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Getbig Main Boards => Gossip & Opinions => Topic started by: Nicademus on July 08, 2013, 05:20:41 PM
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And Weidman made $48,000. That's a staggering low amount of money for a fighter of Silva's stature. Considering a fighter like Robert Guerrero made 3 million to lose to Floyd Mayweather.
In fact, Mayweather is going to make a guaranteed 40 million to face Canelo in Sept. This doesn't prove that boxing is more popular than MMA-it only enhanced the perception that Dana White is severely under paying his employees. Something is going to have to give sooner or later.
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Not to mention Daina whitte gets his cock sucked to be on his fight cards
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I have always said this chris will probably get 24k after taxes and shit total monopoly they have on mma
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(http://mmehfighter.com/wp-content/uploads/2011/05/UFC-Monopoly.png)
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is there any truth to the rumour that the UFC doesn't print what it actually gives it's athletes for fighting, only just money made from winning the cards?
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And Weidman made $48,000. That's a staggering low amount of money for a fighter of Silva's stature. Considering a fighter like Robert Guerrero made 3 million to lose to Floyd Mayweather.
In fact, Mayweather is going to make a guaranteed 40 million to face Canelo in Sept. This doesn't prove that boxing is more popular than MMA-it only enhanced the perception that Dana White is severely under paying his employees. Something is going to have to give sooner or later.
You have to look at the seats at the arena compare the two , pay-per-views that's where the money comes into play
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Dana White says his athletes are paid more than what is officially reported. This includes fight night bonuses: fight of the night, KO of the night, ect.
I give him credit because he does put money back into the promotion. But damn, I see some of the undercard fighters getting like 6 to 8 grand. That's crazy.
UFC early on was able to stack cards with quality fights from the first fight to the main event of a PPV because of two things. Low pay and a minimum payroll.
Now, having bought up all the comp. Strikeforce and Pride mainly-their roster is huge compared to just a few years ago. That's why now they're product is watered down. Add in the Fox tv deal and they are contractually obligated to put on a set amount of shows per their agreement which only further dilutes the product.
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You have to look at the seats at the arena compare the two , pay-per-views that's where the money comes into play
They're both at the MGM Grand and for arguments sake similarly priced. The money is there. It's just going into the pocket of White and the Fertittas'.
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(http://urdirt.com/wp-content/uploads/2010/11/Raping-Everybody-Guy-THEY-RAPING-EVERYBODY-OUT-HERE1.jpg)
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The sport is rather new.
Boxing has been around for over a century, and licensed everywhere.
The UFC hasn't been licensed in New York, so the sport is not taken seriously yet.
Plus the UFC will continue to rape their employees, and pay them shit. Who will pay them more? The UFC has convinced the casual fan, there's only the UFC and nothing else.
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The sport is rather new.
Boxing has been around for over a century, and licensed everywhere.
The UFC hasn't been licensed in New York, so the sport is not taken seriously yet.
Plus the UFC will continue to rape their employees, and pay them shit. Who will pay them more? The UFC has convinced the casual fan, there's only the UFC and nothing else.
True. But as long as White can get away with it, it actually benefits the UFC as a company-not the fighters obviously but the brand.
Boxing's pay scale is the opposite-the fighters benefit but the sport suffers. That's why a ppv boxing card is so top heavy-usually you're paying for the main event and if you get a decent undercard that's just a bonus. All the money is going to the headliners so there's not enough money to be given to popular fighters to be put on the undercard.
UFC on the other hand used to have stacked cards-but as you can see that's changing as well.
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They get pay what they deserve , there are 4 or 5 fighters in the UFC that are irreplaceable the rest are b level fighters easily replaceable , why they should make millions when they are nothing special , it's like a cashier at Walmart asking to make six figures because Walmart make billions ,
The UFC brand is enough to sell pay-per-views , if Tim Kennedy , Gabriel Gonzaga ,Cub Swanson .....etc , get cut tomorrow nobody would give a flying fuck .
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UFC did $40,000,000 give or take from UFC 162. $35,000,000 from PPV and $4,000,000 from the live gate. Those salaries are a complete joke.
