The Show Money crew is Paul the economist, Jason the lawyer, and John the man who knows everyone and everything in MMA.
In today’s episode, the guys are still in Las Vegas, Nevada, at the courthouse, to cover the first two days of the UFC Antitrust expert hearings. Paul and John breakdown what they call the “three phases” of of the second day of UFC lawsuit hearings...
- Did the UFC start stronger today than yesterday?
- What made John and other observers completely confused?
- What financial numbers for UFC 200 and other events did we learn?
Tune in and find out. Follow along in the player above, as we give updates gleaned from the crew’s time in the courtroom today. Here are a few thoughts on what was going to be happening today recorded by Jason Cruz on the way into the courthouse this morning:
Yesterday, we had the first day of live testimony, which included the economic experts for both sides: Dr. Hal Singer for plaintiffs and Dr. Robert Toepel for Zuffa. Fighter wage share of revenue was a particularly hot topic brought up, which seems to be the biggest thing the UFC doesn’t want the public to know about. According to our own John Nash, “Apparently, fighter wage share of revenue was 26% in 2007, dipped to low 20’s, then dropped again after 2011, where its been around 18-19% since; another interesting tidbit, was how Zuffa internally projected fighter wage share would stay at 20% or less, with total pay estimated at $196m in 2020 (on $980m revenue).”
For more in depth information on Fighter Pay Details revealed during Monday’s hearing, check out John Nash’s article published today, right here:
The original class-action, antitrust lawsuit against the UFC for monopolization and anti-competitive business practices in the sport of mixed martial arts was launched by former fighters Cung Le, Nate Quarry and Jon Fitch in December, 2014 — since that time additional fighters have rallied to join the cause. Keep checking Bloody Elbow for more updates from the hearings this week. Be sure and follow Paul at @MMAanalytics, John at @heynottheface, and Jason at @dilletaunt for all of their twitter musings.
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