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No, renting is more profitable for the ufcUFC keeping things classy, as usual.
Whats next, do the fighters have to buy the octagon they fight in for each event as well?
No, renting is more profitable for the ufcUFC keeping things classy, as usual.
Whats next, do the fighters have to buy the octagon they fight in for each event as well?
If it is something that is required for work, such as for licensing and the corporation pays for it instead of the employee, it can be considered as part of employee compensation.
This all depends on where you are located because depending on the country's and province's/state's tax laws, certain things such as testing for drugs (marijuana, alcohol, etc.) cannot be expensed in the manor of employee compensation the same way as things like paying insurance premiums, or in some cases is not even allowed.
Given that USADA is a partner of the UFC, it can be reasonably expected that the UFC has it in the contract language that the members of the roster must pass USADA testing to remain under contract and that the UFC will cover the costs associated with the testing.
Jon Jones gets his money worth.
Okay free market man. That’s why so many AMERICANs die because of healthcare, no effective government regulation.
The UFC is essentially private health insurers and the average AMERICAN is the UFC fighter.
average American dies because they can’t afford appropriate
treatment.
UFC fighter gets used and neglected after their career with CTE, dementia. Has to keep on fighting after ufc career to earn a living.
Both bad.
Which is why it’s made it all the way to class certification.then the fighters are retards and dont know what a monopoly or monoposony is.
What is Bellator? One FC? Rizin? Invicta? PFL? Cage Warriors? KSW?
There are tons of MMA orgs out there and there is nothing stopping anyone from starting a new org and competing with the UFC.
UFC will win the lawsuit easily.
Indeed. This is generally referred to as the "benefits" portion of employee compensation. It is included in an employment offer and the dollar value is calculated into gross annual compensation. Sometimes separated, if stated as $$ amount plus benefits.There is nothing wrong with this from an accounting standpoint. Many companies include insurance, employee benefits, licensing fees, etc. as part of the named account for employee compensation.
Absolutely wrong. They do provide fighters with health insurance.
Those organizations have unions which decide those thingsThe only real question is do organizations like the NFL, NBA count drug testing as fighter compensation?
The whole point of this is that the UFC is avoiding bad optics by trying to claim 20% of revenue goes toward fighter compensation. If it is normal practice to count drug testing then no harm, no foul but if the NFL, etc do not then the UFC is being shady
GSP and others were demanding drug testing, so blame themDrug testing though? That's an employer initiative, not an employee benefit.
USADA costs should be classified as a BUSINESS COST, not fighter compensation!
It's just silly of them to say "oh that's part of fighter compensation". No it's not, it's a cost of doing business. Same as paying the electric bill in UFC offices, paying staff their salaries, paying for the guys who set-up the Octagon each event, it's just the cost of doing business.
No great surprise though that the UFC is as shady as shit, everything is setup to make themselves look good.
Yes it was a big deal when they announced it back in '11The entirety of the cost of their insurance is covered by the UFC?
If it is classified as a health care cost it can be written off.Should be a cost of regulating the sport. Not compensation to the fighters.
not shocked they tried to pass it off.
I think the issue is coming from the UFC considering this fighter income, as opposed to simply a cost related to the fighters.
I mean, what else are they supposed to do, they spend that money on the fighters and report it as an amount that is given/used on the fighter.
The UFC pays for surgeries and such required from injuries sustained during fights/training camps for fights right? If they do, not sure how it's that crazy, I feel like most large companies would do this.
I mean, what else are they supposed to do, they spend that money on the fighters and report it as an amount that is given/used on the fighter.
The UFC pays for surgeries and such required from injuries sustained during fights/training camps for fights right? If they do, not sure how it's that crazy, I feel like most large companies would do this.
Oh they do. Check how many fighters pull out during fight week. Insurance covers them when it's that close. Fighters withstand tremendous pain for months, then pull out come fight time. Then that insurance kicks in and they're clear babyI'm not at all certain they pay for injuries. Certain guys under certain circumstances ya, but I don't think that's a regular practice
Psh. No it's not, that's absurd.An insurance company pays for surgeries and other health care. Not the UFC.
But if you are making the point that most employers include health insurance costs when declaring total compensation, you are correct.
I completely disagree with including insurance costs when declaring employee compensation, but many disagree with me on that.
Health care is a universal right.