Why Your Favorite UFC Fighters Go Broke

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  • เผยแพร่เมื่อ 7 มี.ค. 2021
  • UFC fighters don't get paid as much as you'd think.
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    As the UFC has gained more mainstream popularity, some of its top athletes have become international superstars. Sold out arenas in Vegas and across the world, Fight Night on ESPN, millions of dollars pouring in from Pay-Per-View, and million dollar gates have contributed to the rise of the UFC.
    What was once a fledgling company struggling to find its footing as a legitimate operation has turned into a multi billion dollar organization hosting live events throughout the world and developing little known fighters into international multi-millionaire superstars.
    Here are a couple things that are really important when analyzing the finances of UFC athletes.
    #1 - when a UFC athlete has reached the top and is able to command multiple six figures for a fight, he or she is typically only fighting once maybe twice per year. When you see someone earn $400,000 for a single night of work, that is essentially their yearly salary if they only have one fight per year.
    #2 - unlike other professional sports, UFC fighters have gym fees, a coaching staff, a manager, sometimes medical expenses, traveling expenses, and an expensive dietary regimen given the demands of the sport.
    #3 - when Reebok became the official sponsor of the UFC, a large portion of a fighter’s revenue was diminished as they were no longer allowed to have other sponsors on their outfits.
    53% of UFC athletes have earned less than $100k total in career earnings. 69% of UFC athletes have earned less than $200k total. 84% have earned less than $500k. 91% have earned less than $1 million.
    Topics covered in this video:
    UFC fighter finances
    Tyron Woodley spending money
    How much the average UFC fighter makes in career earnings
    Typical income for UFC fighters
    Breakdown of a contender's finances
    How easy it is for UFC fighter's to go broke

ความคิดเห็น • 1.5K

  • @3094usmc
    @3094usmc 3 ปีที่แล้ว +934

    The Reebok deal was probably the worst thing I've ever seen in Sports.

    • @PInk77W1
      @PInk77W1 3 ปีที่แล้ว +10

      For Reebok?
      For the fighters ?
      Or the UFC ?
      I’m not a big fan so I’m just trying to learn

    • @3094usmc
      @3094usmc 3 ปีที่แล้ว +163

      @@PInk77W1 For the fighters.

    • @PInk77W1
      @PInk77W1 3 ปีที่แล้ว +4

      @@3094usmc ok. Cool. I thought that’s what u meant.

    • @chrisjohnson4039
      @chrisjohnson4039 3 ปีที่แล้ว +45

      Good for Reebok. Sucks for everybody else. The only other place where people knew of Reebok was CrossFit.

    • @arafatlone1162
      @arafatlone1162 3 ปีที่แล้ว +18

      VENUM is more worse than Reebok
      *It just bumped 1k-2k in each tier*
      The worse thing is this is 7 years after the reebok deal

  • @rodrickchiwundura2588
    @rodrickchiwundura2588 3 ปีที่แล้ว +2015

    The money in UFC is evident when Conor, who's at the top of the food chain, got his biggest pay day when he went to boxing

    • @pistolcucapse
      @pistolcucapse 3 ปีที่แล้ว +50

      good point

    • @satanwithinternet2753
      @satanwithinternet2753 3 ปีที่แล้ว +6

      i dident get it as i dont know anything about ufc plz explain

    • @JohnDoe-mv1sm
      @JohnDoe-mv1sm 3 ปีที่แล้ว +130

      amen! UFC fighters get paid chicken shit. It's sad really :(

    • @InFaxWeTrust
      @InFaxWeTrust 3 ปีที่แล้ว +100

      True ...but you’ll get your biggest pay day also if you fight FLOYD MAYWEATHER😂

    • @MrCaptainTea
      @MrCaptainTea 3 ปีที่แล้ว +2

      @@satanwithinternet2753 ?

  • @aztronomy7457
    @aztronomy7457 3 ปีที่แล้ว +433

    The UFC has realized after the sport had gone completely international that they don't have to depend on fighters from wealthy g20 nations who expect a bigger purse.. they can bring in fighters from Kazakhstan, Dagestan, Africa, South America, etc to fight at equal to higher talent for less money without any complaints. A $20,000 to show and $20,000 to sign is absolutely nothing for an American where you're essentially in poverty if you make under $45000 a year. But for someone in a developing country, $40000 is a fortune. It's a shame but it's the way it is.

    • @Dizzy808
      @Dizzy808 3 ปีที่แล้ว +7

      facts

    • @user-vg8tv1hp9c
      @user-vg8tv1hp9c 3 ปีที่แล้ว +21

      That’s the best way I’ve seen this put. Thank you

    • @rajsel8761
      @rajsel8761 3 ปีที่แล้ว +8

      Really that's dumbest thing I heard.
      These fighters from foreign countries still have to pay taxes.(federal & state) deducted from pay. Than they have to pay for flights for them and crew. Also hotel stay for them and crew.
      Guy coming from Africa to make (20+20) after taxes, management fee, flight & hotel costs for him & his team. He probably taking home $10,000 for the year.

    • @aztronomy7457
      @aztronomy7457 3 ปีที่แล้ว +2

      @@rajsel8761 ufc pays for flights

    • @rajsel8761
      @rajsel8761 3 ปีที่แล้ว +9

      @@aztronomy7457 nope; not true. They pay for thier TOP PERFORMERS/CHAMPIONS/CHAMPION CONTENTDORS. And that's also if thier management team negotiate it into contract. Sometimes, if ur really big u get the private jet. Also UFC will pay for ur hotel suites.
      However, 90% of UFC fighters have to pay for thier own hotel and flights. Also they have to pay a fee for some medical expenses not alot (UFC covers majority of cost) but the fighter has to pay like $125-$200, deductions.
      Alot of UFC ex fighters exposed this. Look at Dan Hardy interview, when he fought GSP for title. He had to pay for his own hotel, flights for him and his team. His regret was he wished he negotiated a better contract but was juts desperate to get title shot

  • @KARATEbyJesse
    @KARATEbyJesse 3 ปีที่แล้ว +1258

    My first reaction when I saw my brother’s UFC contract was pure disgust. They call it the ”fight game”, but it’s a cut-throat business!

    • @lewisreeves9843
      @lewisreeves9843 3 ปีที่แล้ว +15

      whos your bro what weight class?

