News * UFC doubled it's profits in 2022. Fighter pay up 26 % since 2005 !

[WHITEBELT JESUS]

NFLPA after reading this thread…

 

[Oscar Madison]

Phil Mickelson’s deal with Saudi-backed LIV is around $200 million
By Ryan Glasspiegel // June 6, 2022 3:59pm // Updated

The Post’s Mark Cannizzaro first reported that Mickelson signed with LIV. Golf Channel’s Brentley Romine cites a source as saying Mickelson reached a deal on Saturday worth in the neighborhood of $200 million.

The 51-year-old golfer ripped the PGA Tour’s “obnoxious greed” for the amount of money the sport governing body siphons off, and does not distribute to golfers.

 

[mudrubble]

My first thought

View attachment 927245

I agree with your avatar (especially from that angle) and I agree with your inflation calculator. I'm an idiot because I did that manually until I got over 26% and saw my point was proven, then I stopped. Funny, I actually estimated it would end up mid thirties. So even an idiot can be right.

 

[mudrubble]

It's actually 26% growth per year for fighter pay

That figure is also misleading. 26% per year growth in pay is pretty good, but that growth is on total fighter pay. The roster is much larger now than 2005. A better measure would be average fighter pay, or median fighter pay. Another good measurement is pay as a percentage of revenue, and as some posters have pointed out, at only 17.5% it's still much lower than other major sports

Ah, that's per year. Didn't realize that. Thanks - this makes a ton more sense now.

 

[mudrubble]

17% revenue sharing. It's somehow going down.

This is funny if true

 

[Mr Fahrenheit]

I am NOT one to moan about fighter pay (anymore) but 26% increase in 17 yrs is a bit laugable. It's not even keeping up with inflation, lol. So fighters are actually being paid less in today's dollars, than in 2005.

Again, I'm not one to complain about another man's pay anymore but this is not a thing to boast about.

Something is off in the calculations, I don’t have the time or the inclination to figure out what it is right now but the math doesn’t look correct

 

[Pious Augustus]

The UFC’s revenues for the 1st Quarter of 2022 were over $1 billion in the Last Twelve Months (April 1st, 2021 through March 31, 2022).

* This is double digit growth from the previous year.

* Fighter pay had increased 26% since 2005.
- Lubin also disclosed that fighter pay had increased 26% CAGR since 2005. Since we also know what total fighter pay was in 2005 — $4.3 million — total fighter pay would have been around $178.8 million last year. That would be just 17.5% of their total revenue.

https://www.bloodyelbow.com/2022/6/...a-year-minimal-costs-and-more-growth-expected

2005 was a small roster compared to today's

 

[meathead125]

This pic says it all. Dana will do everything in his power to devalue and tarnish a fighters name if he/she should demand their fair share.

I stand with Francis Ngannou and my name is meathead125.

I read a public post on Facebook where 80% of the comments were trashing Francis for being greedy, and he signed the contract he should honour it type stuff. Was disappointing to read

 

[xHeadx]

Comparing sports leagues to the UFC is asinine. Complaining about fighter pay is definitely a new thing. Thank God we don't have this argument every week.

 

[WHITEBELT JESUS]

Comparing sports leagues to the UFC is asinine. Complaining about fighter pay is definitely a new thing. Thank God we don't have this argument every week.

Ok then, WWE ( Non Sport League ) starting salary is around 250k for a spot on the main roster.

And they are already poaching top talent at that rate. What say you?

 

[mudrubble]

Something is off in the calculations, I don’t have the time or the inclination to figure out what it is right now but the math doesn’t look correct

If you mean my calculations, they are correct. Another poster put up a screenshot of an inflation calculator and inflation is up 36% since 2005.

If you mean calculations of 26% in 17 yrs, another poster pointed out that they allegedly got 26% increase annually, although I can't say whether or not that's true.

 

[Mr Fahrenheit]

It's actually 26% growth per year for fighter pay

That figure is also misleading. 26% per year growth in pay is pretty good, but that growth is on total fighter pay. The roster is much larger now than 2005. A better measure would be average fighter pay, or median fighter pay. Another good measurement is pay as a percentage of revenue, and as some posters have pointed out, at only 17.5% it's still much lower than other major sports

Good calls across the board here. McDonalds could triple “worker pay” by buying out Burger King and Wendy’s without raising hourly wages by a penny. What matters (to the payee) is the amount paid to each individual.*

*although in this case the appropriate calculation is pay per fighter per fight. If a fighter made $100,000 in 2020 fighting once and then made $150,000 in 2021 fighting three times, he didn’t get a 50% raise.

Percentage of revenue is an interesting thing to zero in on. I realize that collective bargaining agreements in the major sports leagues use the metric, but it’s not particularly relevant in most other industries. If two consulting firms both pay first year associates $200,000, but Firm A is well managed and has double the revenues of Firm B, nobody would be screaming foul that Firm A associates aren’t being paid their “fair share.” Instead everyone just accepts that $200k is the going rate for first year consulting associates.

Not saying what’s the right or wrong thing to focus on here, there are just a lot of ways to look at it.

Another thing everyone ignores is debt payments (and expenses generally). Knowing a company’s revenue tells you very little.

 

[xHeadx]

Ok then, WWE ( Non Sport League ) starting salary is around 250k for a spot on the main roster.

And they are already poaching top talent at that rate. What say you?

I'd say there's a lot to unwind. As @Mr Fahrenheit pointed out, it's a complex topic. We're taking shots in the dark without all the puzzle pieces. At this point, people are just bitching.

 

[Mob69]

The UFC’s revenues for the 1st Quarter of 2022 were over $1 billion in the Last Twelve Months (April 1st, 2021 through March 31, 2022).

* This is double digit growth from the previous year.

* Fighter pay had increased 26% since 2005.
- Lubin also disclosed that fighter pay had increased 26% CAGR since 2005. Since we also know what total fighter pay was in 2005 — $4.3 million — total fighter pay would have been around $178.8 million last year. That would be just 17.5% of their total revenue.

https://www.bloodyelbow.com/2022/6/...a-year-minimal-costs-and-more-growth-expected

‘Double-digit growth’ does not equal a doubling of profits. A doubling would be 100% (triple digits). And the whole thing is about revenue, not profit, anyway!

 

[Poirierfan]

This pic says it all. Dana will do everything in his power to devalue and tarnish a fighters name if he/she should demand their fair share.

But he conveniently had stuff to take care of in the back!!

 

[welcometohavoc]

UFC is the McDonald's of combat sports

 

[Grow Hogan]

Sounds decent... then you realise the size of the roster now, inflation and that McGregors fight pay made up 75%% of that figure.

UFC brass must of been reading how to lie with statistics like that Bill Gares fool

 

[Alpha-Q-Up]

Since 2005 huh lmao

 

[kingghidrah]

* This is double digit growth from the previous year.

Double-digit growth isn't "doubled their profits"

it's anywhere from +10% to +99% but not +100% (doubling)

so it could be very close to doubling, or only 1/10 of doubling.

But "revenue" isn't "profits" anyway unless it says "net revenue" so I'm not sure where TS got profits "doubled"

 

[greatsantini]

Fucking lol. Quick check on inflation calculator shows 50% increase since then.

Only 26% wage growth means fighters made more money in 2005 than now rofl

26% CAGR. That’s 26% every year.