John Cholish on "losing money fighting at UFC on FX 8" - MMA Forum - UFC Forums - UFC Results - MMA Videos
UFC The Ultimate Fighting Championship (UFC) is a U.S.-based mixed martial arts organization, recognized as the largest MMA promotion in the world. The UFC is headquartered in Las Vegas, Nevada and is owned and operated by Zuffa, LLC. This promotion is responsible for solidifying the sport's postion in the history-books. UFC is currently undergoing a remarkable surge in popularity, along with greater mainstream media coverage. UFC programming can now be seen on FOX, FX, and FUEL TV in the United States, as well as in 35 other countries worldwide.

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post #1 of 47 (permalink) Old 05-21-2013, 12:50 AM Thread Starter
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John Cholish on "losing money fighting at UFC on FX 8"

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It was announced ahead of his fight this past weekend at UFC on FX 8 that John Cholish would be retiring from the sport of mixed martial arts. Cholish would lose that fight, a second round guillotine choke submission loss to Gleison Tibau, his second straight loss after making his UFC debut with a TKO of Mitch Clarke.

With a fairly secure future ahead of him thanks to a job at a Wall Street commodities brokerage firm, Cholish was able to speak openly about his decision to retire and the difficulties of making a living being a UFC fighter with MMA Junkie:

"I'm fortunate enough that I have a job that provides for me really well," Cholish said. "I give a lot of these guys credit that fight at this level. I think they could be compensated much better based on the income that the UFC takes in. Fortunately, I can just walk away and I'm OK with it. By no means do I mean it disrespectfully toward any other fighters because I think they do a great job. But hopefully Zuffa and the UFC will start paying them a little better."

....

"At the end of the day, it's hard," he said. "I have great coaches that take time off and travel. They deserve money, as well. To be completely honest, on a fight like this, I'm losing money to come down here. Flights, hotel rooms, food and that doesn't even cover the cost of the time I have to pay for my coaches for training. It's funny because people talk about the fighters, but at the same time there's camps and coaches behind the fighters that you don't even see. So if a fighter is having a tough time making ends meet, how do you think his coaches are doing?"

None of this is really new. Fighters at the lower and even many at the middle levels of the UFC are in an unfortunate spot. They're not making a ton of money to fight -- Cholish made $4,000 to show, $4,000 to win at UFC 140, his only disclosed payday -- but training is expensive and there are limits to how many members of your camp the UFC is willing to fly to an event. So, if you want more than just your trainer at the show, you're going to have to pay to fly them down, and if you want more than the one hotel room for yourself and your team...that's another expense.

That means that fighters need to pull in a good amount of sponsorships to help make ends meet or they can work another job. But working another job means less time to train and less focus, which can mean less ability to put on the impressive performances needed to get that big new contract. Pulling yourself out of the workforce to train full time can also be rough on your future if you're never able to make the kind of money that provides security down the road.

This is why some people get very hung up on the revenue distribution inequality between the UFC and the fighters. That's not to say that the UFC should be paying out the close to 50% of revenue to fighters that we see from the NFL and NBA, but it doesn't seem like a stretch to think that fighters that make it to the biggest stage in the sport be able to fight full time and take home an amount of money that their elite skills would seem to demand.

Still, with no union to represent them, we're not going to fighters ever working together to establish a suitable equivalent of a "league minimum" as in other sports leagues -- and yes, I'm aware that the UFC is a promotion and not a league.
http://www.bloodyelbow.com/2013/5/20...sh-fighter-pay

Really must be hard for these guys to get a solid footing when there is such a huge disparity between the upper and lower tier pay.


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post #2 of 47 (permalink) Old 05-21-2013, 01:04 AM
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Yeah you generally don't make a lot of money when you are not good at your job.

No sympathy on my end.

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post #3 of 47 (permalink) Old 05-21-2013, 01:06 AM
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Quote:
Originally Posted by Roflcopter View Post
Yeah you generally don't make a lot of money when you are not good at your job.

No sympathy on my end.
But you generally dont lose money either...

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post #4 of 47 (permalink) Old 05-21-2013, 01:23 AM
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You do if your expenses are greater than your income. But that's a given. He didn't lose money because he's a low level UFC fighter, he lost money because he spent too much.

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post #5 of 47 (permalink) Old 05-21-2013, 01:36 AM
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...and now he's going to work on Wallstreet?
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post #6 of 47 (permalink) Old 05-21-2013, 02:40 AM
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How many people bought a ticket to watch Cholish? He needs to take a look at a minor league baseball player and his lifestyle and income. Like Cholish,they're in the organization, but they're not playing in the bigs, and they have a pretty shit lifestyle for dick pay, and a very slim chance of ever making it.

"Yeah, well, you know, that's just, like, your opinion, man."
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post #7 of 47 (permalink) Old 05-21-2013, 02:46 AM
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Or CFLers.

When the Rock was playing football the dude literally sprayed down some mattresses a hotel threw out.

Cholish seems to have the problem that he spent outside of his means because at the end of his day he had a stable income on Wall Street, but he doesnt need to pity other fighters.

Other fighters take their career and lifes seriously enough to manage their money until they can fight their way into a comfortable income bracket.

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post #8 of 47 (permalink) Old 05-21-2013, 02:59 AM
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Quote:
Originally Posted by Roflcopter View Post
You do if your expenses are greater than your income. But that's a given. He didn't lose money because he's a low level UFC fighter, he lost money because he spent too much.
Well that goes without saying...


I dont know anyone who spends more on their job then they make.

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post #9 of 47 (permalink) Old 05-21-2013, 03:45 AM
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I'm with Rofl here. You can't really bitch about my your own money management. Cholish is obviously talking as someone with a cushy brokerage job as well as doing mma.

Cholish is at the bottom of the UFC's payscale but still if he fought 3 times a year and only won once he would make $16000 (plus at least the same again in sponsorship) add any locker room bonus and you end up with a salary of just over $40,000 a year... The same as your average firefighter and more than your average cop!

The problem here is the idea that every professional sportsman, regardless of standard deserved to earn the big bucks and that simply isn't true. You want money then be successful!

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post #10 of 47 (permalink) Old 05-21-2013, 03:58 AM
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Originally Posted by edlavis88 View Post
I'm with Rofl here. You can't really bitch about my your own money management. Cholish is obviously talking as someone with a cushy brokerage job as well as doing mma.

Cholish is at the bottom of the UFC's payscale but still if he fought 3 times a year and only won once he would make $16000 (plus at least the same again in sponsorship) add any locker room bonus and you end up with a salary of just over $40,000 a year... The same as your average firefighter and more than your average cop!

The problem here is the idea that every professional sportsman, regardless of standard deserved to earn the big bucks and that simply isn't true. You want money then be successful!
Damn that is horrible.

That is all the UFC would give him for fighting for them for a year??? Yikesss... Scary.

Its one thing being bad at your job and its a whole another giving it 110% and just losing.

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