    • @YoosufMuneer
      @YoosufMuneer 3 ปีที่แล้ว +143

      @@lewisreeves9843 Oliver enkamp and Welterweight

    • @lewisreeves9843
      @lewisreeves9843 3 ปีที่แล้ว +48

      @@YoosufMuneer ill have to keep an eye out for him

    • @iluv2troll619
      @iluv2troll619 3 ปีที่แล้ว +202

      The UFC has really killed the dream of being a martial artist. Fighters train their asses off for all these years just to put it on the line in a cage that helps wrestlers for $5,000 - $10,000? That is lousy.

    • @jonster5147
      @jonster5147 3 ปีที่แล้ว +19

      ILuv2troll you have to build your name you really think they are gonna give fat bags to no named fighters

  • @frankokonkwo3662
    @frankokonkwo3662 3 ปีที่แล้ว +416

    THESE FIGHTERS NEED MORE PAY, I LOWKEY NOW FEEL BAD WATCHING THE UFC

    • @mattreyes4803
      @mattreyes4803 3 ปีที่แล้ว +55

      Prelims are hard to watch when you realize some fighters gave it their all to get 10k and they still have to pay bills

    • @snickerszn8459
      @snickerszn8459 3 ปีที่แล้ว +31

      Yeah I agree. Same pay. Give them retirement program, 401k. Something they get money to retire.

    • @hueyg206
      @hueyg206 3 ปีที่แล้ว +24

      @@snickerszn8459 they need to find some way to unionize or something.

    • @randyjohnson2885
      @randyjohnson2885 3 ปีที่แล้ว +25

      Being a UFC Fighter is just not worth it. Financially speaking.

    • @eitkoml
      @eitkoml 3 ปีที่แล้ว +6

      Fedor never fought in the UFC because he thought he wasn't getting paid enough.

  • @jumhed994
    @jumhed994 3 ปีที่แล้ว +530

    'Signing it over to their wife's boyfriend.'
    Ouch

    • @benardio6193
      @benardio6193 3 ปีที่แล้ว +22

      Yo I listened to that statement for like 10x and then turned on the caption to see it well 😂😂 it's fucking painful man

    • @justicewarrior9187
      @justicewarrior9187 3 ปีที่แล้ว +32

      RED PILED
      MGTOW

    • @jordanlako3843
      @jordanlako3843 3 ปีที่แล้ว

      🤣🤣🤣

    • @n-wordheelflips2648
      @n-wordheelflips2648 3 ปีที่แล้ว +6

      hell yeah dude
      I'm the wife's boyfriend

    • @BLAKDANGER
      @BLAKDANGER 3 ปีที่แล้ว +16

      If you're not red pill in 2021 you're asking for trouble

  • @bw4500
    @bw4500 3 ปีที่แล้ว +316

    As the fans, we really should be playing a bigger role. These guys who entertain us are getting shafted and we're letting it happen.

    • @johncharlton199
      @johncharlton199 3 ปีที่แล้ว +12

      100%

    • @TititoDeBologay
      @TititoDeBologay 3 ปีที่แล้ว +3

      I’m keen but how? Boycott the events would be counterproductive.

    • @yaakw
      @yaakw 3 ปีที่แล้ว +13

      It’s hard to advocate. Pro Dana fans are ruthless.

    • @TititoDeBologay
      @TititoDeBologay 3 ปีที่แล้ว +33

      @@yaakw Wait, people are fans of that dude?

    • @banditbastard2585
      @banditbastard2585 3 ปีที่แล้ว +3

      We should donate crypto to them, if these lame ass streamers are making millions, there's no reason fighters shouldn't, pirate all the ppvs, and help them out directly with the money you save, fuck dana white

  • @KenJee_ds
    @KenJee_ds 3 ปีที่แล้ว +1193

    Wild to look at this vs the career earnings of a sport like golf. The top 80 money earners in golf made more than Connor McGregor in his career 👀

    • @bloatedsodium7301
      @bloatedsodium7301 3 ปีที่แล้ว +58

      Fore Real

    • @SpencerCornelia
      @SpencerCornelia  3 ปีที่แล้ว +161

      Yea he was golfs greatest gift

    • @colin6673
      @colin6673 3 ปีที่แล้ว +115

      @Daryl Mixan Mcgregor is that guy in MMA. The fighters were payed even worse before his arrival. Dana is such a scumbag paying some of his fighters peanuts

    • @iguessso1790
      @iguessso1790 3 ปีที่แล้ว +89

      @@colin6673 they only are getting paid so bad because of the reebok deal. Fighters made good money by having their trunks full with logo's of brands that sponsored them

    • @colin6673
      @colin6673 3 ปีที่แล้ว +46

      @@iguessso1790 Ye true but I'm talking about the fight purse specifically. That's always been shitty. I don't know why any fighter wouldn't just fight for Bellator. Better opportunities and more likely to get away with doping

  • @chadalicious374
    @chadalicious374 3 ปีที่แล้ว +357

    Sounds to me like the fighters need to set themselves up a union like they have in just about every other major pro sport.

    • @mattreyes4803
      @mattreyes4803 3 ปีที่แล้ว +36

      Randy couture tried to get one started

    • @molasorrosalom4846
      @molasorrosalom4846 3 ปีที่แล้ว

      Good luck with that.

    • @bio-hazzard1233
      @bio-hazzard1233 3 ปีที่แล้ว +38

      The problem with that probably is unlike the NBA or NFL these fighters can’t hold out and not get payed because most of them live pay check to pay check. In the NBA or NFL they can sit out for longer cause they’re so rich

    • @chadalicious374
      @chadalicious374 3 ปีที่แล้ว +3

      @@bio-hazzard1233 They can afford to completely miss more events than the UFC can.

    • @docrakidocraki8067
      @docrakidocraki8067 3 ปีที่แล้ว +1

      @@bio-hazzard1233 thats where union donations come in and strike insurance

  • @Urbrainongaming
    @Urbrainongaming 3 ปีที่แล้ว +135

    The ultimate fighter is one of the most entertaining shows in history.
    It's the only reality show where people are supposed to beat each other up.

