Quote of the Day: Pat Barry Deposits His $120,000 Bonus Check
by Anton Tabuena on Nov 2, 2009 6:36 PM EST
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PrintPromoted from the FanPosts by Kid Nate.
It wasn't until Tuesday when I got back home that I got a knock on the door, a special delivery for me. I opened it up and when I saw it, I was like, 'What the...' They weren't joking man they seriously sent me a check for $120,000. I wrote to Joe Silva and said if this was an April Fool's joke, let me know because I'm about to jump up and down and take off my clothes and run around the street naked. They said it was real man, it was real.
I walk outside to get my car and my car doesn't start so I've got on a t-shirt and I've got some pink stripy shorts on, some flip-flops and a black eye. So I've got to stand in the street and flag people down, and I'm sweating...I've got to flag people down with a black eye and sweat marks to try to get me a jump.
I finally get this guy and I say 'Yo man, I have a $120,000 in my pocket...can you give me a jump?'. Hey was like 'Yeah man I'll give you a jump'. It looked like 'Hey man can you help me jump start this car I'm trying to steal right now'. I go to the bank, I'm sweaty, I've got the black eye, I haven't shaven in two days, I'm strung out because I haven't slept, I have green circles under my eyes so I'm like 'Can I have a deposit slip mam?'. She gives it to me, I fill it out hand it to her. She looks at the deposit slip, then the check, then looks at me and says 'Excuse me I'll be right back'. Then a manager comes out, a guy in a suit and says 'What seems to be the problem?'. I was like 'Well I have a black eye, that's the only problem I know this looks really ridiculous'. So he asks me for my ID, I hand him my license an he's like 'Your license says Pat Barry, but this check was written to Patrick Barry'. So I decided to be funny and tell him Pat Barry is in my trunk right now. He didnt laugh. So I told him take your time man do whatever you need to do because I have no where to go and my truck probably wont start when I go outside so you can just do whatever you need to do. An hour later he came back and everything was fine, the check was in my bank account.
Pat Barry's monetary problems before UFC 104 are well documented. He had zero cash, up until he beat Antoni Hardonk to earn both 'Fight of the Night' and 'Knockout of the Night' honors. He talked to MMAScrapsRadio about the day he deposited his $120,000 bonus check.
HT: MiddleEasy
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LMFAO! That is a great story. Stay tuned for the next installment of “So you wanna be an Ultimate Fighter?”…
by Kwisatz Haderach on Nov 2, 2009 5:27 PM EST reply actions
Awesome…just awesome
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by Brent Brookhouse on Nov 2, 2009 6:09 PM EST reply actions
Thats great
I'm like PacMan fightin you silly kids... throw ya Hatton the ring, and get knocked outlike Ricky did.
lol.
by Loot on Nov 2, 2009 6:16 PM EST via mobile reply actions
Pat Barry ladies and gentleman....
A fighter im starting to really like more and more when i see him fight=]
Everyone has a game plan, untell they get hit.
So full of awesome. I’m stoked for the guy, I hope that the money gets him out of the hole he must have been in for a while.
“I decided to be funny and tell him Pat Barry is in my trunk right now. He didnt laugh.”
Just brilliant.
I finish beers at 1:55.
Believe me, when you’re that broke, a sense of humor is 100% necessary.
"Negative, negative. I gotta stay lean and lightning and ready to fight." Capt. H.M. Murdock
by BadB on Nov 2, 2009 7:32 PM EST up reply actions 15 recs
ain't that the gotdamn truth
We're just a million little gods causin' rain storms, turning every good thing to rust.
by Anthony Pace on Nov 3, 2009 12:33 AM EST up reply actions
This has been a damn good story. Seems like a genuinely good guy.
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by Bryan Everson (The Royalty of Roto) on Nov 2, 2009 6:50 PM EST reply actions
Congrats and well deserved! Hopefully he is smart with that money and finds himself a financial planner. IRS is going to be knockin’ soon.
