Venum payment to fighters already less than Reebok.

[Lawrence]

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.

TS revealed as agent or user for Dude Wipes

 

[HockeyBjj]

I think fighters should just get sponsorships in the form of temporary/henna tattoos. Way more real estate on your body anyway. That would be totally legal and simultaneously piss Dana off even more. Collect that venum money and that fake ink money. Win win

Someone did that once with spray tan. Ufc made it clear it was against fighter policy to the others. Not sure if they fined him, but he got a 40 second KO and didn’t get a performance of the night bonus

They tried to remove it in the locker room before the fight, but it wouldn’t come off lol

 

[Badger67]

I need to go get some groceries today.......got absolutely fucked last week just buying my normal items due to the rapid inflation.

Take up hunting/fishing if you can and growing your own stuff when available. Its ludicrous the direction inflation is heading.

 

[2004 account]

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

Because they are tyrannical.

 

[2004 account]

These fighters are signing up for a job that they know pays poorly. Should we really be concerned with their choices?

Their choices aren't the problem, great logic there...if it were up to you then, mma wouldn't exist? Nah man, the ufcs model is inhumane and needs reforming.

 

[El Fernas]

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.

The cage and floor are covered to a ridiculous level with sponsors, all they are doing is 2 things: Turn into some form of "league" where the brand goes first, and keep all the sponsor money to the UFC, before the Reebok deal they were getting money from sponsors too, but now its all for them, Crypto.com doesnt pay fighters afaik, not 100% sure on Monster as i know some fighters have individual deals, but in the end they are still "obligated" to wear them as they are UFC sponsor, like holding the empty can thing after a fight.

These fighters are signing up for a job that they know pays poorly. Should we really be concerned with their choices?

A little, i mean, only if you like to watch MMA.

There is always going to be guys willing to risk their health for the potential earnings at the top, but the mid level numbers should also be enough for guys try even when they know they wont be the best to ever do it and just wont reach the high level but the money is worth their trouble and they can make a living out of it.

 

[kevinramsdell]

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

But what if a fighter makes more with the Venum sponsor than they would with independent sponsors because they have a low following?

 

[MoneyMcGrabber]

It won’t take long before somebody here concludes “brilliantly” that inflation is Dana White’s fault.

Biden voters, you’re co-responsible for this inflation shit.
All you “socialist” idiots, are co-responsible as well.

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.

 

[ninjaDre]

I use to like Venum stuff, but I won't buy from them again for taking advantage of fighters.

 

[GrantB13]

Actually no. Any smart financial contract should stipulate correction by inflation.

It would be nice, but I don't know anybody that has an income that makes sure inflation doesn't cost them.

 

[mmadeewana]

fighters are biggest outlaw when it comes to having a legal job and UFC puts them in uniforms

 

[WhitestKidU’Know]

Yes but Venum clothes are more expensive so the 50% discount works out as more.

These things have a way of evening themselves out.

Venum clothes are actually MORE expensive?

 

[avenue94]

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.
Because that means the UFC can't promise exclusivity or non-competion to sponsors. That's what the sponsor deal was all about
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

 

[avenue94]

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?

Because it was never about professionalism. Unless we consider Trojan an upgrade in class over Condom Depot.

 

[markys00]

It won’t take long before somebody here concludes “brilliantly” that inflation is Dana White’s fault.

Biden voters, you’re co-responsible for this inflation shit.
All you “socialist” idiots, are co-responsible as well.

Bro, yea most of us normal ppl know Biden sucks.. but come on this isn't the place to start that. Ur just making them look better

 

[markys00]

Man lots of dumb ppl in this thread

 

[RampageFaction]

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.

Truth.

 

[Crash Lance]

I preferred watching MMA fights when the assassins weren't wearing any type of uniforms or "Fight Kits."

 

[Arrrrgh]

They are printing (creating) money like crazy. A huge chunk of all the dollars (like 20 or 30%) were created in the last years.

And fuck off with keynesian bullshit. Inflation always hurt the poor the must, the fed is always pumping up the stock market to protect the wealthy.

The point is printing physical dollars is only a tiny component of inflation (basically zero impact) since the amount of physical dollars only reflects a portion of the total dollars in the US economy. Most of it is digital with no physical representation.

And that's not keynesian monetary policy. It's how inflation is measured.

Respectfully, you don't know what you are talking about.
I apologize. I forgot about the second half of my post that didn't show up until I hit expand.

I mean it's not exactly keynesian. Keynesian monetary policy will try to peg and control interest rates but pegging and controlling interest rates is not necessarily keynesian. We do unfortunately have a new keynesian approach to monetary policy, but again that is not really my point.

But you are correct again that an effect of having inflation is that it typically increases income and wealth inequality because wage increases lag in response to price increases and lower income workers tend to get pushed out of the investment class, where you benefit from steady inflation.

That said, stepping back, the question is "would those low income earners be better or worse off in terms of real dollars, or more specifically ppp, if you try to maximize GDP (generally the goal of most macroeconomic policy) or if you try to minimize income inequality (an alturistic short-term goal and arguably a better policy for long-term gdp maximization because it stabilizes with less social discontent). That's were the theories diverge because you can't really measure it empirically without a lot more data than we have. You would almost need a parallel universe and then see where each is at in 100 years.

Anyway. I think we kinda agree.
But printing physical dollars doesn't cause inflation

 

[Mmmmmmma1234]

Still better then the crypto sponsor everyone is doing for free.