California is the First State to Start MMA Fighter Retirement Fund. Starts in 2024.

[Spam On Rye]

Sounds nice but California is run by criminals so I have my doubts.

 

[wwkirk]

This program may or may not be a good or great thing, but I don't see how it can be a bad thing. Even if few fighters wind up getting money from it, they're not losing any money, are they? I gather the funding will come from taxing ticket sales. That will suck for attendees in Cali, but won't affect anybody else.

Really don't comprehend the negativity. As a non-Californian, my attitude lies between "maybe it will be a good thing" and meh.

 

[Lee_]

There is a derangement around California that has no logical basis for folks that have been told by cable news its the worst place in America.

Most of these people live in the bible belt or fly over states and have absolutely no concept of what is actually going on. Which also sadly has some of the worst healthcare outcomes, schools and life expectancy.

California is imperfect - nowhere is perfect - but its extraordinary in many ways. The cost of living is so high because its attracted the most successful people on planet earth.

Totally. Just bring up CA and you get all of these bizarre responses from these people whose only experience is hearing from yokels and Fox news of this mythical evil place called California. They angrily spew all of these things they heard that are either outright false or totally slanting the truth. Look at some of the comments in these threads; they have no basis at all in reality and fact.

Yes, the bible belt not only is challenged, but they don't produce much for the country. Blue counties account for 70% of the US GDP, and that is a fact, and has been for a while. That is one that is hard to swallow for many.

You are exactly correct- demand drives price, and the reason people pay more to be here is people want to be here more- there are so many more opportunities here than most other places. This creates its share of problems with housing shortages and all, but these are hard facts of economics and business.

Biden-voting counties equal 70% of America's economy. What does this mean for the nation's political-economic divide? | Brookings

 

[Mohawk Banditó]

Totally. Just bring up CA and you get all of these bizarre responses from these people whose only experience is hearing from yokels and Fox news of this mythical evil place called California. They angrily spew all of these things they heard that are either outright false or totally slanting the truth. Look at some of the comments in these threads; they have no basis at all in reality and fact.

Yes, the bible belt not only is challenged, but they don't produce much for the country. Blue counties account for 70% of the US GDP, and that is a fact, and has been for a while. That is one that is hard to swallow for many.

You are exactly correct- demand drives price, and the reason people pay more to be here is people want to be here more- there are so many more opportunities here than most other places. This creates its share of problems with housing shortages and all, but these are hard facts of economics and business.

Biden-voting counties equal 70% of America's economy. What does this mean for the nation's political-economic divide? | Brookings

States like Cali have high expense cuz they gotta afford their own people and all the deficit created by the real 'welfare states," whose finances are much like their voting, in the red

 

[Local Plata]

WTF is this. Fighter needs 39 rounds in California to access money the promoter pays in. That's 13 fights.

This seems like a fishy money grab.. who keeps the interest generated from the retirement fund and what company is paid to manage it?

Find me a UFC fighter that's fought 13x in California. It's going to be a small list.

Is anyone in here familiar with how the boxing retirement fund works?

You know there's other organizations that operate in CA besides the UFC, right?

 

[m249viking]

Before I do the math why don't you do the reading and actually understand what's happening with this legislation

Yeah yeah you can’t do basic math and you can’t analyze the track record of the legislature so you’ll keep swallowing.

 

[TR1]

Ha? 520 billion in debt. Haha

"Hahaha" in other worlds you live in some shithole that cries about California to make up for this irrelevance.


Do you even understand how state issued debt works?
The US is the most indebted government in the world by far, do you think it is broke too?

 

[TR1]

Last man in California can't rent a U-haul

California has more wealthy people than any Red State, by FAR. Sucks to be poor.

 

[GearSolidMetal]

Sounds like the UFC is going to have fewer & fewer fights in California, especially when Las Vegas is the fight capital of the nation and is a short drive from LA.

 

[Lee_]

Sounds like the UFC is going to have fewer & fewer fights in California, especially when Las Vegas is the fight capital of the nation and is a short drive from LA.

Why is that? Sherdoggers who have been to recent UFC events said the decent seats started at $2000. The UFC is going to avoid CA because people are going to boycott over having to pay $2001 dollars instead of $2000? I don't really see it.

Even smaller shows charge too much for anyone to get upset over a dollar.

