UFC cares only for its investors

[evergreenrider]

Private Equity BABAAAYYYY!!!!

Enshitification all the way

My shop got taken over by private equity in July. It's been hell since

 

[laleggenda27]

Sherdog: "The UFC roster is bloated and the UFC waters down cards with cans that don't belong in the UFC"

Also Sherdog: "The UFC underpays their fighters."


Pick a narrative people.

How exactly are those statements incongruous? Both statements are true. Even the "cans" are underpaid, considering the revenue that's generated.

 

[rjmbrd]

Sherdog: "The UFC roster is bloated and the UFC waters down cards with cans that don't belong in the UFC"

Also Sherdog: "The UFC underpays their fighters."


Pick a narrative people.

These are not mutually exclusive, to start.

You can't compare 20 NBA players with 20 guys at the local YMCA playing pick-up ball. The reason there's only ~35 guys signed to the UFC heavyweight roster, and we're shuffling around fat old farts is because the pay scale is 12k to get brain damage live on PPV.

We crown 8 new All-American heavyweight wrestlers every single year. Where are all these guys? I'll tell you - teaching high school gym for 50k/year because that is a better value proposition than the UFC.

We get jabroni level athletes because its jabroni pay.

 

[Lord Pyjamas]

Why do you blame the UFC?

You aren’t aware the UFC is owned by a conglomerate? A publicly traded entity?

The UFC is NOT part of a real sports league. You do know that, right? So, why even look ridiculous by mentioning such a asinine comparison?

Are you that unaware of reality? Or are you just..

UFC BAD!

I’m sure you’ll get a lot of likes from equally ignorant people.

It’s on their parent company.

They should be like Pride if you ask me!
But without the rigged fights and Yakuza involvement.

 

[Dusty Rhodes]

Much gains, such profits;

 

[Poirierfan]

Well yeah they're MAGA scum.

Thanks for the compliment.

 

[Ludwig von Mises]

They call it U FIGHT CHEAP for a reason.

 

[Darkavius]

The death of america will come at the hands of profit margins

 

[oscerthegrouch]

IN 2023 the UFC reported revenues of $1.3 Billion and EBITDA (earnings before interest, income taxes, depreciation, amortization) of $756M for a 58% cash flow margin. This is an insanely high margin. For comparison, the Dallas Cowboys, Boston Redsux, and Toronto Maple Leafs each reported respective EBITDA margins of 47%, 21%, and 41%.

Overall, the UFC is hoarding its cash flow to provide its investors a maximum return. meanwhile, they price gouge us on PPV's, threaten streamers with legal action, underpay all of its fighters, refuse to support fight team travel, refuse most medical compensations, and allow divisions to be held up for years so they can prop up their chosen superstars and milk them out of every cent they're worth while sacrificing the integrity of the sport.

While i can understand that the UFC is cautious about paying their fighters TOO much (at which time most might walk away from the sport after a huge payday), this can be mitigated by an annual, livable, regular wage for fighters.

This isn't new information...but i'm grouchy today and wanted reiterate this point.

I thank Dana for all of his contributions to the Sport, but i also hope his yacht hits an iceberg while the UFC's shotcallers are on board.

you so right the Nerve of them to provide maximum return after 20 yrs of being in hole with -negative
return! i love the idea regular wage....as if this is life long career.. ( NFL avg length of career is 3.3 years lol) this isnt a JOB its a opportunity... and Sir with all respect Leave Grouchiness' to the Grouches!

 

[315MMAFighter]

IN 2023 the UFC reported revenues of $1.3 Billion and EBITDA (earnings before interest, income taxes, depreciation, amortization) of $756M for a 58% cash flow margin. This is an insanely high margin. For comparison, the Dallas Cowboys, Boston Redsux, and Toronto Maple Leafs each reported respective EBITDA margins of 47%, 21%, and 41%.

Overall, the UFC is hoarding its cash flow to provide its investors a maximum return. meanwhile, they price gouge us on PPV's, threaten streamers with legal action, underpay all of its fighters, refuse to support fight team travel, refuse most medical compensations, and allow divisions to be held up for years so they can prop up their chosen superstars and milk them out of every cent they're worth while sacrificing the integrity of the sport.

While i can understand that the UFC is cautious about paying their fighters TOO much (at which time most might walk away from the sport after a huge payday), this can be mitigated by an annual, livable, regular wage for fighters.

This isn't new information...but i'm grouchy today and wanted reiterate this point.

I thank Dana for all of his contributions to the Sport, but i also hope his yacht hits an iceberg while the UFC's shotcallers are on board.

RedSux. Good man

 

[Tweak896]

There were so many people bitching about Ferttita's owning UFC, yet now reminisce about the times they owned the company. It's kind of hilarious how much they were shitted on, yet WME did much worse and probably doesn't get as much heat for it.

 

[shunyata]

I get the gripe, but that is kinda how corporations work. Their fiduciary responsibilities are almost entirely to their investors.

They (UFC/Endeavor) aren't alone in that, fairly standard business, like it or not.

Honestly we need a legal rewrite of what fiduciary duty means for publicly traded companies that includes a duty to fairly compensate their staff and contractors, and a duty to not pollute the environment for the sake of quarterly profits.

 

[Blastbeat]

There were so many people bitching about Ferttita's owning UFC, yet now reminisce about the times they owned the company. It's kind of hilarious how much they were shitted on, yet WME did much worse and probably doesn't get as much heat for it.

i once heard a phrase "the bottom of a barrel still has something under it"
seems to apply here

 

[Tweak896]

i once heard a phrase "the bottom of a barrel still has something under it"
seems to apply here

Wonder if in 10 years WME will be the "golden era"

 

[skylolow]

Every sports team in the world's goal is to exploit its fans as much as possible.

Does your local football team need to charge $75 to park your car for 4 hours, no.