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#152 | |
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Belt holder
ESB Addict
Join Date: Apr 2012
Posts: 3,695
vCash: 500 |
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#153 | |
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Belt holder
ESB Addict
Join Date: Apr 2012
Posts: 3,695
vCash: 500 |
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#154 | |
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Contender
ESB Senior Member
Join Date: Jun 2012
Posts: 549
vCash: 500 |
Quote:
Folks learn to read the contract and dont be afraid to ask questions if you dont understand something that is your right. |
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#157 |
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Contender
ESB Senior Member
Join Date: Jun 2012
Posts: 549
vCash: 500 |
You sold one to me, let me ask you do MMA guys have somebody that oversees the biz side of things? This local promoter I know here told me he was writing checks for $100, $200 I couldn't believe it. If anybody wants to know what boxing was like in the good old bad days. The trick here is to have amateur MMA matches on where the promoter keeps it all. Chuck Lidell was going to make $500,000 if he won a match which he lost his purse I believe was 200,000. It was a PPV, in a major venue. The promoter made about 5 million.
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#158 | |
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Anonymous
Join Date: Oct 2012
Posts: 43
vCash: 500 |
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#159 |
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Contender
ESB Senior Member
Join Date: Jun 2012
Posts: 549
vCash: 500 |
It depends on who is fighting and what deal they make. The big promoters negotiate terms with the fighter based on what they think they will be pulling in. Paciquao or a Mayweather get a huge guarantee, based on all the revenue sources. A ballpark figure would be an 80-20% split of all revenue, which includes merchandising, TV, ticket sales and site fees. In the states the promoters are obligated by law to give the fighters these figures. I dont know about the UK and Europe. Some small promoters usually take as much as they can. Pac and his former promoter Murad Muhammad are a good example. Murad was given a budget of 750,000 for Pac to fight Barrera, Murad then offered Pac 300,000, Pac not knowing any better accepted. Murad got 450,000 for basically delivering Pac, cos Goldenboy did the show, and took care of Barrera's purse. Murad just sat back and collected his from HBO. When the heat from this hit the fan, Murad coughed up another 50,000 as a bonus to Pac, nice guy huh!
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#160 |
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Journeyman
ESB Jr Member
Join Date: Dec 2012
Posts: 176
vCash: 500 |
Thanks for your business. Leave a review when you are done reading!
I wrote about the type of people who become managers in the MMA world. There is shitloads of mismanagement by people with no business knowledge, or lacking the balls to push back in a negotiation. Organized crime also attacks the one smart manager who decided to promote his own shows (thus cutting his fighters in for WAY more money). MMA is in a pretty bad place, and even the best guys are lucky if their manager isn't stealing from them. |
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#163 |
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Journeyman
ESB Jr Member
Join Date: Dec 2012
Posts: 176
vCash: 500 |
There are a couple other orgs. But they do not have PPV. PPV, live gate and merchandise is all higher in the UFC. Even the contenders fighting for $20,000 or $50,000 dream of getting PPV points.
They are all strung along with the idea of WINNING the title, then getting those points. But they still have to be draws to get the points, therefore, they are paying their own salaries, period. Any manager who pushes back can be blackballed, as has happened a few times to different managers. Think about it-- its a monopoly. When Gary Shaw got in the game, with MMA promotion Elite XC, it was perceived as a threat (because it had Showtime/CBS's backing). But usually the competition dies quickly due to incompetence or stupidity, take your pick. |
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#164 | |
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Contender
ESB Senior Member
Join Date: Jun 2012
Posts: 549
vCash: 500 |
Quote:
On the PPV it's the same in boxing, I dont know how specific it's in MMA in boxing it's X dollars on PPV buys over a certain amount. |
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#165 | |
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Contender
ESB Senior Member
Join Date: Jun 2012
Posts: 549
vCash: 500 |
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