Brendan Schaub and Ariel Helwani Discuss UFC Antitrust Lawsuit Payouts
The Fighter and The KidJuly 24, 202517 min55,871 views
33 connections·30 entities in this video→UFC Antitrust Lawsuit Payouts
- 💰 The UFC antitrust lawsuit settlement is for approximately $475 million, with fighters receiving around $100,000 each, though some estimates suggest up to $200,000.
- 💡 Approximately 99% of the 700 fighters involved are accepting the settlement money.
- 🗣️ Brendan Schaub expresses that it's "mind-blowing" that some fighters, like Hnatov Moano, are turning down six-figure payouts.
Hnatov Moano's Stance on the Payout
- 🛡️ Hnatov Moano has publicly stated he is not taking the settlement money, citing principles and not wanting to go back on his word.
- 🤝 Moano believes that a contract is based on one's word and that he doesn't expect the UFC to treat him well because of this decision.
- 🧠 Moano is described as a brilliant human being, smart with economics and business, and his stance is respected despite differing opinions.
Schaub's Perspective on Business and Loyalty
- 📈 Schaub argues that fighters should treat themselves as businesses, just as Dana White and the UFC operate.
- 💼 He believes turning down the money is not the best decision for the fighter or the UFC, as the money is already allocated.
- 🎯 Schaub emphasizes that the UFC is a business focused on profit and that fighters should prioritize their own financial well-being.
Broader Implications and Fighter Economics
- ⚖️ The settlement money is legally owed to fighters after an exhaustive court process spanning over 10 years.
- 📉 Despite the settlement, the speaker suggests that fighters are still generally underpaid, referencing figures like Anderson Silva and Conor McGregor.
- 🚀 The original lawsuit sought billions, and the settlement is seen as a win for the UFC, with the money being factored into their business plan.
Reactions and Media Commentary
- 👍 Ariel Helwani and his team are noted for being supportive and respectful regarding the discussion around Hnatov Moano's decision.
- 🎤 Brendan Schaub's comments on the state of MMA media and his response to Moano were highlighted.
- 🤔 The discussion touches on the idea that some high-earning fighters might be taking the money and allowing it to be dispersed among others.
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UFC Antitrust LawsuitBrendan SchaubAriel HelwaniHnatov MoanoUFC SettlementFighter PayMMA MediaBusiness PrinciplesContract LawProfessional Sports EconomicsDana White
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