I work in corporate finance, and I'm curious to understand how and how much fighters earn.
I've seen the bonuses which frankly don't look too impressive. Nick Diaz earned 200k, which is of course a significant amount of money. But on the other end of the spectrum Matt Mitrione got a piddling 10k.
These fighters fight 1-3 times a year, and they have to pay for housing and living, but also for training which can't be cheap considering the top guys have a manager, 1-5 trainers/coaches, as many training partners, and it looks like many march around with an army of yes-men, and some even bring an entourage.
200k once or twice a year doesn't sound like it would make anyone wealthy in that environment, let alone for those who are not in the top 5 of their division.
I cringed when Jon Bones bought that fancy car of his; if he's earning this little, he's buying it on credit, and that'll go down south quickly if he gets beaten (discussion for another thread).
So who pays for their training camps and partners and how? Does the camp and/or training partners take a % of winnings, and how much, or do the fighters pay out of their pocket per hour or per camp?
What other sources of income do these guys have? I'm guessing sponsorship deals are getting more important, especially with Fox being on board offering much more attractive proposition for advertisers.
I've seen the bonuses which frankly don't look too impressive. Nick Diaz earned 200k, which is of course a significant amount of money. But on the other end of the spectrum Matt Mitrione got a piddling 10k.
These fighters fight 1-3 times a year, and they have to pay for housing and living, but also for training which can't be cheap considering the top guys have a manager, 1-5 trainers/coaches, as many training partners, and it looks like many march around with an army of yes-men, and some even bring an entourage.
200k once or twice a year doesn't sound like it would make anyone wealthy in that environment, let alone for those who are not in the top 5 of their division.
I cringed when Jon Bones bought that fancy car of his; if he's earning this little, he's buying it on credit, and that'll go down south quickly if he gets beaten (discussion for another thread).
So who pays for their training camps and partners and how? Does the camp and/or training partners take a % of winnings, and how much, or do the fighters pay out of their pocket per hour or per camp?
What other sources of income do these guys have? I'm guessing sponsorship deals are getting more important, especially with Fox being on board offering much more attractive proposition for advertisers.