1. The official Sherdog Store is back! Check it out! » Discuss it here! »

Venum payment to fighters already less than Reebok.

Discussion in 'UFC Discussion' started by Human Bass, Sep 17, 2021.

  1. Human Bass Red Belt

    Joined:
    Oct 14, 2009
    Messages:
    9,348
    Likes Received:
    1,621
    Location:
    Recife, Brazil
    So it went from 20k to 21k. A 5% increase.

    But thanks to the pandemic, central banks are printing money like crazy, including the Fed. Inflation in the USA is already above 5%, so 21k is already less than 20k 2 years before.
     
    dog y, greenhawk, Jin Akutsu and 11 others like this.
  2. HockeyBjj Putting on the foil

    Joined:
    Jun 26, 2012
    Messages:
    24,728
    Likes Received:
    14,682
    Who cares which is better or worse

    the single brand sponsorship of fighters is absolutely horrible for the fighters. Anything less than letting fighters wear their own independent sponsors like they used to (let UFC get a 10% cut or something) is fucking them over
     
  3. Hellowhosthat Steel Belt

    Joined:
    May 30, 2019
    Messages:
    30,944
    Likes Received:
    57,948
    Yes but Venum clothes are more expensive so the 50% discount works out as more.

    These things have a way of evening themselves out.
     
  4. Mesos Black Belt

    Joined:
    Sep 30, 2014
    Messages:
    6,552
    Likes Received:
    10,193
    I dont get why UFC doesnt allow at least one patch for a fighter. Doesnt even have to be big, just a small sponsor one on opposite side where the crypto patch is.

    Think the way ufc sees it is that fighters these days make good money with social media sponsors. But I think at least one patch would be fair
     
  5. kalabula Silver Belt

    Joined:
    Mar 8, 2011
    Messages:
    10,031
    Likes Received:
    3,078
    You’ve won, today. Congratulations.
     
  6. Bubzeh Silver Belt

    Joined:
    Jun 7, 2016
    Messages:
    14,685
    Likes Received:
    5,950
    Location:
    31,459
    Yes. Inflation is a real thing. Thank you for reminding me.
     
  7. CerebralKnievel Gold Belt

    Joined:
    Dec 30, 2013
    Messages:
    18,463
    Likes Received:
    3,982
    They do permit this, but it's very limited. The only ones I recall seeing were Monster and maybe Budweiser.
     
    Rebelfett and Mesos like this.
  8. Hellowhosthat Steel Belt

    Joined:
    May 30, 2019
    Messages:
    30,944
    Likes Received:
    57,948
    Those are both UFC agreed deals. Fighters should be able to agree one small patch with a sponsor imo. I wouldn't mind it the UFC wanted to vet the sponsors so there was no condom depot or whatever on there, but one small patch isn't going to make the product look amateurish.
     
  9. EndlessCritic Steel Belt

    Joined:
    Jan 14, 2013
    Messages:
    29,380
    Likes Received:
    12,477
  10. Hellowhosthat Steel Belt

    Joined:
    May 30, 2019
    Messages:
    30,944
    Likes Received:
    57,948
    Rebelfett, fifinex, MEAN357 and 4 others like this.
  11. BookNerd I Eat Books

    Joined:
    Jul 20, 2021
    Messages:
    63
    Likes Received:
    120
    Location:
    Cali
    The one patch would considerably diminish the 'value' of the deal from Venum's perspective and lower the mount they pay as a sponsor. It's a marketing strategy and like most marketing strategies, it functions of drawing your attention to the product with as little interference as possible.
     
