Tag: revenue sharing

Quote: If You Want To Make Millions In The UFC, Kick Everybody’s Ass

Esteemed coach and the first UFC welterweight champion Pat Miletich gave his opinion on how to earn those million-dollar paychecks in the UFC. As a former champion of the organization, Miletich is familiar with how fights are negotiated with promoters. Miletich insists that the UFC prefers to do business with fighters that understand how to […]

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Esteemed coach and the first UFC welterweight champion Pat Miletich gave his opinion on how to earn those million-dollar paychecks in the UFC.

As a former champion of the organization, Miletich is familiar with how fights are negotiated with promoters. Miletich insists that the UFC prefers to do business with fighters that understand how to market themselves. Essentially, the former champ accepts that the cream rises to the top and the same goes for just about any MMA promotion.

The age of entertainment is here and Miletich stresses how important it is to stand out among a packed roster of fighters. Speaking with MMA News‘ James Lynch, Miletich demonstrated how capitalism is the engine running the UFC.

“MMA is the most capitalistic sport on the planet. Miletich stated. The best guys make it to the top. That’s just the way it is, the guys that market themselves the way they see fit, and whether they’re the bad guy, the whit what or the black hat, whatever it is, I don’t see it.”

Miletich asserts that the promotion punishes fighters who speak out against the company publicly. Despite becoming champion in 1998 and earning four title defenses, he believes tensions with UFC president Dana White only hurt his wallet as the champion.

“I spoke out as the champion, and Jens Pulver spoke out as the champion. And Jens walked away. Him and Frank Shamrock are still the only guys to walk away with world title belts and go to different organizations. Miletich continued. And obviously, Jens has kind of been brought back into the fold; Frank, they’ve kind of erased him from history. But I was at odds with Dana White for that and many other reasons over a period of time. And that’s all done with many years ago now. But I spoke out about it. Back then, as a world champion, I wasn’t really making millions of dollars, so I felt it was important. But again, it’s the most capitalistic sport in the world. If you want to make millions of dollars, kick everybody’s ass. That’s the way it is.”

According to Miletich, if a fighter wants to ascend to those types of monetary heights, they will need to copy Khabib Nurmagomedov’s blueprint and just “kick everybody’s ass.” The UFC and its pay structure have become a sore topic of discussion after the company was forced to reveal revenue-sharing financials. However, as stated by UFC president Dana White and Endeavor CEO Ari Emanuel, the company stance is that fighter compensation is a non-issue.

Do you think UFC fighters make enough money?

Continue Reading Quote: If You Want To Make Millions In The UFC, Kick Everybody’s Ass at MMA News.

Mark Hunt Antagonizes Dana White After Lawsuit Revival

Mark Hunt and UFC president Dana White have had their differences, and the feud will continue after the heavyweight’s lawsuit has been revived in the courtroom. The “Super Samoan” has been fighting inside the court and outside the Octagon for years now. In 2019, the court dismissed Hunt’s claims against the UFC. The former UFC […]

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Mark Hunt and UFC president Dana White have had their differences, and the feud will continue after the heavyweight’s lawsuit has been revived in the courtroom.

The “Super Samoan” has been fighting inside the court and outside the Octagon for years now. In 2019, the court dismissed Hunt’s claims against the UFC. The former UFC heavyweight alleges that the company, and Dana White had knowledge of Brock Lesnar’s use of performance-enhancing drugs.

The two met each other in a highly publicized heavyweight bout back in 2016 at UFC 200 where Hunt lost by unanimous decision. Later, a No Contest result was rendered after Lesnar tested positive for illegal substances. Mark Hunt claims that the UFC and Dana White knew about the PEDs, and has since pursued litigation on the basis of fraud and battery.

Recently, the UFC and Endeavor have both been under fire for their support of the way the UFC pays fighters. After antagonizing the UFC boss, Mark Hunt is insistent that justice is finally on its way.

“U fkers said to me many many moons ago if I was a gambling man and I will ask u here the same question because u ain’t eva going to get rid of me I’m a motherfken gangsta and I got that rusty fork waiting for all of your bch a eyeballs.” Mark Hunt posted.

“@danawhite u better kill me bra u ain’t going anywhere G u and your little puy freinds u bches have stolen from so many of us fighters and our families finally justice is about to start for u punk motherfkers enjoy it bch. Hunt stated. And all of those who scoffed and laughed at me and said all sorts of sh** u can all kiss my black a** u filthy coward f**ks.”

Following lulls in litigation, a frustrated Mark Hunt voices to the UFC president that he’s not going anywhere, anytime soon. The 47-year-old last stepped into the Octagon against Justin Willis in 2018 and lost by unanimous decision.