I think most MMA fans would even be willing to support it if it's only a dollar or two. I'll give these chaps a few bucks to help when they get old and need the money. It's the least I could for someone getting CTE for my entertainment.

 

[Lee_]

Ha? 520 billion in debt. Haha

lol this is exactly the kind of statement that I was talking about.

Pull a headline and say gotcha!

You could learn something by actually looking into that number. I'm not going to explain it, but here's a clue- notice all of the places with high state debt also have high population and industry? Something to think about....

 

[trenton123]

Probably only applies for fighters who end up being criminals

 

[Frank Kain]

There is nothing funnier than some outsider from some shithole nowhere state crying about California.

Here,here…well put. I live in Iowa (wasn’t born here), and I like it here…but it never ceases to amaze me how Iowans hate on California. They watch way too much Fox News and Newsmax. They also have this idea that ‘deficit spending’ and ‘socialism’ exists primarily there…uh, no, morons, California creates revenue to pay for the deficit spending in states like Mississippi and Arkansas, etc.. What do Iowans think farm subsidies are…psst, it’s a form of welfare….

not that I’m against farm subsidies to protect the food supply, but slow down with the ‘unfettered capitalism’ bullshit. It’s kind of an illusion.

 

[europe1]

Sounds like the UFC is going to have fewer & fewer fights in California, especially when Las Vegas is the fight capital of the nation and is a short drive from LA.

Since the start of 2017 the UFC has only visited California 9 times. So only a little more than once per year. High taxes plus the California commission releasing fighters payouts has always scared them off.

EDIT: Actually only 8 times since the initial UFC 233 was scrapped and cancelled.

 

[barillas]

Yeah, imagine a world without welfare

Yeah, useless people like you would starve and productivity would explode without parasites

 

[barillas]

I imagine the IQ of people that watch fights but hate fighters. Truly bizarre

I saw you created a retard3d thread about, your IQ is surely low

 

[Human Bass]

There is a derangement around California that has no logical basis for folks that have been told by cable news its the worst place in America.

Most of these people live in the bible belt or fly over states and have absolutely no concept of what is actually going on. Which also sadly has some of the worst healthcare outcomes, schools and life expectancy.

California is imperfect - nowhere is perfect - but its extraordinary in many ways. The cost of living is so high because its attracted the most successful people on planet earth.

Not just because it attracted tons of people, awful zoning laws contributes a lot to that, especially the Bay Area. It is a kafkian hell to build anything slightly big in SF.

 

[GearSolidMetal]

Why is that?

The same reason the UFC payouts are roughly 12% of the revenue, if not less now.

'Keep the fighters poor so they fight more.'

I think most MMA fans would even be willing to support it if it's only a dollar or two.

You really think 'its only a dollar or two?'

What if its an extra $10, or $25, or $50?

The simple fact the UFC is going to be visiting California even less now because they're going to be forced to charge even higher prices for seats that isn't going into their bank accounts, but California's state revenue.

Add to that, the more fights in California has a fighter, the less the UFC will offer for them to fight in California, and it wouldn't be surprising if a fighter within 3 fights of that pension would never be offered fights within California. This is just another means of manipulation.

As for California, it wouldn't be surprising whatsoever if this is mostly a means to increase tax revenue by taxing MMA ticket sales with the expectation there's only going to be a few fighters that will ever qualify for the pension, and it'll be a small percentage of the actual tax revenue the state receives.

Never assume politicians, especially Democrats, have pure intentions.

 

[blackheart]

I saw you created a retard3d thread about, your IQ is surely low

Sure thing bud. Keep watching a sport where you hate everyone involved you fuckin weirdo.

 

[rjmbrd]

As for California, it wouldn't be surprising whatsoever if this is mostly a means to increase tax revenue by taxing MMA ticket sales with the expectation there's only going to be a few fighters that will ever qualify for the pension, and it'll be a small percentage of the actual tax revenue the state receives.

So you didn't read the bill, or even the articles that summarize the bill.

It's not a tax, its a flat surcharge on top of the ticket price (of $1.00) and does not go to the states general fund.

re: UFC, its absurd to think they won't run events in California because tickets will have a surcharge equating <1% of their current price. They host events in California because its a major market and has the highest volume of millionaires in the country.

The owners of the UFC (Silverlake and Endeavor) are both headquartered in California. FFS.

You can continue to avoid supporting pro-worker / pro-fighter initiatives by not moving to California.