    • @SpencerCornelia
      @SpencerCornelia  3 ปีที่แล้ว +43

      I was thinking about that lol. It's the only show where drama leads to actual fighting haha

    • @Urbrainongaming
      @Urbrainongaming 3 ปีที่แล้ว +11

      @@SpencerCornelia It changes the dynamic of the drama. Everybody can talk, but they are actually going to have to back it up.
      And this is a rabbit trail, but seeing how different temperaments respond to the situation is so interesting too. Especially considering everything you shined a light on. They are desperate at the mid/low levels.

    • @boogaethje
      @boogaethje 3 ปีที่แล้ว

      Ever watch Jerry Springer? 🤗

    • @Urbrainongaming
      @Urbrainongaming 3 ปีที่แล้ว +2

      @@boogaethje too much referee interference.

    • @boogaethje
      @boogaethje 3 ปีที่แล้ว +2

      @@Urbrainongaming yeah probably shoulda got Steve Mazzagati to do Springer security.

  • @razkrunk3169
    @razkrunk3169 3 ปีที่แล้ว +253

    Fighter pay is atrocious.

    • @shanewright2772
      @shanewright2772 3 ปีที่แล้ว +12

      The vast majority are just meat for the grinder. It would seem there's little if any point in investing in them.

    • @blueflame3531
      @blueflame3531 3 ปีที่แล้ว +22

      They have to wear Reebok, plus get blackmailed by that douch from Monster if they don't take pics with him they won't get paid let them find sponsors like the old days

    • @petergianakopoulos4926
      @petergianakopoulos4926 3 ปีที่แล้ว

      No one puts a gun to their head to fight.

    • @D1Snr
      @D1Snr 3 ปีที่แล้ว +10

      @@petergianakopoulos4926 True no one forces them to sign, but that doesn't make it any less of a poor deal

    • @petergianakopoulos4926
      @petergianakopoulos4926 3 ปีที่แล้ว +1

      @@D1Snr we agree sir.. the headliners need to leverage their deals to help the undercards

  • @RamblingPodcastTalks
    @RamblingPodcastTalks 3 ปีที่แล้ว +48

    Yea.. I really woke up when I realized this a few years ago, quit pro fighting, started my own company. It’s easy to be carried away by highlights of someone else’s life. In the meanwhile not knowing the flip side of it.

  • @TomNashTV
    @TomNashTV 3 ปีที่แล้ว +867

    Wow... some of this I never considered. Brilliant work Spencer.

    • @noeldiaz4933
      @noeldiaz4933 3 ปีที่แล้ว +1

      So Tom is also human.

    • @sourishsaha8067
      @sourishsaha8067 3 ปีที่แล้ว +1

      Never expected a fake Guru revealers in a MMA channel

    • @GTL5427
      @GTL5427 3 ปีที่แล้ว

      @rochiii 1) don't blow it, 2) keep it simple, 3) count your money

    • @hikewithzil
      @hikewithzil 3 ปีที่แล้ว

      Woah Tom Nash

    • @shahryaramin3100
      @shahryaramin3100 3 ปีที่แล้ว

      Big stonks

  • @investinstyle-financeinves1181
    @investinstyle-financeinves1181 3 ปีที่แล้ว +216

    It's easy to believe that just because you're somewhat famous, you can spend like you're rich. Some people forget that your paycheck, savings, and investments are the ultimate determinant of the lifestyle that you can have.

    • @philipmeisterl
      @philipmeisterl 3 ปีที่แล้ว +4

      Often the problem (in sports not especially ufc) that the people think they will always get more money and will always be better and they also live a lifestyle thats priced with the money they make now and dont think about their retirement in football (soccer) you can maybe make it to 35 in the ufc you start later but can go till you are maybe 40 but that means you have if you are lucky 15 years of work and then you have to be set for life and people dont think about that

  • @manmadeaids
    @manmadeaids 3 ปีที่แล้ว +86

    Dana White follows the Vince McMahon model for his business.

    • @jonaslafleur2429
      @jonaslafleur2429 3 ปีที่แล้ว +10

      Vince is Dana's idol

    • @manmadeaids
      @manmadeaids 3 ปีที่แล้ว +3

      @@jonaslafleur2429 Real tawk pimp

    • @aayushmanpradhan4951
      @aayushmanpradhan4951 3 ปีที่แล้ว +10

      At least Vince pays more than Dana

    • @manmadeaids
      @manmadeaids 3 ปีที่แล้ว +2

      @@aayushmanpradhan4951 true

    • @milesdvd
      @milesdvd 4 หลายเดือนก่อน

      They are same person i hope dana ends up the same way.. asshole man genuinely

  • @cffmailbox
    @cffmailbox 3 ปีที่แล้ว +110

    Tyrone bought 7 cars what a genius

    • @gamejunkie6519
      @gamejunkie6519 3 ปีที่แล้ว +4

      lol

    • @dutchdna
      @dutchdna 3 ปีที่แล้ว +14

      They didn't come from money and have no concept of it plus they don't think very far ahead. Tyrone comes across as a generally intelligent guy but I bet math wasn't his thing.

    • @MsCwebb
      @MsCwebb 3 ปีที่แล้ว +16

      @@dutchdna Tyron Woodley comes across as anything but an intelligent guy lol

    • @dutchdna
      @dutchdna 3 ปีที่แล้ว +2

      @@MsCwebb Just because you don't understand him doesn't mean he's not intelligent ;)

    • @MsCwebb
      @MsCwebb 3 ปีที่แล้ว +12

      @@dutchdna Just because you understand him doesn't make him intelligent 🤪👍

  • @theofficialrecojefferson
    @theofficialrecojefferson 3 ปีที่แล้ว +45

    Tyron is a good friend of mine and he doesn't lie when he talks about this stuff!

    • @vinodsamala8592
      @vinodsamala8592 3 ปีที่แล้ว

      Hope to see him fight in bare knuckle FC soon...🙏

    • @davelovesshoes9051
      @davelovesshoes9051 3 ปีที่แล้ว +6

      Why did you let him rap I thought you said friends

    • @Ban00
      @Ban00 2 ปีที่แล้ว

      @Henzo88 2 million he made

  • @fomofreddy7306
    @fomofreddy7306 3 ปีที่แล้ว +5

    Been saying this for years, history will show that Dana White was a horrible human.