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great post tommy
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This doesn't prove that boxing is more popular than MMA-it only enhanced the perception that Dana White is severely under paying his employees.
boxing is a world sport while the UFC true market is America
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boxing is a world sport while the UFC true market is America
UFC is huge in westernized countries, Australia, England, all over Europe they go bat shit crazy for it. They don't have access to it like we do right now which is why it's probably not as popular. As soon as they do, it will change.
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UFC is huge in westernized countries, Australia, England, all over Europe they go bat shit crazy for it. They don't have access to it like we do right now which is why it's probably not as popular. As soon as they do, it will change.
England and Australia will always be 3rd tier in regards to MMA talent for one reason....Wrestling. Which will continue to stunt it's popularity in those countries.
America's martial art IS wrestling. It's the one sport that has cultivated the majority of America's MMA talent. That trend will continue for the foreseeable future.
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if they could only tap in to former soviet countries great wrestling there russia, belarus, etc
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boxing is a world sport while the UFC true market is America
hardly true
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if they could only tap in to former soviet countries great wrestling there russia, belarus, etc
Sleeping giant right there. Curious what Iran will do in the future too.
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hardly true
prove otherwise
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Dana White says his athletes are paid more than what is officially reported. This includes fight night bonuses: fight of the night, KO of the night, ect.
I give him credit because he does put money back into the promotion. But damn, I see some of the undercard fighters getting like 6 to 8 grand. That's crazy.
UFC early on was able to stack cards with quality fights from the first fight to the main event of a PPV because of two things. Low pay and a minimum payroll.
Now, having bought up all the comp. Strikeforce and Pride mainly-their roster is huge compared to just a few years ago. That's why now they're product is watered down. Add in the Fox tv deal and they are contractually obligated to put on a set amount of shows per their agreement which only further dilutes the product.
More fight cards dilute UFC??
There's thousands of MLB games, hundreds of NHL & nba games. People watch those sports religiously.
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Sleeping giant right there. Curious what Iran will do in the future too.
the future for MMA relies on the UFC success
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this isn't the USSR, or France, or Canada, or North Vietnam.
we aren't communists or socialists.
free market capitalism = you get paid what you're worth.
I have employees right now that aren't worth the $8/hr I legal have to pay them, and employees worth $15/hr but can't pay them because I'm legally obligated to pay the deadweight.
UFC takes the financial risk, so in turn, they receive the financial reward.
putting on a show isn't cheap, and you're NEVER guaranteed a profit, just like any other business.
it's a private company. they can do what they want. the last thing we need is some bullshit gov't intervention dictating how to run a business... or a Union full of socialist leaches.
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this isn't the USSR, or France, or Canada, or North Vietnam.
we aren't communists or socialists.
free market capitalism = you get paid what you're worth.
I have employees right now that aren't worth the $8/hr I legal have to pay them, and employees worth $15/hr but can't pay them because I'm legally obligated to pay the deadweight.
UFC takes the financial risk, so in turn, they receive the financial reward.
putting on a show isn't cheap, and you're NEVER guaranteed a profit, just like any other business.
it's a private company. they can do what they want. the last thing we need is some bullshit gov't intervention dictating how to run a business... or a Union full of socialist leaches.
Easy there Rush Hannity.
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:D ;D
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More fight cards dilute UFC??
There's thousands of MLB games, hundreds of NHL & nba games. People watch those sports religiously.
Sure it dilutes the product. They need to fill those fight cards w/ fighters right. Well, in a lot of cases those fighters aren't deserving of the exposure due to inexperience, talent, or 10's of other factors. TV spots used to be reserved for the elite. Fighters don't have the opportunity to hone their craft away from the public as much. We're watching them learn on the job.
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prove otherwise
http://www.sportsbusinessdaily.com/Journal/Issues/2012/06/11/In-Depth/UFC-global.aspx
http://www.krop.com/ultimatefightingchampionship/
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(http://www.totalprosports.com/wp-content/uploads/2013/07/17-anderson-silva-mocked-by-gsp-anderson-silva-knockout-memes.jpeg)
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(http://www.totalprosports.com/wp-content/uploads/2013/07/26-anderson-silva-knockout-punch-anderson-silva-knockout-memes.jpg)
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UFC did $40,000,000 give or take from UFC 162. $35,000,000 from PPV and $4,000,000 from the live gate. Those salaries are a complete joke.
especially when the guys getting their heads bashed in have to pay out managers,trainers, corner people, taxes and medical before paying themselves. Even more so with the guys being paid the most because everything they pay above is based on percentages
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(http://abload.de/img/silva4ojstq.gif)
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What did Dana make for the fight? 5 Million?
