News UFC class action certified!

[snackgod]

This is big news!

the lawsuit is showing papaers from what 10 years ago and things have changed 10 fold since than.

all this is doing is getting lawyers more money cause thatwhat lawyers do.

 

[chance mccoy]

I can’t wait for dems to call UFC human cock fighting again. It definitely doesn’t fit into their SJW agenda. Then I can’t wait for the soy boys to try and make excuses.

 

[kflo]

They made a great business decision and go out while the brand was at high without having to spend money to grow it more internationally which may not have seen a good ROI.

WME used debt to buy to it and now have to service that debt so ROI is essential. It isn't as simple as event x makes y so we should get z percentage of it. There have been significant investments which need to be serviced. It sounds like a bit of a mess to me. Happens to english soccer teams a lot where they are bought with debt and then can't afford to run the team even though it is wildly profitable, so they end up getting sold again while selling players to stay afloat.

Yes thats expanding on my point.

 

[Azure]

All you people should be careful what you wish for.

 

[Qays Stetkevich]

People don’t realize how much power the fertitta’s had to make changes in favor of fighters, and instead, they had a competitive bidding process with buyers bidding with an expectation that they can keep expenses in line with the past. So the bidders NEED to either keep expenses in line with the past, or materially increase revenue, to achieve their target returns. The fertittas were able to maximize their exit price. And now the buyer (WME) has to manage expenses. IF the fertittas first changed the comp model, and then sold (at a discount of course, but they made billions), then they had the power to make the changes. WME gets a lot of the shit, but it was the fertittas who cashed in on this model.

That said, from my perspective, the answer ideally lies not in regulation, but in competition and greater fan interest outside the ufc. That will organically raise wages. And like I said, the other part of achieving target returns is revenue. Which is why when people dismiss or rationalize not paying for ppv, they are missing the other part of the equation.

However other sports like NFL, NBA, football/soccer are getting their fighters paid obscene money, that's how I'd like it for MMA (and teachers for that matter). There are so many legislative issues, red-tape, and corporate greed involved, not to mention the tricky issue of international competitiveness, that I don't see a clear way forward, but anything is better than stasis or regression. Do you think mid-tier and lower fighters would actually see more money if everyone who watches actually bought the PPVs? I recall seeing that the UFC pays it's fighters something like 18% (might be a bit higher now) of its overall profits, while virtually all of the mainstream sports pay their athletes roughly 50% or more of the overall profit. I don't care about the rich getting richer, as long as the fighters are getting a fair share of the profit. 18% for a short, CTE-inducing career doesn't seem like a "fair share", especially considering that the spread of money between the elite fighters and the masses probably looks like the US' income inequality.

 

[CerebralKnievel]

Dems put us here idiot. Time arent gonna change.

Put us where?

PS. "Dems" don't have anything to do with this case. Legislature and judicial systems are not a mixed entity. Your buddy Donald Trump learned that the hard way.

Feel free to respond with the following trite words: Snowflake. Lib. Cuck.

 

[kflo]

However other sports like NFL, NBA, football/soccer are getting their fighters paid obscene money, that's how I'd like it for MMA (and teachers for that matter). There are so many legislative issues, red-tape, and corporate greed involved, not to mention the tricky issue of international competitiveness, that I don't see a clear way forward, but anything is better than stasis or regression. Do you think mid-tier and lower fighters would actually see more money if everyone who watches actually bought the PPVs? I recall seeing that the UFC pays it's fighters something like 18% (might be a bit higher now) of its overall profits, while virtually all of the mainstream sports pay their athletes roughly 50% or more of the overall profit. I don't care about the rich getting richer, as long as the fighters are getting a fair share of the profit. 18% for a short, CTE-inducing career doesn't seem like a "fair share", especially considering that the spread of money between the elite fighters and the masses probably looks like the US' income inequality.

Again, individual sports like golf and tennis, for their major tournaments, players get less than 20% of the revenue. For the largest sports franchises in team sports (cowboys, yankees), they generally pay 20-30%. These tournaments, teams, do so because that is the competitive market (and for cowboys and yankees, within the bounds of their CBAs). The yankees and cowboys aren’t forced to “revenue share” at 50%. And they don’t. The masters isn’t forced to, and they don’t come close.

On whether lower tier fighters get more if revenue is higher? I mean, I think the current minimums are generally already higher than a pure market rate for many of them. More revenue gives greater rationale to increase that. And gives higher tier fighters greater negotiating power for higher salaries. Rising tide raising everything in between. But yeah, there is still an overall market for mma fighters that will suppress salaries, as long as people aren’t supporting other orgs as fighters test their market value and drawing power outside the ufc. That’s the tricky part.

But it would be great to see things improve for the fighters of course.

I also get the sense that many fans want more of the revenue going to the fighters in the ufc while at the same time want the ufc to trim the roster by 50%.....which of course might not work out so great for that 50%.

 

[Qays Stetkevich]

Again, individual sports like golf and tennis, for their major tournaments, players get less than 20% of the revenue. For the largest sports franchises in team sports (cowboys, yankees), they generally pay 20-30%. These tournaments, teams, do so because that is the competitive market (and for cowboys and yankees, within the bounds of their CBAs). The yankees and cowboys aren’t forced to “revenue share” at 50%. And they don’t. The masters isn’t forced to, and they don’t come close.

On whether lower tier fighters get more if revenue is higher? I mean, I think the current minimums are generally already higher than a pure market rate for many of them. More revenue gives greater rationale to increase that. And gives higher tier fighters greater negotiating power for higher salaries. Rising tide raising everything in between. But yeah, there is still an overall market for mma fighters that will suppress salaries, as long as people aren’t supporting other orgs as fighters test their market value and drawing power outside the ufc. That’s the tricky part.

But it would be great to see things improve for the fighters of course.

I also get the sense that many fans want more of the revenue going to the fighters in the ufc while at the same time want the ufc to trim the roster by 50%.....which of course might not work out so great for that 50%.

More great points. Either way, I'll be interested (and hopeful) to see which way this goes.

 

[gevoudane]

Put us where?

PS. "Dems" don't have anything to do with this case. Legislature and judicial systems are not a mixed entity. Your buddy Donald Trump learned that the hard way.

Feel free to respond with the following trite words: Snowflake. Lib. Cuck.

I responded to this line.
"Dems have control of the Senate, House and Presidency and there is growing support for Ali Act. Times they are a changin!"

We have had them and things werent different.

people forget it was republicans that passed the Ali Act and
In May 2016, a bill was introduced to Congress by Markwayne Mullin, a Republican politician and former mixed martial artist, to extend the Ali Act to mixed martial arts.[5]

Also I didnt vote for Trump and Im not a republican.
But feel free to try and insult me anyway you think you can.

I can see why cuck or snowflake but how did lib become an insult? Doesnt that just imply your a liberal or has that changed now also?

 

[Bouboumaster]

Good

 

[Quacky Chan]

Independent contractors in exclusive contracts who don’t have the right to find work in multiple places? Sounds like an employee. But if that’s the case where are the benefits?

Ever heard of a franchise? FFS.

You literally outlined a common business practice.

 

[Azure]

All of you are going to be happy when teh UFC goes out of business and we are left with small promotions/promoters and we have MMA looking like modern day boxing.

 

[WalterSobchak]

I don’t get why shertards are obsessed with this. Fighters sign a contract... get paid as per the contract and then sue for being stupid? Makes no sense.

I think fighters should get paid their fair share but honestly fucking get smarter.