- Joined
- May 22, 2008
- Messages
- 17,117
- Reaction score
- 15,749
1. They're covered for injuries that occur during training, also.
2. The overwhelming majority of jobs in the US require people to fund their own retirement savings. A generous 401K match is only going to pay like 5%, which is not nearly enough to retire on alone for most people. Pensions are largely a thing of the past (as well they probably should be). While not the same for every country, I would say just about any worker in the US should assume that their retirement will be funded through the money they themselves make.
3. Self-contracted people have both Pros and Cons. The Pros involve paying generally lower income taxes than a W2 employee would, as well as getting to write-off a significant amount of work-related expenses.
4. I think its debatable whether they'd be better off.
For starters, most UFC fighters are essentially part-time workers. Don't have to look any further than a guy like Stipe, who works a full-time job while being probably the best HW in the world. UFC fighters are training a lot when they're actually in a fight camp, but most are not spending 40-50 hours a week training while they're not in camp. They can have other jobs.
Moreover, I wouldn't say the average UFC fighter comes from a well-educated background where they're going to find successful employment elsewhere. A lot of these guys would have difficulty finding a "full time job" that would provide significantly better benefits.
Ive always been on board with fighters holding an actual job while they are up and coming. I admire Stipe for what he does and he should set an example to all the other complaining middle of the pack fighters that want generous pay.
At least with a regular job you can work to 65-72 and still generate an annual income. Fighters are considered dinosaurs at 40. Now that would be a shitty time for an uneducated guy to start a regular emoyment.