Barry (5-1 MMA, 2-1 UFC) said he’s barely made enough to cover living and training expenses throughout his seven-year career. And as tempting as it would be treat himself to some luxuries, he said he’s already called his cousin and friend Joe, who’s a financial manager, to make plans for the future. He said $25,000 will go into a retirement account, and an additional $75,000 will be put into CDs to accrue interest.
“I looked at my budget of how I lived last year, and I’m going to live the exact same way,” he said.
HT: Yahoo Sports
Ever tried. Ever failed. No matter. Try Again. Fail again. Fail better. -Samuel Beckett
by Scott C. Broussard on Nov 2, 2009 8:17 PM EST up reply actions 1 recs
Well, I'm hoping...
he doesn’t have to buy off-brand ketchup and rice now. Splurge, dude. Get the Uncle Ben’s and Heinz.
"I would approve signing a pitcher that ate kitten tacos if he won 20 games a year." -BPinOK
So where’s he gonna come up with the $45,000 he owes in taxes?
by ufc4 on Nov 2, 2009 8:31 PM EST via mobile up reply actions
Hes an independent contractor which means he has a LOT more leeway with write-offs. He’s probably deducting all of his training camp costs and if he has a good accountant they will find a way to help him keep the majority of that $45k.
Giving Shogun his props. I had the fight 48-47 Machida but Shogun put up a monumental performance and I am honored to have seen it in person.
Great story
Thanks Anton for brightening my day.
█♣█
A wise man told me don't argue with fools
Cause people from a distance can't tell who is who -- Jay-Z
by thetakeover on Nov 2, 2009 7:44 PM EST via mobile reply actions
Hmmm?
No tax withholding? Barry better remember to put some money aside for the tax man.
The $25K wouldn't be taxed, if he set up his retirement account correctly
and there’s $20K not accounted for, which I’m assuming he’s setting aside for taxes. But yeah, he might want his cousin to run those numbers again. I’d feel a lot better if he got a CPA not related to him…
"I would approve signing a pitcher that ate kitten tacos if he won 20 games a year." -BPinOK
That dude has a lot more patience than I do- if I was sitting in a bank for an hour I might start getting a little angry, especially if the manager asked me a dumbass question like the Pat-Patrick thing.
by ufc4 on Nov 2, 2009 8:33 PM EST via mobile reply actions
not when $120K is waiting to be deposited.
by willydynamite on Nov 2, 2009 9:24 PM EST via mobile up reply actions
Yeah but getting the bank manager before even being asked for your ID by the teller? I’d let that slide the first time since I’d be too damn happy about having the money but if they didn’t start pouring on the customer service I’d be taking my money to a new bank that would be more then happy to deposit it. Also with a check of that amount wouldn’t it be a cashier’s check and guaranteed to be paid when deposited?
never deposited a large cheque
have you
"he's the best punchy face man in the buisness"
by blubber_guard on Nov 2, 2009 10:36 PM EST up reply actions
I don’t get it either way, it’s not like he was trying to cash it, if he deposits it and it’s not real or not meant for him won’t they be able to catch it before it clears?
even for a deposit the bank allerts federal gov @ 10 grand and over i believe
not so sure on the exact amount, as i haven’t cashed or deposited many checks in the united states
"he's the best punchy face man in the buisness"
by blubber_guard on Nov 2, 2009 10:47 PM EST up reply actions
that’s only for cash transactions- it’s called a CTR. Now, each financial institution has their own regulations and forms that they may have, mostly dealing with cash for structuring purposes. But, if they are any good at all, they will have a large transaction list printed out each day to review all items.