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And Weidman made $48,000. That's a staggering low amount of money for a fighter of Silva's stature. Considering a fighter like Robert Guerrero made 3 million to lose to Floyd Mayweather.
In fact, Mayweather is going to make a guaranteed 40 million to face Canelo in Sept. This doesn't prove that boxing is more popular than MMA-it only enhanced the perception that Dana White is severely under paying his employees. Something is going to have to give sooner or later.
MMA brings in as much money as boxing. They sell an amazing amount of pay per views and the venues sell out. The difference is the UFC keeps the money because they are just about a monopoly on MMA. In boxing in years past had an alphabet of organizations they could go to. If MMA fighters formed a union I bet they would be replaced with B listers and many of the fans wouldn't realize there were better fighters out there.
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Sleeping giant right there. Curious what Iran will do in the future too.
can you imagine olympic champion wrestlers training with mark coleman and learning GnP
imagine that 7foot russian 88 gold medalist fighting in the cage
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Poor Weidman
He will get a better pay for his next fight though, as the Champ
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(http://media.tumblr.com/tumblr_leub9i7gtv1qa93ac.jpg)
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And what will Phil Heath win (assuming he does) after the fight of his life ( ::) ) ?
Far less than that...
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And what will Phil Heath win (assuming he does) after the fight of his life ( ::) ) ?
Far less than that...
isn't the Mr Olympia more popular than the UFC?.. ;)
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(http://i.imgur.com/1cqEUZ8.png)
http://i.imgur.com/1cqEUZ8.png
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(http://i44.tinypic.com/302nm74.gif)
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Lol what the fuck?
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This was from the site The Fight Opinion:
As a result of the UFC’s recent decision to cut more fighters, we are beginning to see a paradigm shift in the MMA fighter pay debate. For the 1st time in the sports history, fighters from both inside and outside the UFC are questioning the organization’s horrible pay. In response to these questions, Dana White recently mentioned that the issue could be solved if the company eliminated fighter bonuses.
To be quite honest, none of this sits well with me from a financial standpoint. For the most part, ownership still states that business is great. If things are so hunky dory, why have so many fighters been cut and/or forced to retire? If the UFC is doing so well, why can’t they afford to pay the low level fighters better and keep bonuses? Is the UFC struggling or is business down a bit and ownership is just too greedy to give up any profit?
To answer these questions and better understand the UFC financial situation, I put together a basic financial analysis of the organization. The numbers below are not meant to be exact figures, but more of a generic guide to help the average fan understand the UFC from a financial standpoint.
Let’s assume that the UFC has…
250 fighters at $100,000/year (including health insurance) = $25 million
200 front office employees (legal, marketing, etc.) at $100,000/year = $20 million
$24 million a year for advertising ($2M budget/month)
$24 million a year for production costs
$6 million a year for office expenses ($500,000/month)
$1 million cash-on-hand for incidentals
This is $100 million dollars in combined annual expenses. Since the Fox deal is around that same financial range, let’s make it easy and just estimate that these expenses are paid in full with Fox money. With all the Fox revenue accounted for, look at UFC’s other revenue streams:
PPV revenue – average of 500,000 buys at $50 a pop over 12 events = $300 million
Tickets & merchandise – $24 million from 12 PPV events
Advertising/event sponsorships – $18 million from 12 PPV events
UFCStore.com = $12 million a year in sales
Other – licensing video games, action figures, online video = $1 million a year
You’re looking at $355 million a year. What about remaining expenses?