  • @mstr293
    @mstr293 3 ปีที่แล้ว +13

    This is common with boxers too. I'm an aspiring pro MMA fighter myself, but I've never even heard nor cared about financial independence until I'm 25. Believe me, most athletes have a dream of becoming the greatest in their respective sport, but topics like these almost never come in mind (no Plan B). Once they get their paycheck, they want to reward themselves with lavish lifestyle after months of gruesome training. Can you blame them, though?

    • @mstr293
      @mstr293 3 ปีที่แล้ว +3

      With the money they're making now, despite making far less than boxers, they still have potential to make it grow much more if only they knew how to manage their money and invest. This is gonna be my message ONCE I BECOME UFC CHAMP!

    • @mstr293
      @mstr293 3 ปีที่แล้ว +2

      I can already do it right now with my minimum wage job, I can do more with $130K per annum.

    • @BenT800
      @BenT800 6 หลายเดือนก่อน

      I'm 15 and aspire you become a MMA fighter and I hope the next UFC president is more generous.

  • @NihilisticHatred
    @NihilisticHatred 3 ปีที่แล้ว +36

    Yea the UFC is a ripoff as far as fighter pay.

    • @gidd
      @gidd 3 ปีที่แล้ว

      I guess it's cause they're contracted for each fight and not a time period like literally every other sport

  • @ixxirecords26
    @ixxirecords26 3 ปีที่แล้ว +56

    Who would of thought modern day gladiators would get treated poorly by their higher-ups?
    Great work researching this one, learned a lot.

  • @TapOutCorner
    @TapOutCorner 2 ปีที่แล้ว +45

    Awesome video and great insight! I would love to see you tackle WWE wrestlers and how being independent contractors affect their earnings.

  • @dantheman4838
    @dantheman4838 3 ปีที่แล้ว +58

    They need to change the company to The UFP:
    The Ultimate fighting plantation.

    • @SamBrickell
      @SamBrickell 3 ปีที่แล้ว +2

      The comparison of ANYTHING current to democrats before the Civil War literally enslaving people is fucking disgusting.

    • @dantheman4838
      @dantheman4838 3 ปีที่แล้ว +2

      @@SamBrickell Americans* before the war

    • @lequack7399
      @lequack7399 3 ปีที่แล้ว

      This.

    • @nonyabiznizz
      @nonyabiznizz 2 ปีที่แล้ว

      @@dantheman4838 Americans* (except Republicans) before the war

    • @dantheman4838
      @dantheman4838 2 ปีที่แล้ว

      @@nonyabiznizz Very true. The Republican party was founded 10 years before the war started and they wanted to end slavery so they could deport all the slaves instead...lol.

  • @alicapwn
    @alicapwn 3 ปีที่แล้ว +36

    I've never heard the mafia and commisioner angles mentioned before, great research!

    • @Pedro-lg9wz
      @Pedro-lg9wz 3 ปีที่แล้ว +6

      Me neither but is not surprising, Nate Diaz said it in one interview it was something in the lines of "those guys are gansters, right there"..

  • @NoleNoleNoleJole
    @NoleNoleNoleJole 3 ปีที่แล้ว +5

    I always love your take on these kind of athlete related things !

  • @CliffordStarks1
    @CliffordStarks1 3 ปีที่แล้ว +11

    Great video Spencer! Live and learn experience indeed. Ever since retiring I am going through my Entrepreneurial journey now👍

  • @BaKimura03
    @BaKimura03 3 ปีที่แล้ว +69

    They take their paychecks as contractors. As opposed to getting an llc

    • @SpencerCornelia
      @SpencerCornelia  3 ปีที่แล้ว +33

      Yea. Allows them to deduct expenses at least

    • @BaKimura03
      @BaKimura03 3 ปีที่แล้ว +12

      @@SpencerCornelia man, they need to watch this channel. The tax man is always getting paid first. Lol

  • @TuleeMaster
    @TuleeMaster 3 ปีที่แล้ว +48

    Let’s not forget the fact that Zuffa stopped fighters from attempting to create a union for MMA fighters.

    • @shooter7734
      @shooter7734 3 ปีที่แล้ว +3

      I wonder how many of their casino employees are unionized

    • @ryand589
      @ryand589 3 ปีที่แล้ว +1

      Yeah no shit no employer wants a unionized workforce you say this like it's some taboo thing. Look at Bezos saying that diversity is needed for his work force because it discourages Union building

    • @nonameinsouthafrica3315
      @nonameinsouthafrica3315 3 ปีที่แล้ว

      @@ryand589 just because he said it doesn't make it correct.

  • @reggiefurlow1
    @reggiefurlow1 3 ปีที่แล้ว +177

    You should do why military personal go broke. It’s funny and sad

    • @jumhed994
      @jumhed994 3 ปีที่แล้ว +69

      Because their wives leave them, take the kids and accuse them of violence?

    • @PhillipCummingsUSA
      @PhillipCummingsUSA 3 ปีที่แล้ว +17

      It's not that funny.

    • @reggiefurlow1
      @reggiefurlow1 3 ปีที่แล้ว +64

      Let me add I'm a combat veteran before one of y'all start crying ok

    • @gingy30
      @gingy30 3 ปีที่แล้ว +13

      Good on you for bringing this up. It needs to be talked about more.

    • @MrCaptainTea
      @MrCaptainTea 3 ปีที่แล้ว +18

      Nothing funny about it , kid . Lost my wife n kids in 09 , iraq marine vet who been battling addiction and depression since..

  • @ivanvillalobos7734
    @ivanvillalobos7734 3 ปีที่แล้ว +4

    I like how you are objective, fair, and think critically.
    Great video, bro

  • @MeshTheSnake
    @MeshTheSnake 3 ปีที่แล้ว +2

    Dope video, I had just watched my first UFC event this past weekend too.

  • @TuTataElDaddy
    @TuTataElDaddy 3 ปีที่แล้ว +1

    I love how Spencer goes into deep dives no matter the topic!

  • @matthiastrades248
    @matthiastrades248 3 ปีที่แล้ว +94

    I'm a simple man. When I see a "... Go Broke" video, I watch. Simple as that.

