly the highest paying organization for fighters at all levels. Especially at the bottom. Over half the card on Bellator often makes under $5,000 or $10,000. You see multiple guys making $1,000 a fight!! The UFC pays way better.
True dat.A lot easier to be some third rate karate fighter than be a NBA pro.
Imagine having to fight for a living. Sad.
A lot operate at a loss. However, the value of a franchise also increases over time. When you eventually sell the team, you make that money back.
Most owners own it just so they can join the elite club of other billionaires, they don't try to make a operating profit out of it.
Some franchises are worth more than the entire UFC
Average nba salary is 8.2 or 8.3 million. Frigging Gordon Hayward who is a cripple just signed for 120 million in 4 years. NBAs collective bargaining agreement is very strong.I'm inclined to agree. Derek even assumes "everyone" in the NBA is getting it, which isn't really accurate. 150 million/5 years contracts (like the one for D'Aaron Fox) are normally for All - Star tier players.
On average, NBA salaries far dwarf MMA fighters', though.
$900K minimum is pretty much getting it.