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Thread: Lorenzo Fertitta: The UFC Has Made 70 Millionaires

  1. #1
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    Default Lorenzo Fertitta: The UFC Has Made 70 Millionaires

    Lorenzo Fertitta: The UFC Has Made 70 Millionaires MMA News | Mixed Martial Arts | UFC News | BJPenn | MMA Fight | UFC Fights

    We’ve created, literally, nearly 70 millionaires since we took this thing over, and some of them multimillionaires.” That is what UFC owner Lorenzo Fertitta claims the promotion has accomplished in the combat sports world since UFC parent company Zuffa LLC acquired the show over a decade ago at the turn of the millennia.

    Both Lorenza Fertitta and UFC president Dana White recently sat down with The Bleacher Report for an in-depth interview fighter contracts. This has always been a hot topic due to the UFC’s tight-lipped contract policy, and the vast income gap between MMA fighters and other mainstream athletes like Tom Brady and Floyd Mayweather. Fertitta told the B/R, “People want to compare us to other sports, and in some sense that’s fair to do.”

    “There are a number of things that are unique to our business,” Fertitta stated. “First and foremost, we absorb 100 percent of all production and marketing costs associated with the event. The NFL gets a license fee from FOX. Even boxing gets a licensing fee from HBO. Those media entities then roll in and operate the entire production. They do all of the marketing. So those expenses are not borne upon the actual league or entity. In our case, we televise the entire card. There’s over a thousand people who get paychecks when we do these events. It’s a massive, massive undertaking.”

    “In addition to that, we’re building a sport. We’ve had to open up offices in various countries around the world, work to get laws passed in states all over the U.S. and Canada. When you actually take into account those costs that we bear, and other leagues don’t, we actually compare very favorably on an apples-for-apples basis.”

    The UFC has clearly bred some high-earners like Georges St. Pierre who has been reported to make a cool $4-5 million per fight, and others like Anderson Silva and Jon Jones who have gained elite level sponsorship from Nike. Jones Tweeted a picture in weeks past of the entrance to Coca-Cola headquarters, hinting that even more sponsorship money will begin to trickle into the MMA market. As the sport continues to grow and become a household name with the help of FOX Sports, it will only be a matter of time before all fighters begin to make big money.

    Although, since its inception, the UFC has had plenty of complaints regarding fighter pay. UFC Hall of Fame’r Randy Couture for instance, has a history of contract disputes with the UFC and has remained vocally opinionated on the the subject. Couture told the B/R, “It’s hard for me to sit here and bitch and complain about the pay I got when I made more money competing in mixed martial arts than I ever made doing anything else. Does it irk me that Floyd Mayweather can fight one time and make $40 million? Well, that’s more than I made in my career. Yeah, that bothers me.”

    “The biggest issue is between what the promoter’s making from all the pay-per-views and everything else versus how much all the fighters who fought in that single year made. That number maybe needs to shift a little bit.”

    While we all know fighters are making much more than what they were when Randy first stepped inside the octagon, while Zuffa continues to build the UFC fighter salaries will gradually reach a level where everyone is happy. Dana White told the B/R, “We don’t give out numbers. We don’t say how much fighters get paid or what the company is making. It’s something that we don’t do and it drives people crazy.”

    “When Randy Couture says that’s more than he made in his entire career, Randy Couture’s career was in the dark ages,” said Dana. “He was on the first season of The Ultimate Fighter when that thing first started to take off. The money that’s in this sport now, compared to when Randy Couture was here, is night and day.”
    And if you want beef, then bring the ruckus

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    You're welcome
    Quote Originally Posted by Sick_Lunatic View Post
    I've always liked strudel.



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    When you're down.... you're down 4-Life


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    I find it hilarious that Randy Couture, being a fighter, would bitch about Floyd making $40 million fights, when there are countless other boxers who don't make anywhere near that, dont bitch about it lol.

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    i wonder how many fighters that the ufc has had so then i could see the percentage. it's not like a million is really that much money these days anyways. a lot of no name boxers made good money. mickey rourke made his first mill boxing in the 80's..


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    sakrua= :'(
    Quote Originally Posted by Sakara=Excitement View Post


    Absolutely dumbest comment of the day.

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    Quote Originally Posted by Sakara=Excitement View Post


    Absolutely dumbest comment of the day.
    Considering that most mma fighters only work the job until their mid-late 30's, sure it is a good amount of money, but it's not like they are rich.



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    And 5 of them were fighters. Lol.

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    Need to look at it as money in and what percentages go were,
    but the UFC is closed lipped [for good reason]
    Randy may of made more percentage wise than say Jones does today, all speculated on my part though. Yes I like to see the fighters pay get better, but don't want affliction pay were one bad event there gone either. Also this sport is in it's infancy stage what did baseball, football, and boxing payout when they were under 20 years old. Also they didn't have to fight to be legal either. Compare Apple to apples as candy bars today are more than I made a hr when a kid.

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