    • @anti-brainwashing6135
      @anti-brainwashing6135 3 ปีที่แล้ว

      ahahahahahahahhahahaha I legit laucheddddddddd......................Broke

  • @sageofrage7261
    @sageofrage7261 3 ปีที่แล้ว +49

    This is why combat sports in general is a promoters’ game and not an athletes’ sport

    • @D1Snr
      @D1Snr 3 ปีที่แล้ว

      Good point

    • @EnduroDreaming
      @EnduroDreaming 3 ปีที่แล้ว +9

      Boxers have the ability to get a higher percentage of the revenue than UFC fighters though. That’s because it’s not just one organization monopolizing boxing like the UFC has basically done to MMA.

    • @thenedsmmachannel8970
      @thenedsmmachannel8970 3 ปีที่แล้ว

      @@EnduroDreaming yeah but its only the big stars. Trevor Bryan is the Regular WBA champion yet he's not making millions.

    • @micahjohnsonboxing6409
      @micahjohnsonboxing6409 3 ปีที่แล้ว

      @@thenedsmmachannel8970 even a guy like Bryan will likely get life changing money soon.

    • @thenedsmmachannel8970
      @thenedsmmachannel8970 3 ปีที่แล้ว

      @@micahjohnsonboxing6409 but its not likely. He may never see a million dollar payday. Boxing is just as bad if not worse since the promoters probably take a MASSIVE cut and the politics involved on YEARS of delay in negotiating for the "big fights" almost never materialize cause of the greed of these promoters/managers.

  • @Flamma-theSyrian
    @Flamma-theSyrian 3 ปีที่แล้ว

    Amazing work, thank you for shedding some light on this subject.

  • @kingDrAgOnZoRdS
    @kingDrAgOnZoRdS 3 ปีที่แล้ว +76

    Floyd blessed connor

    • @bradolfpittler2875
      @bradolfpittler2875 3 ปีที่แล้ว +11

      Connor blessed boxing

    • @blueflame3531
      @blueflame3531 3 ปีที่แล้ว +16

      @@qj7958 Conor sold that fight. He was the perfect promoter for the hype and forced Floyd to sign for his Biggest pay day, both parties benefitted from that fight.

    • @blueflame3531
      @blueflame3531 3 ปีที่แล้ว +2

      @@qj7958 Conor talks himself in big fights. He promoted that fight well while Floyd collected an easy payday. As much as I depsite McGregor, I got to give him credit for tuning in anyway.

    • @Marc-Anthony00
      @Marc-Anthony00 3 ปีที่แล้ว +1

      @@bradolfpittler2875 Connor can’t box it was embarrassing.

    • @bradolfpittler2875
      @bradolfpittler2875 3 ปีที่แล้ว +5

      @@Marc-Anthony00 at least he had the balls to face Floyd in his own game.
      Floyd on the other hand wouldn't even dare to fight in mma. he was even too afraid to try kick boxing... which was way more embarrassing.

  • @pause1644
    @pause1644 3 ปีที่แล้ว +20

    Tyron letting ppl know thats why he's fighting way past his prime.

    • @Ban00
      @Ban00 2 ปีที่แล้ว +2

      He made 2m from the jake paul fight; smart man

  • @jeffreynapisa331
    @jeffreynapisa331 3 ปีที่แล้ว +20

    50,000 bonus uncle Sam gets 15k, the rest is to spend and save smart....always live within your means....knowing that it can end in the blink of an eye.

    • @Pedro-lg9wz
      @Pedro-lg9wz 3 ปีที่แล้ว

      Most fighters lack the knowledge, education or the right mindset, and when they see some money its time to burn it as if theres no tommorrow, at least, UFC should get them a 401k plan for retirement, more so if they hold their contracts for forever just like GSP that was unable to fight Dela hoya.....

    • @burnaby604
      @burnaby604 3 ปีที่แล้ว

      I make more money then that and I don’t get my face beat in

    • @jeffreynapisa331
      @jeffreynapisa331 3 ปีที่แล้ว

      @@burnaby604 that's a good thing, alot of these men and women dont have great educations or come from affluent backgrounds and some are super smart and some do come from families well off...all about choice....some run businesses....but we all don't have luxuries of the sort....some have to train and go to a regular job to make it....for sure everyone's life is different, different circumstances.

  • @blackbuckcreations2064
    @blackbuckcreations2064 3 ปีที่แล้ว +1

    Liked how you gave a realistic depiction of the life when one is trying to get into UFC ,you should do this for all professions and make a series out of it will help me in deciding what career to go for

  • @hrithikmta491
    @hrithikmta491 3 ปีที่แล้ว

    Amazing Video, Thanks for covering interesting topics such as this !

  • @1983jcheat
    @1983jcheat 3 ปีที่แล้ว +5

    Same in Showbiz= 20% for the agent, 10% for a lawyer, 10% for stylists and 40% goes to the tax man. The last 20% is to pay the home bills, trainer and transportation. I was taught by the guy who taught Dave Chappelle the biz. He said if you don't put your foot down the friends, family and broads will bankrupt you.

  • @quan243
    @quan243 3 ปีที่แล้ว +5

    I love this channel bro you always cover my interest! Next time you come to the Cincy area I got you!😂💯🔥

  • @Wakaflakawsome
    @Wakaflakawsome 3 ปีที่แล้ว

    Hey spencer, Great video and thank you for updating the subtitles !

  • @CreativeMonsterx
    @CreativeMonsterx 3 ปีที่แล้ว

    Such an awesome video, I'd love a part 2.

  • @rillawhat8142
    @rillawhat8142 3 ปีที่แล้ว +49

    " if you don't have ownership, you're at the mercy of the owners desires"👍🏾

    • @rillawhat8142
      @rillawhat8142 3 ปีที่แล้ว

      @William the real point of that statement was, if you want control over your life, one must put themselves in an ownership position

    • @SamBrickell
      @SamBrickell 3 ปีที่แล้ว +2

      Not really. It's an agreement you made with someone else. You're free to not agree.

