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7/1/13 7:40 PM
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Macedawgg
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Lynchman - 
epwar - 
luctaro - 
epwar - 
Wonkamaster - Like they can't afford to do both? Lol.

This.  

Dana & Lorenzo discussing doing this to look magnanimous.  The fact is they can easily do BOTH!    


I suppose they can but this is no chump change. They put on 33 events, at their current 50K bonus, thats 6 mil 600k extra to share.

$6.6 million is chump change to a company that makes over $500 million in revenue.


Unless you have some idea as to the yearly expenses, don't make assumptions.

Dana recently said the Boston problem has been taken care of, the foreign fighters will be able to fight. The UFC has an office whose main job is to deal with visas, work papers and whatnot. The company employs 400 people, the majority of which are not $10 an hour people, they are highly skilled and often among the best at what they do.

Revenue does not equal profits.

Fighter pay should continue to improve, but I don't think the UFC has quite the profit level that some seem to think.

At $100,000 per employee (which is way high), you are at $40 million in employee costs. 

How much do you think the staff costs? 

We have a very good idea as to the revenue--they themselves state it is over $500 million. 

It is far from impossible to get a very good idea as to the other expenses as well. 

 

That said, this is a good move.  Pay should be guarantied base. 

7/1/13 7:57 PM
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forumnewb
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Wonkamaster - Like they can't afford to do both? Lol.

7/1/13 8:01 PM
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Rob San Soo
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Didn't they get fox money ? There just raising the lower fighter pay not there top money making machines. They can find that kind of money , what a joke. Phone Post 3.0
7/1/13 8:05 PM
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GROUNDnLB
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I don't thinK having no bonuses will affect fighters mentality. Fighters know (almost) no one is exempt from being cut. UFC fighters are playing in the big leagues, they are not going to take it down a notch during their gifts because the UFC took bonuses away. Phone Post 3.0
7/1/13 8:17 PM
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Refuse to Lose
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Gilbosh -
RicGillespie - Put all the bonus money into one big pool and split it up for every fighter on the card that has a finish.
This. Phone Post
Good idea! Phone Post
7/1/13 8:35 PM
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BanjaCop
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SE555 -
BLAF's entirely at fault here because he is failing to motivate his fighters. He needs to share more inside stories like blowing 1 million cash on blackjack at the casino, or tipping a dealer 100,000 dollars, or buying one a new car, show more video of him flying his friend the tooth out to one of his three houses and riding brand new motorbikes, or show him sunning in his over sized illegal pool that is heated year round through what was it 3000 dollars per month, heck show the Ferttita brothers 30 million dollar beach houses in California. This surely will motivate his fighters to cut the boxes at Wal-Mart faster in between training, maybe ask for more hours, and feed their babies their diluted generic baby formula split between two, faster, in order to train more and harder.  To be just as successful as them.
This is someone that is NOT their own boss. Phone Post 3.0
7/1/13 8:46 PM
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MMALOGIC
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^ ofcourse there's always going to be stress... but why add any more?  If you took every company and changed their compensation structure to instant performance productivity would go way down.

if this compensation structure worked it would be used everywhere in some form... it doesnt work.   This structure works for a very small minority of the population... guys like Dana White.  Dana created a structure that would work for him not realizing most of the fighters do not fit this psycholigical profile.

The vast majority of fighters are blue collar.  Carwin is an engineer...  Chuck was an accountant.  Edgar worked for a plumber, other guys in construction, etc...  A very small minority were cold calling salesman, or in other high pressure sales positions or entrepreneurs.

Moreover, the fight night bonuses are very unproductive... you had just as many subs, ko's and fight of the nights in strikeforce, bellator, affliction, pro-elite, etc... and none of them had any kind of bonuses.

use that 200k productively and increase the show money.

7/1/13 8:53 PM
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Nuevo Haole
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I think they should do like 25K finish bonuses for everyone minus main event (since those guys normally get %)

25K to anyone that finishes a fight would end up being cose to the current bonus pay outs

 

7/1/13 8:56 PM
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rufus
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epwar - 
Wonkamaster - Like they can't afford to do both? Lol.

This.  

Dana & Lorenzo discussing doing this to look magnanimous.  The fact is they can easily do BOTH!    


You're very generous with somebody else's money.

7/1/13 9:11 PM
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LILBROCK
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Wonkamaster - Like they can't afford to do both? Lol.

.

Any healthy business has certain margins they need to maintain so they can continue to reinvest into the growth of the business. Why do you think affliction, strikeforce, Bodog, IFL, etc... all went out of business? (among other things) Phone Post 3.0

Comparing Affliction, a company that had 2 total shows to the UFC, a company that has appreciated 1000% over 20 years? Ya, OK.

And Strikeforce went out of business?
7/1/13 9:14 PM
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jasonhightower
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RedDragons - Do both. Lower the bonuses and pay the lower level fighters more.

I like this best...