$450 million debt with Deutsche Bank -> $10 million per month = $120 million per year
Since I don’t have access to all of Zuffa’s books, let’s be extra cautious and budget an additional $10 million a month for expenses missed. After accounting for loan payments and budgeting extra cash for overlooked expenses, UFC’s financial picture could be producing a scenario of $115 million a year in annual profit. If that’s the case, here’s what the payouts would look like if they were taxed at 25%:
Frank Fertitta: $34.5 million a year ($2.875 million/monthly, $718,750/week, $102.678.57/daily)
Lorenzo Fertitta: $34.5 million a year ($2.875 million/monthly, $718,750/week, $102.678.57/daily)
Dana White: $8.625 million a year ($718,750 a month, $179,687/week, $25,669/day)
Abu Dhabi owner: $8.625 million a year
If the numbers are close to accurate, it means Zuffa is doing better than expected. With the UFC being so economically strong, Zuffa’s refusal to pay fighters becomes less acceptable. It is now time for fighters to organize a union and fight for every last penny.
The problem for UFC is that if you take away the Fox money, the PPV cash is still the heavy driver of revenue for the organization. That means it’s a volatile situation when buy rates get cold and they have been very cold for the most part. When you lose Brock Lesnar, it hurts. St. Pierre only has a few fights left in his career before retirement. There’s nobody who can step in and automatically draw 750,000 PPV buys for a fight. It’s why they’re putting so many eggs in the Ronda Rousey basket. Will Anderson Silva’s loss against Chris Weidman damage his PPV drawing prospects?
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Great post Nic
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UFC did $40,000,000 give or take from UFC 162. $35,000,000 from PPV and $4,000,000 from the live gate. Those salaries are a complete joke.
Lol wtf are you talking about? UFC 162 did about 800 thousand pay preview buys. 1 boxing match for 1 top fighter like mayweather exceeds a single UFC event. 40 million buys lmao. http://www.mmamania.com/2013/7/7/4501384/ufc-boss-pay-per-view-numbers-for-ufc-162-trending-towards-800k-mma
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yeah, but UFC puts on at least one PPV every month FMJ does one per year this year he is actually doing two though
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To be fair to the lowish Silva wage - he's been not putting on a show for quite a while, now. What he has done lately in these fights - this lame game of weird showmanship - it hasn't been charming. I mean, who didn't love Naseem Hamed and his hilarious bullshit, it had a certain charm about it. You don't get that from Silva because he's not a likeable guy. It's just really confusing for someone to watch him treat some guy like a chump in there, get stung in the middle of feigning rubberlegs and then have him tell Joe that this guy is the best, now. Fuck that. It's a complete farce. It's like I said in the other thread. I think Silva took the soft option. I think he has been afraid of losing for a while now (remember that fight a while back where he basically ran from the dude for half the fight after a bit of light contact?) and the easiest way to buffer that was act like a tool, get stung by some silly stuff and have the ability to say "well, I was stuffing around at the time". I mean, there's nobody really thinking Silva just got dethroned. Everybody is pretty much confused and the poor guy at the centre of it Weidman.. gee, it must feel like he's been used.
I think the real kicker for the UFC at the moment is that they basically have genetic freaks at the top. Dudes with physical attributes that make them streets ahead of everybody else - there isn't a marketable sense of belief that these contenders can get the job done. Nobody goes into watching GSP / Jon Jones / Silva fights, thinking there is going to be a new title holder - and none of these contenders have the air of someone who could possibly hang around for a while. The heavyweight title has been passed around by guys who pulled off knockouts at the right time and who the fuck cares about about the lighter guys? Here's the rule with the masses (including me), if it's "lightweight" or lower - I barely give a shit, because it's just far more likely I'm going to have to sit through a 25 minute fight, followed by a decision.
Right now, the UFC is really decent - just not for title fights. I'm struggling to think of any title fight I've enjoyed in a long time.
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Since I don’t have access to all of Zuffa’s books, let’s be extra cautious and budget an additional $10 million a month for expenses missed. After accounting for loan payments and budgeting extra cash for overlooked expenses, UFC’s financial picture could be producing a scenario of $115 million a year in annual profit. If that’s the case, here’s what the payouts would look like if they were taxed at 25%:
Frank Fertitta: $34.5 million a year ($2.875 million/monthly, $718,750/week, $102.678.57/daily)
Lorenzo Fertitta: $34.5 million a year ($2.875 million/monthly, $718,750/week, $102.678.57/daily)
Dana White: $8.625 million a year ($718,750 a month, $179,687/week, $25,669/day)
Abu Dhabi owner: $8.625 million a year
34 million USD a year! JESUS!
That's even more than what Johnny Falcon makes!