    • @MK-yf1wu
      @MK-yf1wu 3 ปีที่แล้ว

      @@SamBrickell good luck when there's monopoly

  • @successwithstacee9290
    @successwithstacee9290 3 ปีที่แล้ว +3

    This was so interesting! My brother's a huge UFC fan so I'm sharing this video with him

    • @SpencerCornelia
      @SpencerCornelia  3 ปีที่แล้ว +1

      Thanks. They make way less on average than I anticipated

  • @Terrorlinez
    @Terrorlinez 2 ปีที่แล้ว

    spencer be the only one to be realistic and only talk facts, appreciate hard work and expose fake people at once. love ya bro

  • @northsouth8884
    @northsouth8884 3 ปีที่แล้ว +117

    “Sign away their money to their wife’s boyfriend.” Lol. Nice red pill for the viewers

    • @SpencerCornelia
      @SpencerCornelia  3 ปีที่แล้ว +36

      Haha. Mix of red pill and wall St bets jokes

    • @marzipan2555
      @marzipan2555 2 ปีที่แล้ว

      @@SpencerCornelia please tell me you're not actually red pill. It's hard for me to feel safe watching you if you're chucking along with dudes who actually hate women.

  • @rackcity5981
    @rackcity5981 3 ปีที่แล้ว +14

    I felt it when ufc took away those sponsorships. Smh

    • @nonameinsouthafrica3315
      @nonameinsouthafrica3315 3 ปีที่แล้ว

      It bacame a problem when Jones relinquished his belt. I am even surprised he still wants to fight.

  • @rubenrodriguez5020
    @rubenrodriguez5020 3 ปีที่แล้ว +1

    Bro,I love this type of videos.

  • @mikewoodman2872
    @mikewoodman2872 3 ปีที่แล้ว

    Excellent video - as always.

  • @ASDDOCS
    @ASDDOCS 3 ปีที่แล้ว +5

    I’m a huge fan of MMA. Love it when you make these types of videos 🍻

  • @AJweathersby
    @AJweathersby 3 ปีที่แล้ว +4

    As a pro kickboxer, I wasn’t aware that most of these high level UFC guys had any money to begin with. I tell everyone who will listen that there’s no money in fighting. This is all just a passion project for 99% of the fighters.

  • @Carlos-ms1yx
    @Carlos-ms1yx 3 ปีที่แล้ว

    great work. love your content

  • @aayushsood7670
    @aayushsood7670 3 ปีที่แล้ว

    This is brilliant!

  • @jordythebassist
    @jordythebassist 3 ปีที่แล้ว +19

    This makes me appreciate my career and home business a hell of a lot; while I don't have the big paydays the fighters get, I receive decent wages for the jobs I work and can do them for decades to come. By retirement my total figure earned will be well above the average UFC fighters and I've built everything modestly rather than gone all in on some crazy expensive house etc etc

  • @YoosufMuneer
    @YoosufMuneer 3 ปีที่แล้ว +6

    Great video as usual, Spencer. I think those numbers include just the disclosed fighter pay. Fighters get ppv points so essentially a share of ppv earnings as well.

    • @SpencerCornelia
      @SpencerCornelia  3 ปีที่แล้ว +4

      Yes I should have added that. But point still remains since my example fighter is someone earning $500k a fight. I'd estimate most aren't earning that

    • @seakidyadig9357
      @seakidyadig9357 2 ปีที่แล้ว +1

      Only the biggest stars get PPV shares

  • @harshckuk
    @harshckuk 3 ปีที่แล้ว

    Good job man, this was an eye opener

  • @lewisreeves9843
    @lewisreeves9843 3 ปีที่แล้ว

    awesome video man !

  • @MoneyOnlineSimple
    @MoneyOnlineSimple 3 ปีที่แล้ว +58

    I feel for these guys. They put their health on the line to entertain people and then they are kind of just thrown away at a really young age when they start to decline in talent. A lot of them get in really young and don't really fully understand what they are getting themselves into. :)

    • @learn1718
      @learn1718 3 ปีที่แล้ว +4

      The capitalist world is tough 🤣

    • @MoneyOnlineSimple
      @MoneyOnlineSimple 3 ปีที่แล้ว +1

      @@learn1718 Indeed! Have a good one Lo. :)

    • @adeosinowo3197
      @adeosinowo3197 3 ปีที่แล้ว +2

      This is the Capitalist business Model 101. Certain fighters with a bit of Savy knew to steer clear of the UFC, like Fedor, Michael J-White etc. They may turn a blind eye to steriods in Japan but at least they recoqnize the damage to the human condition & properly compensate their fighters, Bellator also.

  • @michaelknight5589
    @michaelknight5589 3 ปีที่แล้ว +5

    At 12:20... "My buddy Kenny pointed something out to me though..." cheers to Kenny for the insight, my mind is blown.

  • @kyleparnell7317
    @kyleparnell7317 3 ปีที่แล้ว

    Love all your vids with athletes. Hoping for more.

  • @antinewtypenewtypeclub3428
    @antinewtypenewtypeclub3428 2 ปีที่แล้ว

    im a new fan and I gotta say your intro for the UFC was great!

  • @mwilson7008
    @mwilson7008 3 ปีที่แล้ว +5

    That's exactly why I'm joined the military got my bachelors as a financial analyst saved a ton of money and invested early now I can train all the time and work towards going pro

  • @pondsy7543
    @pondsy7543 3 ปีที่แล้ว +4

    Another great video bro but I got to say this. You got to catch yourself when you say things like a fighter makes X amount for “one night of work”. Anyone who performs on a stage at a high level has put in countless hours behind the scenes that no one ever sees or seems to count on their way to becoming an overnight success.

  • @guym458
    @guym458 3 ปีที่แล้ว

    Great video as always!

  • @hartmanmadu6017
    @hartmanmadu6017 3 ปีที่แล้ว

    Very informative video. Thank you for your insight!!!

  • @sourishsaha8067
    @sourishsaha8067 3 ปีที่แล้ว +23

    UFC and MMA is still in infancy and if all things go right would be much more popular. It needs to bring in more revenue

    • @Michael-pd6bc
      @Michael-pd6bc 3 ปีที่แล้ว

      How tf are they supposed to do that when every event they do is a banger

    • @nonameinsouthafrica3315
      @nonameinsouthafrica3315 3 ปีที่แล้ว +3

      The problem is not whether UFC is making money or not. The problem is pay structure. Most of the money doesn't go to fighters, that's what must change.

    • @nonameinsouthafrica3315
      @nonameinsouthafrica3315 3 ปีที่แล้ว

      John Jones is just the begging of the problems for UFC and no matter how hard they try it's a red flag. They should just fix this of UFC as a company will fall.

