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The anti-trust lawsuit the UFC faces is a big one. It alleges that the UFC acted as a monopsony (a monopoly on labor), depressing the wages fighters could receive by virtue of distorting the market. The damage assessed to the fighter’s incomes since 2010 is… well, it’s huge. The economist who assessed it put the figure at 1.6 billion dollars. That isn’t even the final sum that would be owed. That final figure would be tripled, as punishment, resulting in 4.8 billion dollars being paid out to all fighters from December 2010 to December 2014, and then as long as the “scheme” lasts; in other words, as long as the UFC is judged to have continued it’s anti-trust violations. When I spoke to Jon Fitch, one of the original plaintiffs, he explained that fighters since 2010 would be automatically included in the beneficiary class, unless they opted out.
Well this caught me eye. Plaintiff’s expert Hall Singer came up with a damages figure of $1.6 Billion – that’s with a B – for bout class (purses and such) and $37 million for Identity class (video game rights)
— John S. Nash (@heynottheface) February 17, 2018
That 1.6 Billion number was not a misprint. “I also explain why the most plausible damages estimate is the $1.6 billion calculation that flows from my impact regression.”
— John S. Nash (@heynottheface) February 17, 2018
It’d be even worse. If they didn’t settle and the jury or judge awarded them 1.6 bil then it be trebled to $4.8 billion.
— John S. Nash (@heynottheface) February 17, 2018
This came to light from 200-plus pages of documents filed, via MMA journalist John Nash.
A bunch of motions & exhibits filed in the UFC lawsuit. Some look interesting. And long. 200 plus pages!
— John S. Nash (@heynottheface) February 17, 2018
He found some other interesting details as well:
The motion for class certification was filed. According to plaintiffs’ analyst fighter compensation as a percentage of event revenue has decreased over time. Apparently Zuffa’s expert conceded this as well
— John S. Nash (@heynottheface) February 17, 2018
Scott Coker explains how the UFC used their market power to set prices on fighter wages:
A quote from Coker in the motion. Zuffa’s market power allows it to “dictate what an entry [level] fighter would get and what a mid-tier fighter would get, what a top-tier fighter would get.”
— John S. Nash (@heynottheface) February 17, 2018
Lorenzo Fertitta once made a comment that insinuated the UFC pays half their revenue to the fighters. Obviously, that wasn’t even close to true. Andrew Zimbalist is an economist who gave an expert report on the matter:
From Andrew Zimbalist’s expert report discussing Lorenzo’s claim that UFC paid close to half their revenue to fighters (“[It’s] in that neighborhood, yeah.”)
Zimbalist: As is clear from the analysis below, Feriitta’s comment is simply wrong.— John S. Nash (@heynottheface) February 17, 2018
Zimablist – Strikeforce paid 63% of their revenue to fighters.
— John S. Nash (@heynottheface) February 17, 2018
Zimbalist: “Finally, Zuffa’s 2016 sale price of over $4 billion to WME-IMG is more than enough to pay for damages. Zuffa’s owners made that $4 billion by systematically underpaying fighters.”
— John S. Nash (@heynottheface) February 17, 2018
Of course, none of this means the lawsuit will be successful, or that Zuffa won’t bargain for a lesser figure. That all remains to be determined as the slow cogs of justice grind on. But the fact that the suit has made it this far gives the basic claim merit- that there is reason to believe the UFC has used it’s dominant market position to suppress fighter wages, which are notoriously low compared to top payouts in boxing, and even worse when compared to team sports with collective bargaining agreements in place like the NBA and NFL. This is also an interesting lawsuit because growing concentration in labor markets in general is considered a factor in our current state of rising inequality and flat wages across sectors.
Insomnia
Gotcha
GOT EM! @AXSTVFights @LFAfighting @barstoolsports pic.twitter.com/ffx0PmXpWE
— Scott Holtzman (@HotSauceHoltzy) February 17, 2018
#iluhyou is a great hashtag for Yoel Romero to post
Head movement
Exciting prospect Josh Kelly working that head movement with some swagger thrown in pic.twitter.com/vPU2TSJSiy
— Against The Ropes (@ATRboxinguk) February 16, 2018
Australia, the real origin of MMA
Claudia Gadelha wanted to clear up why she couldn’t fight Carla Esparza twice before. This shouldn’t be the deal it is, but many MMA fans are quick to jump to conclusions when fighters don’t make it to fight night for any reason, no matter how sound.
Alexander Gustafsson working his jab
The real Jon Jones got to attend a Bellator event live tonight. Despite taking all Jonny Bones’ hate mail on Twitter, he avoided becoming an MMA fan for years, but we got him eventually.
Time for @jonjones to get his hands wrapped for #Bellator194 pic.twitter.com/yyHT1S7Pnn
— Bellator MMA (@BellatorMMA) February 17, 2018
Slips, Rips, and KO Clips
Evidently Sweet Chin Music is the professional wrestling name for a sidekick to the face. All I can think of is that all those Chuck Norris movies I watched… those were real. Kevin Wirth just proved it at LFA 33.
Dude straight up won an MMA fight with Sweet Chin Music pic.twitter.com/x5477ZBb0Z
— Dan It’s Pronounced Why-Ner (@DanWeiner) February 17, 2018
Overhand right counters the jab
.@AdegBenny gets the KO victory in under 30 seconds! WOW#GLORY50 pic.twitter.com/DPRQi1U0Nd
— GLORY Kickboxing (@GLORY_WS) February 17, 2018
What’s that phrase Joe Rogan likes? “A beautiful rear-naked choke!”
“The Future” is here! @MayceeBarber adding another victory to her record here at #LFA33! @LFAfighting pic.twitter.com/43FaFcwzVI
— AXS TV Fights (@AXSTVFights) February 17, 2018
A predator stalking his prey
BOOM! #boxing pic.twitter.com/ldgxxyd4lU
— Fuckie Chinster (@Daily_Bruise) February 17, 2018
This is a tight choke from the top
THE LEECH!#LFA33 pic.twitter.com/PunLEri0bt
— Jonnyboy (@JBNeverDies) February 17, 2018
Don Frye!
Podcasts and Video
AJ and I discuss Yoel’s kiss of death, and this weekend’s UFC fights in Austin Check us out on SoundCloud as well as iTunes and Stitcher on the official MMA Mania channel!
Yancy Medeiros has a lot of tools- Andrew Richardson breaks down his guillotine choke! Follow MMA Mania on Youtube
Random Land
Olympic athletes aren’t like ordinary people. This would be me.
if I came in 2nd in ANY olympic sport. pic.twitter.com/y8WHWWmzZT
— quinta b. (@quintabrunson) February 16, 2018
Overhead view
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