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Revenue sharing has been fought for since the 1900s in baseball
Media BuT uFc PaYs LiKe S---
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Who is that?This 38 year old man gets paid around $42k a WEEK and hasn't played a game since 2018.
So you think any contract that's signed by two parties should be legal and enforceable?
Sort of, but that's actually a big risk as it's a violation of your contract to share it.
So as a fight fan you'd rather elite fighters wash out and work normal jobs as opposed to fighting and entertaining us as fans?
MLB used to have a reserve clause, which is what a champion's clause is in practical terms. Reserve clauses were banned about 50 or so years ago, and that's what led to the explosion in athlete pay in baseball.
Yeah, and it massively failed until competition or free agency arrived. For example, baseball has its first CBA in 1968. Over the next decade, salary increased only 11.7 percent annually and wage share was 17.6 percent in 1974 (this was down from 22 percent two decades earlier). 1975 is when the reserve clause was eliminated and players could test free agency. Over the next decade, annual wage growth was nearly 30 percent, and wage share rose to over 40 percent.
This is all to say unions/PAs are useful, but their primarily benefit is improving the wage floor. They don't really affect wage share effectively, you need free agency or competition for that.
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Can I have his job?This 38 year old man gets paid around $42k a WEEK and hasn't played a game since 2018.
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Elite fighters are getting decent money. They make way more than me. Are they getting more than other sports stars in other high level sports? No and that isn't easy to fix without more fans to raise the level of competition among the fight organizations and allow new ones to get started to compete for the high level fighters. A transition is slowly occurring where MMA will eventually change places with Boxing based on age dynamics of the current fan base for both sports.
Most of the low level fighters that show up and then get booted from the UFC after a few fights are no different financially than lower level employees that are let go within the 90 day statutes where states allow businesses to treat them as temporary employees rather than full employees (basically they get no COBRA insurance, no benefits from the company, no separation money, etc.).
I won't say that contracts are fair. Somebody (usually the company or high executives) end up much better off than the little guys no matter what industry is being discussed. I signed a contract a long time ago to join the military (no war was active). I was to receive college money and would be able to see the world. I then spent the next four years out in the middle of a desert in a western US state and didn't travel anywhere. I was locked in a four year contract that would give me a dishonorable discharge if I quit. UFC fighters aren't the only people being taken advantage of by companies/governments, so if there is a problem then laws need to be changed for everyone (not just fighters). If the UFC isn't following the law then hopefully someone finds the violation and has a good lawyer to help remedy the problem.
If the contract information for fighters isn't shared then I suspect you wouldn't be making the comments you have made here. And if you are talking about these contracts then surely fighters who eat, breath and sleep fighting are going to have an easy opportunity to know all they can know on their options before they decide to sign on the line. The problem usually is that everything always looks greener on the other side of the fence. It looks much greener when things don't go as expected.
Somebody signs a contract hoping to realize their dream of being GOAT and making huge money. Early in their fight career, their undefeated fight record gets crushed on their first UFC fight and they suddenly realize they are only an average level fighter and will never make big money. Suddenly that contract they signed doesn't look nice any more.
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Gervonta davis aint shit tho...
Hes known for being mayweathers guy and his last K.O...thats it really...and still making more then Usman lol
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Lee Grant, Manchester United'd fourth choice Goalkeeper.
They're the most underpaid fighters actually.
No offense, I'm sure you're a lovely human, but you are nowhere near as economically valuable as a pro fighter. You aren't selling 500,000 PPVs or filling T-Mobile Arena. And also, Dana White makes even more than all his top fighters combined, so you're logic is iffy here.
You would likely need legal and regulatory changes to level the playing field. A 90 percent share of industry revenue is incredibly hard to compete with, hence the antitrust attention.
Not sure what you mean here. Boxing has a significantly more diverse and significantly younger fanbase than mma.
This is true. I wouldn't say low tier fighters are overpaid, but they are interchangeable. With the flip side of fight promotions have to be willing to run low tier fighters at a loss, or else too many prospects and potential draws would never make it to headlining status.
No offense, a military contract is significantly more lucrative than your standard UFC contract, not to mention more lenient in most ways.
Ali Act would be a start, but most people on this site don't understand what it would change and reflexively oppose it.
You would also need a crap ton of money and be willing to sit out the rest of your career. Hence it's no surprise people aren't suing the UFC to get out of contracts.
We have copies of contracts from lawsuits. All of them have a clause in them that forbid sharing them with anyone other than legal counsel or your agent/manager. Obviously, this isn't heavily enforced, but it has a chilling effect on how much fighters know about each other's salaries, which in turn is a big boost to the UFC's negotiating power.
Which is also why you won't hear about fighters complaining until their done. Unfortunately, too many people confuse silence with affirmation.
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Are there any stats available of fighter pay compared to profit? I feel that would be a more pertinent figure but I never see it.
Profit for some of the 2000s is available and EBITDA/Adjusted EBIDTA for pretty much every other year. And yeah fighter pay is public for nearly every year as well. If you want them. I feel like I gave them to you at some point but don't remember.
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Okay, I just feel it's relevant as some companies have huge revenues, but also huge costs and the actual profit can be a lot less than the revenue. I don't know how much the UFC spends on operating costs, promotional stuff etc.
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Uncle Jun is a bushman in the kalahari
Costs aren't particularly massive for the UFC, since again, they're pushing nearly 50 percent with EBITDA. And the UFC's actual loan payments aren't crippling, they're slightly under $100 million annually right now. And I'll also add that a good chunk of the UFC's debt stems from taking out loans to pay out dividends to owners, or the past few times, WME stakeholders.
This was the UFC's expenses from 2015, they haven't changed much since then, other than they have cut or contained a good deal of costs. It's 490.5 million in expenses against $609 million in revenue in 2015.
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