    • @michaellhoover94
      @michaellhoover94 3 ปีที่แล้ว +3

      I really don't think you can say it is in its infancy. if you go look at the top PPV buys, one thing you will find is it is filled with UFC events. Dana was trashing Jones for asking Deontay Wilder money. meanwhile, Jones outsells Wilder on average. MMA is huge and unless fighters start to organize it getting bigger is not going to make their situation much better.

  • @ZyperSide
    @ZyperSide 3 ปีที่แล้ว +11

    You reached out to Myles Jury?! I love this channel so much.

    • @SpencerCornelia
      @SpencerCornelia  3 ปีที่แล้ว +2

      I did not. Grabbed it from an article online. Didn't realize he had a TH-cam channel or content. Seeing comments about him

    • @yaakw
      @yaakw 3 ปีที่แล้ว

      Miles did a reveal of his expenses a while back.

  • @Bobandyandy
    @Bobandyandy 3 ปีที่แล้ว

    amazing thanks for this

  • @ronrocha316
    @ronrocha316 3 ปีที่แล้ว

    Great video!

  • @jarrettyew
    @jarrettyew 3 ปีที่แล้ว +3

    Oh wow, how the story came through is never a rag to riches story to begin with. Nice one Spencer.

  • @kevink8851
    @kevink8851 3 ปีที่แล้ว +13

    Thanks for the great insight. Just to comment on my area of expertise, the fighers won't be taxed at the gross level. All the management fees/gym costs/medical expenses etc. are tax deductible so their taxable income will be a lot lower. Nonetheless, it's unfortunate only handful of fighters get paid big money and many of them go broke.

  • @startingtech3900
    @startingtech3900 3 ปีที่แล้ว

    alot of good info spence. your starting to become a great youtuber

  • @alexhayden7599
    @alexhayden7599 3 ปีที่แล้ว +2

    wow man just another awesome video. I never realize how many expenses fighters had. imagine how much less WWE stars make.

  • @jr5296
    @jr5296 3 ปีที่แล้ว +16

    posted this on sherdog. you deserve more views

  • @Taabituubi
    @Taabituubi 3 ปีที่แล้ว +14

    To quote a revered financial advisor Michael Smith:
    Don't blow it.
    Keep it simple.
    Count your money.

  • @JorgeSeguraArt
    @JorgeSeguraArt 2 ปีที่แล้ว

    dude youre a sick youtuber man your content is awesome one of my new favorites

  • @mduduzinkomo9444
    @mduduzinkomo9444 3 ปีที่แล้ว +2

    Thank you for this video
    I'm an aspiring fighter and this video is going to help a lot of people including myself

  • @HipHopJournal
    @HipHopJournal 3 ปีที่แล้ว +5

    Mad respect for the amount of research that has gone into making this video. So articulately put! I hope UFC fighters who are rising to the top come across this video and mkfers start learning about investments.

  • @ThePathGuarded
    @ThePathGuarded 3 ปีที่แล้ว +8

    Man I knew they made less than boxers but when you explain this way it's basically nothing

    • @kylemcmurtry385
      @kylemcmurtry385 3 ปีที่แล้ว +3

      That's not true. There is no middle class in boxing.

    • @henrylicious
      @henrylicious 3 ปีที่แล้ว +1

      @@kylemcmurtry385 Exactly. Club level pros make next to nothing.

  • @dickgrayson4325
    @dickgrayson4325 2 ปีที่แล้ว

    I love how you connect dots. Especially, when you call out corruption.

  • @lionface1364
    @lionface1364 2 ปีที่แล้ว

    I love these videos

  • @OkuhleNtshweni
    @OkuhleNtshweni 3 ปีที่แล้ว +91

    Since all of you are first, I'll be second. Shout out from South Africa

  • @jesse_sweed
    @jesse_sweed 3 ปีที่แล้ว +12

    The last 30 seconds or so was eye-opening for me, and I consider myself a pretty big fan of the sport.

  • @paulbracewell4915
    @paulbracewell4915 2 ปีที่แล้ว

    Great video

  • @mariavienna1305
    @mariavienna1305 3 ปีที่แล้ว

    Great Work 👍 you’re a real journalist

  • @thegoat5587
    @thegoat5587 3 ปีที่แล้ว +13

    As someone who aspire to become a ufc champ and also understand how stocks and franchise work , i will never ever go broke if i make millions from ufc bouts !

    • @theeternalgus9119
      @theeternalgus9119 3 ปีที่แล้ว +3

      Good luck on achieving your goals! 🙂

    • @thegoat5587
      @thegoat5587 3 ปีที่แล้ว +3

      @@theeternalgus9119 thank you and good luck too !

  • @Cub__
    @Cub__ 3 ปีที่แล้ว +11

    I really appreciate all your videos I've learned so much about the reality of things if you get caught up in the flash and glamor and as an upcoming fighter myself it's absolutely crucial for me to put a large amount of money into investments. Cheers 💪🔥

  • @MrGoodCompany
    @MrGoodCompany 3 ปีที่แล้ว

    Amazing video.

  • @maxwellhomeinspections3666
    @maxwellhomeinspections3666 3 ปีที่แล้ว +1

    Good video!

  • @hillo7740
    @hillo7740 3 ปีที่แล้ว +4

    A major issue I feel isn’t discussed in this video is that having lower salaries has allowed the Ufc to hire more fighters. The nba makes potentially 20 times what the Ufc makes in revenue every year. 50 percent of profits are mandated to be paid out to players. Yet there are only 529 players in the league compared to the Ufc’s 724, Bellator also has 100+ fighters, one championship has 100+ fighters. Unions in the nba are terrific for current owners and current players. They create huge barriers to entry for competition( who’s gonna set up a business when 50% of profits is legally obligated to players), they also create a huge windfall for the athletes(who still go broke because the issue is financial literacy not that they’re not paid enough). They also make it virtually impossible for the average person to get paid to play the sport.
    Like consider there are no unions in soccer. There are roughly 4.2 million professional soccer players vs 529 nba players. All because the top leagues aren’t heavily regulated by union mandates. The UFCs business model is created for expansion. As the owners make money the reinvest into the company and grow it faster.

