Millionaire IN TRAINING REACTS: Why Your Favorite UFC/MMA Fighters Go BROKE. How Georges St-Pierre (GSP) Spent His First $1M in the UFC | My First Million | GQ Sports: Broke or Wealthy? UFC fighters don't get paid as much as you'd think.
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In this video, I review a video by GQ Sports. Georges St-Pierre took up karate when he was young to defend himself against bullies at school. Now he's one of the most legendary MMA fighters of all time. From $50K on gifts for his family to $200K on travel, find out everything Georges St-Pierre spent the first million dollars in the UFC on.
When analyzing the finances of UFC athletes:
#1 - when a UFC athlete has reached the top and is able to command multiple six figures for a fight, he or she is typically only fighting once maybe twice per year. When you see someone earn $400,000 for a single night of work, that is essentially their yearly salary if they only have one fight per year.
#2 - unlike other professional sports, UFC fighters have gym fees, a coaching staff, a manager, sometimes medical expenses, traveling expenses, and an expensive dietary regimen given the demands of the sport.
#3 - when Reebok became the official sponsor of the UFC, a large portion of a fighter’s revenue was diminished as they were no longer allowed to have other sponsors on their attire.
53% of UFC athletes earned less than $100k total in career earnings. 69% of UFC athletes earned less than $200k total. 84% have earned less than $500k. 91% have earned less than $1 million.https://allmylinks.com/owolabbyazeez
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GQ Sports Original Video: https://youtu.be/CpfGk8ms3aY
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Disclaimers: All opinions are my own, sponsors are acknowledged. Links in the description are typically affiliate links that let you support the channel at no extra cost to you. The information contained in this video is strictly for entertainment/educational purposes only. Therefore, if you wish to apply ideas contained in this, you are taking full responsibility for your actions.