Sorry, dude, but repost
Deserved every penny..wow he made $10 million for the Bisping fight.
The Fertitas were also carrying somewhere around a $30 million dollar loss at that time when it came to their stake in the UFC. He was still getting dark era pay. TUF hadn't even aired yet.
Fertitas knew what they were doing and that the UFC would become very profitable, which is why they invested in it in the first place.
Just because investors haven't recoupped the $ they invested yet (when the investment has crazy long term potential) isn't justification for taking a lion's share of the profits and underpaying fighters. Fertitas knew what they were doing and that the UFC would become very profitable, which is why they invested in it in the first place.
understanding the motivations and the forces that drive the behaviors on both sides is important to changing it. so many want to characterize as just good vs evil.GSP is giving good advice.
Don't just accept lowball offers.
Consult with an advisor first.
The UFC executives are not your childhood friends who want to give you 30% or 40% of the revenue because they care about your health, your family, or your future. They want more profit for themselves.
It boggles my mind that some Sherdoggers are on the executive side instead of the fighter side. It's like you enjoy watching gladiators get injured or killed in the arena, and then you hail the emperor at the end.
Dude.... They didn't know shit and were bleeding money. Like I said this was in 2004 which was pre TUF.
TUF was there last ditch effort and if that didn't work they were going to shut the doors on the whole thing.
In 2004 they were ready to pull the plug, and for some reason Lorenzo decided at the last minute to change his mind.
I've been watching this shit since the 90's and there was no Lions share of money during the dark era. UFC 50 sold 40,000 PPV buys and had a whopping gate of 9000 people, and a lot of those tickets were comp'ed
understanding the motivations and the forces that drive the behaviors on both sides is important to changing it. so many want to characterize as just good vs evil.
lol. typical response. uneducated and proud.How much is the UFC paying you?
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