    • @DirtReynolds34
      @DirtReynolds34 3 ปีที่แล้ว

      I’m pretty sure soccer does have unions, like there’s the Professional Footballers Association in England, FIFApro globally, and there’s one for MLS in the states.
      And the NBA make about 10x what the UFC does when looking at the 2019 revenues for both, which is still a big difference so I don’t think the UFC could necessarily pay their fighters the same as NBA players, but unions would make it so that fighters could negotiate better contracts than what they have now or keep sponsors for themselves instead of only taking what Dana White gives them. Like a union could’ve stood up for fighters during the Reebok deal which hurt the vast majority of fighters. In addition I don’t think unions would hurt the UFC’s bottom line that much, if at all, considering they are the biggest promotion of the fastest growing sport.
      Also in terms of hiring more fighters I also don’t think that’d be a problem since a lot of people were competing in MMA and the UFC back in the day when there was almost no money to be made for even the top guys , meaning there will always be people, and a lot of them, willing to become UFC fighters to do what the love.

    • @hillo7740
      @hillo7740 3 ปีที่แล้ว +1

      @@DirtReynolds34 you’ve missed a fair bit of my point here, the MLS has a very strong union like most American sports because there’s no promotion/relegation in the sport. Creating a huge windfall for the players and owners. That’s also the reason the MLS sucks!
      The whole point of the Reebok deal was to bolster the UFC’s public image like in any sport. No other sport league allowed their athletes to wear their own sponsors including the nba and mls!
      If you want your own sponsors, Bellator is a perfectly acceptable option. Hiring more fighters would inherently be a problem! Because as in the other leagues, the owners realise the more they hire, the less profit overall they’re entitled to!

    • @TheMagnificentMongoSlade
      @TheMagnificentMongoSlade 2 ปีที่แล้ว

      Unions are a corrupting force in business, and, as you stated, limit competition.
      There's only ONE NBA, NFL, MLB, NHL for a reason: union costs.
      Look at the auto industry. Its rife with corruption from labor unions and the auto industry has been dying on a vine for decades because of it.
      Costs have skyrocketed and its affected production and demand. This is why auto companies routinely have to be bailed out.
      Unions would shrink the sport of MMA by keeping out many who wish to pursue the dream and killing promotions that can't afford the increased production costs.
      This video essentially states that medicore MMA fighters make medicore money, which seems commiserate with their skill level. Its the same in every endeavor.
      Boxing seems to do really well without unions.

  • @TheGrreatDane
    @TheGrreatDane 3 ปีที่แล้ว +19

    Let’s be real for a moment, Zuffa is connected to the Italian Mob.

    • @shooter7734
      @shooter7734 3 ปีที่แล้ว +8

      The Fertitta brothers family is a multi generational mafia family so that's par for the course.

    • @TheGrreatDane
      @TheGrreatDane 3 ปีที่แล้ว +5

      @@shooter7734 Absolutely

    • @micahjohnsonboxing6409
      @micahjohnsonboxing6409 3 ปีที่แล้ว +1

      It was but isn't anymore.

    • @theguywhocomprehends8814
      @theguywhocomprehends8814 3 ปีที่แล้ว

      Combat sports in general is filled to the brim with mafia links... From pride to UFC to kickboxing. Boxing is completely infest by it, that it's not even a shocker.

    • @TheGrreatDane
      @TheGrreatDane 3 ปีที่แล้ว

      ​@@theguywhocomprehends8814 I agree with you. The point I was making is that these sucess stories aren't always what is seems to be, once you dig a little deeper.

  • @ChrisLee-xq9le
    @ChrisLee-xq9le 3 ปีที่แล้ว

    Great video, and great ufc card last Saturday

  • @ejay4032
    @ejay4032 3 ปีที่แล้ว

    This video earned you a follow. Keep it up

  • @davidgibson7179
    @davidgibson7179 3 ปีที่แล้ว +36

    Nice video, very engaging from beginning to end. Nevertheless, I'll like to say this here. The poor mindset immediately sees a surplus as an opportunity for consumption, but the rich mindset seek to spend their time, resources, and energy on work that continues to pay off the effort that has been invested.

    • @carmelgibson6213
      @carmelgibson6213 3 ปีที่แล้ว +1

      Invest in gold, cryptocurrency, silver buy stocks and commodities, Forex, real estate. Just invest and save yourself!

    • @silviagreenwood8073
      @silviagreenwood8073 3 ปีที่แล้ว

      Facts!!

    • @pamelaferguson9694
      @pamelaferguson9694 3 ปีที่แล้ว

      I mean I see your point. Some people have money and are willing to invest. But the problem is where to.

    • @jamesharrison6569
      @jamesharrison6569 3 ปีที่แล้ว

      Hey, this is 2021, people who aren't even traders make money from the financial trade market.

    • @jamesharrison6569
      @jamesharrison6569 3 ปีที่แล้ว

      And moreover there are already financial analysts and trading experts (PhDs) who have shelled out theories and ideas for years on how bitcoin crypto technically grows.

  • @ruipedro4337
    @ruipedro4337 3 ปีที่แล้ว +3

    Being from Portugal, everyone talks about Cristiano Ronaldo's huge piles of money, the salary, prize awards, sponsorships. Good to see someone mentioning the little guys, the ones who don't blow up all the charts, the ones who have to scrap by. Abd this is not to diss CR, it's very clear he worked a fucking lot to get to where he is, but getting perspective about Money, as Spencer is always doing, is one of the biggest lessons one can get

  • @GoGoZebras
    @GoGoZebras 3 ปีที่แล้ว

    Super informative video. Subbed.

  • @Dantekairen
    @Dantekairen 3 ปีที่แล้ว

    WOW a massive UFC fan here and damn what an insight!!!!

  • @conormctapoutaka0-1aka0tit5
    @conormctapoutaka0-1aka0tit5 3 ปีที่แล้ว +3

    If I remmeber correctly the UFC pays something like 18% of their total revenue to the fingers while other leagues like the NBA pay something like 46%.
    Fighters are getting ripped off and it's hard for them to unionize because if a fighter holds out then another fighter steps up (usually for less money).

    • @MiamiManiac
      @MiamiManiac 3 ปีที่แล้ว

      NBA players are employees and UFC fighters are independent contractors. That's one main difference. Also, NBA is a league not a promotion.