The UFC has been publicly criticized for its pay structure. When the company became the target of a class-action lawsuit, they were forced to reveal its revenue-sharing aggregates. Following the reveal, many were in shock to see that the UFC is only paying roughly 16%-18% of revenue to its fighters. In comparison, major sporting leagues like the NFL and NBA are shelling out nearly 50% in revenue to their respective athletes.

Do you think Mark Hunt will win his courtroom fight against the UFC?

Continue Reading Mark Hunt Antagonizes Dana White After Lawsuit Revival at MMA News.

[UPDATE] More Details Revealed On Revenue-Sharing MMA League

[UPDATE] Days following our report that an MMA organization with revenue-sharing and benefits was set for launch in 2023, MMA reporter Ariel Helwani has released further details. The organization will be named the World Fighting League (WFL). The new league will be structured so that independent franchise owners will register a team of athletes from […]

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[UPDATE]

Days following our report that an MMA organization with revenue-sharing and benefits was set for launch in 2023, MMA reporter Ariel Helwani has released further details.

The organization will be named the World Fighting League (WFL). The new league will be structured so that independent franchise owners will register a team of athletes from free agency or by league entry draft. In addition, the season will be conducted similar to other sporting events in which teams will play away from ‘home’ and compete for playoff spots.

Helwani also revealed the company’s new logo, as well as developing information on the WFL’s plans ahead of their 2023 launch.

* The group is comprised of several former/current professional athletes that have experience in NFL, NBA, MMA. The group also includes a number of MMA world champions and five former promoters for MMA that have garnered respect through years of business. Lastly, MMA executives, matchmakers, actors, and recording artists will also play a role in the WFL.

*According to Helwani’s sources, the WFL has been in development since 2020 and the non-profit was established May 3, 2021.

* Four Conferences will be a part of the league (North America, South America, Europe/Africa, Asia/Oceana).

* Each Conference will consist of at least eight teams, and no more than 24.

* Each team will consist of 24 league-registered athletes, with three athletes per weight class.

*The WFL is focused on its North American expansion first, although the structure in place adheres to a legitimate world league.

* As of this writing, they have six approved franchise owners (four in the USA and two in Canada) and have indicated that multiple proposals and applications are in the works for other teams.

* A Conference will begin once there have been eight approved team owners.

Helwani asserts that provisions are set so the promotion cannot take more than 50% of revenue. Some terms of the contract cannot be negotiated until a union for athletes is established, although that rule can change for franchise owners. Once the union is in operation the hope is that athletes and owners will be able to finalize the terms of their agreements.

What do you make of the WFL and all of the newly released details?

[ORIGINALLY PUBLISHED SEPTEMBER 15, 2021 7:00 PM]

Combat Sports will need to make room for another player, as a new MMA league is reportedly on its way in 2023 courtesy of a number of “influential industry individuals.”

According to MMA Reporter Ariel Helwani, a new MMA organization is on the horizon and is set to launch in 2023. Here’s what The MMA Hour host had to say about it.

“According to sources, a number of influential industry individuals have come together to create a new MMA league that is structured more like the NBA/NHL/NFL rather than your typical MMA promotion,” longtime MMA reporter Ariel Helwani wrote on his website. “This new league would also include an athlete association that implements a [collective bargaining agreement] with 50/50 revenue share, guaranteed contracts, health insurance, career-ending insurance, and a pension plan. The plan is to announce the venture in the coming days, I’m told. They are hoping to launch in 2023.”

The details are certainly enticing for fighters, as the revenue-sharing system in the UFC pales in comparison to what Helwani is relaying. With most major sporting entities offering athletes up to 50% of the total revenue share, the UFC’s approximate 16-18% is seen as simply inadequate to many who view the company’s fiscal policy in an adversarial manner.

The UFC has recently been under the microscope due to alleged poor fighter pay. Currently, with the pay structure in the UFC, a fighter can lose half their check if they lose their fight. YouTuber-turned boxing star Jake Paul has publicly shamed the UFC for their payment structure that deducts half of a fighter’s paycheck if they lose. The 4-0 boxer went so far as to donate $5,000 to UFC fighter Sarah Alpar’s GoFundMe back in June in support of fighter pay solidarity.

Details of the structure describe that fighters will be offered guaranteed contracts, health insurance, career-ending insurance, and a pension plan. In accordance with the announcement, details of the operation will be released to the public in the coming days.

As information about the new promotion comes to light, we will keep you up to date on what is next for the mysterious MMA organization set to take the world by storm in 2023.

Do you think this new MMA organization could overthrow the UFC?

Continue Reading [UPDATE] More Details Revealed On Revenue-Sharing MMA League at MMA News.