Mods, this needs to be seen
https://bloodyelbow.com/2023/05/24/ufc-finances-lowest-revenue-share/
UFC fighter pay got worse: Record high profits, but all-time low fighters’ share for Endeavor
The UFC, by comparison, has been in the 17%-18% range (total revenue) for many years, resulting in two separate class action suits against them. Their recent SEC filings and 2022 earnings has that percentage dropping all the way down to what John Nash estimates to be a a range of 13% – 14.5% thanks to a reduction in “athlete costs” which includes fighter purses.
This estimate would mark the lowest fighter revenue share in the Endeavor era, and likely the worst in almost two decades. That’s right, fighters are getting even less of the pie now and with heavier restrictions on their contracts that currently include waiving rights to class action suits.
The new information shows the UFC made a whopping $1.14B in revenue last year with around $800M in media rights/content deals. According to the filings, they cut $32.8M in fighter costs/pay from 2021 to 2022, paying out just $146M out of $1.14B (down from $178M in 2021), despite revenue increasing by $110M and net income by $120M.
When the UFC-WWE merger was announced, a new $12B+ valuation of the UFC came out, which is 3x the value of its 2016 sale (that clocked in at a little over $4B). The fighters are now receiving significantly less revenue than ever before, and the UFC is raking it in.
https://bloodyelbow.com/2023/05/24/ufc-finances-lowest-revenue-share/
UFC fighter pay got worse: Record high profits, but all-time low fighters’ share for Endeavor
The UFC, by comparison, has been in the 17%-18% range (total revenue) for many years, resulting in two separate class action suits against them. Their recent SEC filings and 2022 earnings has that percentage dropping all the way down to what John Nash estimates to be a a range of 13% – 14.5% thanks to a reduction in “athlete costs” which includes fighter purses.
This estimate would mark the lowest fighter revenue share in the Endeavor era, and likely the worst in almost two decades. That’s right, fighters are getting even less of the pie now and with heavier restrictions on their contracts that currently include waiving rights to class action suits.
The new information shows the UFC made a whopping $1.14B in revenue last year with around $800M in media rights/content deals. According to the filings, they cut $32.8M in fighter costs/pay from 2021 to 2022, paying out just $146M out of $1.14B (down from $178M in 2021), despite revenue increasing by $110M and net income by $120M.
When the UFC-WWE merger was announced, a new $12B+ valuation of the UFC came out, which is 3x the value of its 2016 sale (that clocked in at a little over $4B). The fighters are now receiving significantly less revenue than ever before, and the UFC is raking it in.
