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- Feb 4, 2013
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You're terrible with money management lolThat's not even close to "rest of your life money". Would only be enough to buy you a nice house where I live, and then you'd be left with $0
You're terrible with money management lolThat's not even close to "rest of your life money". Would only be enough to buy you a nice house where I live, and then you'd be left with $0
Slow down. What?Math not your strong point then. He buys the nice house where you live, he rents it out and then lives very nicely somewhere cheaper.
Where you live isn't more expensive than where I live (8th for me vs 12th for you here https://www.blogto.com/real-estate-...sing-market-ranked-12th-most-expensive-world/) and I could make $2 mill last.
Hell just buy 2x $1mill places, rent one out and live off that or live in a $1 mill place and then live off $1 mill invested well. It's very doable.
Here, $250k might not even get you a studio apartment or 1 BR. The local news reported 1 out of 4 real estate sales were by out of state buyers.That guy is a fucking idiot lol. He thinks the world revolves around his neighborhood. In Allentown PA you could buy a nice house in a good neighborhood for 300K or even 250K. I bought a house for 85K and the house looked nice. 2 years later I sold the house for 104K.
lol wut.. You could invest a million of it and live comfortably and never fight again.That's not even close to "rest of your life money". Would only be enough to buy you a nice house where I live, and then you'd be left with $0
It's an unfortunate reality for many people. Doesn't mean it's the norm, let alone the standards one should aim for.You seem to be a little disconnected from the real world, because that is reality or better than reality for a lot of people
“Off books”? What does that mean?
giving a bonus for winning a fight is pretty different than promising a bonus to fight in a way that decreases his chance at winning. Cowboy winning in any way makes a rematch more likely and a bigger paycheck and higher profile. 50k is peanuts.
And pretty sure it would be illegal for Dana to make such a promise.
I could grow 2 mill safely and reliably. It's your job to make it last.I wouldn’t hire you if you couldn’t make $2,000,000 last
Hes done a lot for Dana and played his part in making sure the fighters union never took off.excellent. good for cowboy. he's done a lot for the sport and a lot for the UFC
The fact remains, many families do survive and thrive on that, and some families would even love to have 40 k a year. and that’s over 50 years. Assuming kids will grow into adulthood and adults will grow old, it’ll likely end up being more flexible than that.It's an unfortunate reality for many people. Doesn't mean it's the norm, let alone the standards one should aim for.
I don't think he's getting paid to take a dive. I think the UFC believes that Conor can win the fight fair and square. What I would bet the farm on is that Cowboy gets a locker room bonus to keep the fighting standing though. The guy has always been a company man.I keep getting told Cowboy is getting paid to take a dive.
Then it would be a relatively bad use of those 2mill, i mean having a house is great, 2mill house must be nice, but whatever invest he could come up with would be better as it would provide a return on his 2 mill, then he would be set for life.That's not even close to "rest of your life money". Would only be enough to buy you a nice house where I live, and then you'd be left with $0
They are not “off the books” (they just aren’t part of the purse disclosed by the commission) and of course everyone knows they exist (or at least existed) and guys got paid extra dollars for various reasons. But not because they were told keep it standing and we’ll give you extra money. Again Dana telling his fighters they’ll get extra money if they fight to their opponents strength is likely illegal and akin somewhat to fixing a fight. Everyone wants exciting fights but they can’t tell fighters they have to stand to get a bonus. This is mma.horata86 is correct, and you're misunderstanding him. He's not talking about dives, or win bonuses. He's talking about locker room bonuses that guys get, and they are off the books. You're completely wrong about this. It's a fact and It came to light in the anti-trust lawsuit.
"...During the certification hearing, Silva gave the court a rare insight into the revenue splits, salaries and locker room bonuses during the Zuffa-era.
According to Silva, the aim of handing out locker room bonuses was to align a fighter’s pay with their actual performance. He explained they are discretionary sums determined in a follow-up conversation with the UFC management.
'Now, there was other bonuses, too, that were not discussed that were not Fight of the Night,” Silva said (transcript via Forbes). “That’s what I believe this chart references, that for a long period of time what would happen is after a show would end, the next day, for Monday, I would summarize the card to Dana [White], Lorenzo [Fertitta], Sean [Shelby], and I’d say, here’s what happened in every fight, and here’s money that’s not Knockout of the Night or Fight of the Night, here’s extra bonuses that I think these guys are worth. And I would make suggestions, this guy lost, but it was a good fight, he did that, I think he should get 3,000 extra; I think that that guy should get 10,000 extra. And I’d go down the whole card.”
sources: https://www.bjpenn.com/mma-news/ufc...ilva-explains-how-locker-room-bonuses-worked/
https://www.bloodyelbow.com/2019/10...onus-process-class-certification-hearings-mma
That's not even close to "rest of your life money". Would only be enough to buy you a nice house where I live, and then you'd be left with $0
You sound laughably naive. As if no one has ever done anything illegal simply because it's against the law. As if prize fighting is such a clean sport with a spotless reputation. As if Dana white is such a moral and upstanding individual. Tell me, what do you think these "various reasons" are? What kind of an incentives do you think a locker room bonus encourages when there's already Fight of the Night, Knock out of the Night, Submission of the Night, and Performance of the Night bonuses?They are not “off the books” (they just aren’t part of the purse disclosed by the commission) and of course everyone knows they exist (or at least existed) and guys got paid extra dollars for various reasons. But not because they were told keep it standing and we’ll give you extra money. Again Dana telling his fighters they’ll get extra money if they fight to their opponents strength is likely illegal and akin somewhat to fixing a fight. Everyone wants exciting fights but they can’t tell fighters they have to stand to get a bonus. This is mma.
Really? Last interview I saw he wanted 10-15 more fightsHe was already considering retiring after that Tony fight. Now he's getting a red panty night. Good for him.
Again it’s nonsensical for the ufc is to do the one thing that could cause the entire investment to go under. It literally makes no sense. I know people want to put their tinfoil hats on but illegal actions by the fuckin president of the company could literally bring them down. For what? Conor is expected to win anyway. Many are calling the matchup a joke. But you think it’s worth risking everything to slant it a little more for Conor? This is a multi billion dollar investment.You sound laughably naive. As if no one has ever done anything illegal simply because it's against the law. As if prize fighting is such a clean sport with a spotless reputation. As if Dana white is such a moral and upstanding individual. Tell me, what do you think these "various reasons" are? What kind of an incentives do you think a locker room bonus encourages when there's already Fight of the Night, Knock out of the Night, Submission of the Night, and Performance of the Night bonuses?
Next you're going to tell me that Epstein killed himself <Lmaoo>.
To your casual fan, what exactly do you think makes a fight "exciting"?Again it’s nonsensical for the ufc is to do the one thing that could cause the entire investment to go under. It literally makes no sense. I know people want to put their tinfoil hats on but illegal actions by the fuckin president of the company could literally bring them down. For what? Conor is expected to win anyway. Many are calling the matchup a joke. But you think it’s worth risking everything to slant it a little more for Conor?
the “various reasons” are extra promotion or an exciting fight. Not for getting knocked out early because you wanted to trade with a striker because you had an agreement.
Lol at make it exciting. So that implies if you take it to the ground you get nothing? And I’m the 16 year old?To your casual fan, what exactly do you think makes a fight "exciting"?
The entire organization wouldn't go under because Daddy Dana told Cowboy "hey, make this fight exciting and I'll make it worth your while". Cowboy's always been a company man.
I'm starting to think you're like 16 years old or something.