7/1/13 9:21 PM
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MMALOGIC
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nobones -  Hmmm hilarious how everyone here plays accountant. Do people even realize that Zuffa has a $400 million loan payment due this year? Phone Post

that loan has already been refinanced... it's due in 2020 now.

7/1/13 9:32 PM
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Macedawgg
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Edited: 07/01/13 9:32 PM
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MMALOGIC - 

^ ofcourse there's always going to be stress... but why add any more?  If you took every company and changed their compensation structure to instant performance productivity would go way down.

if this compensation structure worked it would be used everywhere in some form... it doesnt work.   This structure works for a very small minority of the population... guys like Dana White.  Dana created a structure that would work for him not realizing most of the fighters do not fit this psycholigical profile.

Moreover, the fight night bonuses are very unproductive... you had just as many subs, ko's and fight of the nights in strikeforce, bellator, affliction, pro-elite, etc... and none of them had any kind of bonuses.

use that 200k productively and increase the show money.

 

Logic is 100% correct. 

 

7/1/13 9:36 PM
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InvisibleControl
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They should just contract it as 8000 base, 16000 win, 24000 finish. That's a decent pay for an entry level if they win via stoppage. Phone Post 3.0
7/1/13 10:16 PM
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Macedawgg
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MMALOGIC - 
nobones -  Hmmm hilarious how everyone here plays accountant. Do people even realize that Zuffa has a $400 million loan payment due this year? Phone Post

that loan has already been refinanced... it's due in 2020 now.


Not to mention-the "loan" was used to fund distributions to the owners.  The vast majority of those funds were not operational. 

7/1/13 10:32 PM
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Mariooo1UP
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They aren't getting rid of bonuses. They are just trying to scare fighters into not complaining about fighter pay in public. Phone Post 3.0
7/1/13 10:36 PM
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IIAces
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Fighters get way more in locker room bonus than y'all think too. That's not disclosed to the public. So they may get a chunk of change for a finish already.

Ask the all the mainstream fighters now that make $$$ for the UFC(not the ones past their prime released from UFC with no chance for return) if they want Dana to take away all bonus money. OTN and locker room. But bet not one would open their mouth. Make money for Zuffa and you will make more money. Phone Post 3.0
7/1/13 10:37 PM
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303
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I think they should pay bonuses to guys who go out and lay it on the line and try to finish the fight, and I think they should fine people who come out and play it safe.
7/1/13 10:37 PM
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Mike_in_CA
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In Phone Post
7/1/13 10:54 PM
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Master_E
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Edited: 07/01/13 10:57 PM
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I think getting rid of the bonuses all together is a bad idea, but I'm all in favor of raising base pay.

How about

KOTN = 20k
SOTN = 20k
FOTY = 20k

This would free up what.... 100-140k? Spread amongst maybe 10-14 undercard fighters? I think it's a good start with keeping motivation for those bonuses. Maybe even make the bonuses a bit higher for undercard fighters.

The biggest thing from a business standpoint that DW has tried to do these past several years is help get the UFC to the level of other major sports. I still don't think it's there. Just because they have all this money doesn't equate to the kinds of contracts the NFL,MLB,NBA,and NHL have with cities and sponsors. There is also not a guaranteed history of support these other sports have for most of their teams. DW, to my knowledge, has tried to bring health care, retirement, acceptance, and popularity for a sport that was next to nothing on a monetary scale only several years ago.

What bothers me, and I totally get how these guys risk their lives with this sport possibly more than any other sport, have family's and trainers to feed etc, but what bothers me is when fighters like Rampage (who I think is still awesome) think they are bigger than the company who is still working on getting things to the next level. We see it in sports all the time, when a player becomes or thinks of themselves as bigger than the organizations dream or vision. The UFC isn't, in my opinion, on the level at which they can just raise the bar for everyone drastically just yet. I think it's working its way there for sure and I absolutely hope they end up sharing revenue internationally with all their fighters one day. Just can't grow a company like those old dot coms and let everyone bathe in gold just yet. One day...
7/1/13 11:00 PM
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Macedawgg
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LOL.

Revenue is there now, and has been.

 

7/1/13 11:51 PM
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jac0bear
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Wonkamaster - Like they can't afford to do both? Lol.
This Phone Post 3.0
7/2/13 12:02 AM
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cward81386
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This is a much better idea... I hate when the main event wins the awards tbh... other than select fights that are just amazing. I also feel like if any main event guy gets a submission, he gets that award. and lets face it... the other guys need that money more lol

7/2/13 12:08 AM
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rufus
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Macedawgg - 
MMALOGIC - 
nobones -  Hmmm hilarious how everyone here plays accountant. Do people even realize that Zuffa has a $400 million loan payment due this year? Phone Post

that loan has already been refinanced... it's due in 2020 now.


Not to mention-the "loan" was used to fund distributions to the owners.  The vast majority of those funds were not operational. 


How did you get access to Zuffa's internal financials?

7/2/13 12:19 AM
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Brian Littlefield
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RicGillespie - Put all the bonus money into one big pool and split it up for every fighter on the card that has a finish.

Genius 


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