This is the way businesses work. A company can't just "turn a profit", it needs to turn enough profit to make it worth the investment it's owners put into it. Every company works that way, whether privately owned or corporate owned.
The UFC does this and then some. They've paid out over a billion in dividends over the past 15 years, and that's not even before discussing some of the outsized bonuses they pay out these days. You aren't going to find a lot of legal businesses with a profit margin in the neighborhood of 40 percent.
When you have a multibillion $$ company, it takes tens of millions per year (in this case, more than 100 million) just to outpace inflation,
Odd we're discussing making sure the UFC outpaces inflation, while fighter contracts, which last multiple years, have no COL or inflation adjustments, and the OTN bonuses haven't been adjusted for inflation since they were standardized about a decade ago.
Restrictive contracts are not unusual. If my union contractor caught me working for someone off the union books, I'd be in big trouble. MMA orgs don't want their fighters getting injured in other competitions and potentially costing them a million in marketing for a fight they pull out of a week before.
That's much more narrow than a UFC or mma contract. A UFC contract would be the equivalent of I work as a roofer, and until I finish the trade (I'm a contractor in this scenario) I can't pick up any other roofing draws or work laying down tile or dry wall. And then when I'm done, if the employer likes my work, I'm automatically locked in for another year or two at the same rate, then when that's done, I have to exclusively negotiate with them for 3 months, during which I can't work at all in that industry.
And obviously banning a fighter from doing risky activities during camp is perfectly fine. But banning a retired fighter who will never step foot in the cage again from boxing? That's a different story I think.
Monopolies are in fact illegal in America bud. Don’t know where you got your info on this case
i agree with you about the lawsuit (saying it's not about pay is liek saying the Civil War was about states rights), but monopolies and monopsonies are not illegal. They are only illegal if they are obtained unlawfully.
Yes, but why not ask it when the contract is over? Going to twitter amounts to nothing.
Because who knows if he'll be coming off a win in 4 fights or have suffered a career ending injury in the meantime. 2 years is a really long time to gamble.