I used to work in a risk management department reviewing all this stuff.
by MMAWrestling on Nov 2, 2009 10:55 PM EST up reply actions
oh
i thought it was all transactions, not just cash, but only those exceeding $10,000
"he's the best punchy face man in the buisness"
by blubber_guard on Nov 2, 2009 10:55 PM EST up reply actions
There are reports for transactions over a certain amount of course, but you are only required to report cash transactions. CTR = Currency Transaction Report.
http://en.wikipedia.org/wiki/Currency_transaction_report
He might have gotten a SAR (Suspicious Activity Report) written up for him because of his appearance, “joking” behavior, and account history (no money and then suddenly $120k is a red flag).
by MMAWrestling on Nov 2, 2009 11:02 PM EST up reply actions 1 recs
aah
well neat, i learned something new _
"he's the best punchy face man in the buisness"
by blubber_guard on Nov 2, 2009 11:04 PM EST up reply actions
for an mma site, it got real bank-y in here.
by judonerd on Nov 3, 2009 12:31 AM EST up reply actions 1 recs
Yep...
SAR would be what he would get (and he would never know, mind you)
I work for a bank (albeit on the technology side) and we have to take classes on it every single year and it’s pretty much one of the exact things that would get a SAR. It doesn’t really do anything other than flag something as suspicious and if nothing comes out of it then so be it.
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by Brent Brookhouse on Nov 3, 2009 12:20 PM EST up reply actions
informative and pretty neat imo
http://en.wikipedia.org/wiki/Bank_Secrecy_Act
"he's the best punchy face man in the buisness"
by blubber_guard on Nov 2, 2009 10:49 PM EST up reply actions
something tells me
he might get the hang of this bonus thing >_>
"he's the best punchy face man in the buisness"
by blubber_guard on Nov 2, 2009 9:10 PM EST up reply actions
something tells me he just might go for another knockout.
i wonder if ufc will help him in that regard with matching him up with another striker.
by wolfmanshowlforever on Nov 2, 2009 9:23 PM EST up reply actions
barry vs mir
with mir’s arms tied int he ring ropes ala randy savage vs jake the snake
"he's the best punchy face man in the buisness"
by blubber_guard on Nov 2, 2009 10:37 PM EST up reply actions
Truly a great guy who understands the value of the dollar
and funny as heck too! Pos Rep for Pat Barry!
I Guess
Maybe it’s time for Barry to quit while he’s ahead. Being that broke should give anyone pause about the profession. Also, there aren’t a lot of people who can walk in a bank and deposit a $120k check without given pause. At least I can relate to the employer getting his name wrong on the check.
Quit just as it’s starting to be profitable?? That’s crazy talk.
"Like a ballet of violence clothed in fine Brazilian silk." ~ MMASuPreMaCy
Despite all the comments talking about the glory of it all, it doesn’t sound like in Barry’s account he’s enjoying much glory. When he expresses concerns leading up the fight about money, immediately after the fight he cries about money, and two days later the follow up story is about him cashing in on his money . . . I’m trying to find the slobbering “passion of following a dream” story line everyone claims to be reading.
This is guy is freaking broke! He probably would have fought a grizzly bear or someone’s grandma just to eat. The next comment about climbing up the UFC ladder to capture a title and entrance into the pantheon will be the first. Call me crazy, but it sounds like the focus of his fights is to pay bills and any notion of becoming the next Rocky is an extreme distant second.
bills
There probably aren’t a whole lot of people on here who do what they do for a living for reasons other than “they’re willing to pay me to do it and I’ve got bills”. A healthy focus on getting paid is a good thing, especially if you’re a freelancer…
I have been a fan of Pat ever since I saw him beat up Dan Evensen then do the Keith Jar… I mean, Techno Viking. (Which isn’t long, I know)
But his story just keeps getting better and better.
Here’s to Pat having a long and fruitful career.
by itsallgood013 on Nov 3, 2009 12:21 AM EST via mobile reply actions
I get vain and arrogant and ungrateful sometimes, and I thank God I come across these stories sometimes to bring my hairy ass back down to the ground.
Thanks, Anton
We're just a million little gods causin' rain storms, turning every good thing to rust.
by Anthony Pace on Nov 3, 2009 12:42 AM EST reply actions 1 recs
$120 000 buys 3519062 ketchup packets.
Keep firing Assholes!
I am the King of Rome, and am above grammar. -Sigismund, Holy Roman Emperor
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