    Rebelfett and avenue94 like this.
  12. GrantB13 Red Belt

    Joined:
    Jan 23, 2012
    Messages:
    8,247
    Likes Received:
    2,550
    Hopefully you realize they are unrelated variables and this is a joke because that's the logic that causes misleading statistics
     
    Rebelfett and baba2008 like this.
  13. Coolkid666 Black Belt

    Joined:
    Apr 3, 2016
    Messages:
    7,030
    Likes Received:
    3,185
    Location:
    Tennessee
    I got some Venum boxing gloves the other day. CHeaper than everlast but quite comfortable. And they have a snake on them. Ssssssss Im a slippery snakeeeee
    [​IMG]
     
    Rebelfett, MEAN357, mortal and 9 others like this.
  14. ninja boot Brown Belt

    Joined:
    Feb 8, 2011
    Messages:
    3,139
    Likes Received:
    1,115
    sponsorship in the ufc is fucked.
    i can see how the ufc got tired of golden palace and condom depot's huge, obnoxious ads on the fighters shorts and painted on their back but i don't understand why they didn't at least try to get a list of approved sponsors together? there would have been a tactful way of incorporating logos on shorts and draw income from many companies. instead the fighters have one clothing sponsor and get paid shit to wear bland looking "uniforms".
     
    Rebelfett, MEAN357 and cheesus like this.
  15. EndlessCritic Steel Belt

    Joined:
    Jan 14, 2013
    Messages:
    29,380
    Likes Received:
    12,477
    While I don't normally espouse the theory of trickle down economics, I think it's likely to have some effect on NHL player salaries.
     
    Rebelfett, MEAN357 and Hellowhosthat like this.
  16. Kinku Brown Belt

    Joined:
    Oct 5, 2010
    Messages:
    3,221
    Likes Received:
    443
    Hopefully UFC wont take away or try to hinder fighters making money through social media.
     
    Rebelfett, MEAN357 and Mesos like this.
  17. wufabufa Silver Belt

    Joined:
    Sep 2, 2003
    Messages:
    12,945
    Likes Received:
    7,191
    I need to go get some groceries today.......got absolutely fucked last week just buying my normal items due to the rapid inflation.
     
  18. Arrrrgh Black Belt

    Joined:
    May 13, 2014
    Messages:
    6,467
    Likes Received:
    1,450
    First, you are correct, in "real dollars" (adjusted for inflation) they are making less now.

    But...
    That's not how inflation works. Central banks aren't printing money like crazy, and even if they were that money wouldn't do much to cause inflation. It has more to do with the federal funds rate in the US with the federal reserve bank, and similar mechanics in other countries. Though the federal funds rate doesn't CAUSE inflation, it tries to set inflation at a certain rate. Inflation is more naturally occuring in an economy and it's cause is not any 1 thing. In fact there are goods and services that are deflating all the time. Inflation is just the overall trend of the cost of a bundle of goods and services over a period of time.
    Ironically, a little inflation is a good thing for the economy because of the way the global markets work and currency exchanges, etc. Normally the target is about 2% for a "healthy" economy. 5% after a pandemic is actually probably a good thing. It increases short term spending.

    That all said, you were making a point about the UFC fighters getting screwed by the Venom deal worse than the Reebok, and you are correct for the reasons you stated. I'm sure it's a better deal for the UFC though, which is turn could mean fighters are earning more in their base pay and other bonuses--assuming there is a positive trend in revenue sharing.

    But I digress.
    You are mostly correct in what you are saying and I agree with your overall point.
    Venom deal is shit.
     
  19. Hellowhosthat Steel Belt

    Joined:
    May 30, 2019
    Messages:
    30,944
    Likes Received:
    57,948
    I would like to think so, it certainly does in soccer.
     
    Rebelfett likes this.
  20. WHITEBELT JESUS Satans My Bitch Yellow Card

    Joined:
    Mar 1, 2016
    Messages:
    692
    Likes Received:
    1,286
    Location:
    Denver, Co
    No sponsorship freedom, no health coverage after retiring, and no profit sharing, and now bringing in 5k/5k jobbers to water down the roster average salary.

    UFC not even using KY jelly before pounding their roster.
     
    danny23, Rebelfett and 2004 account like this.

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.