Show Money Special Edition UFC Antitrust Hearings Coverage (Day 3)

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 few days of the UFC Antitrust hearings. Jason had to get back to his day job, but Paul and John were able to stick around and discuss why it was a good day for the plaintiffs, and that’s all you really need to know. Follow along, as we give updates gleaned from the crew’s time in the courtroom today.

Yesterday, Tuesday, August 27. 2019, Paul and John brokedown what they called 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? 
https://youtu.be/K3m-w4MO6iE (Day 2's Show)

Monday, August 26, 2019, 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 seemed to be the biggest thing the UFC didn’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).”
https://youtu.be/3k6OPQ_t0qE (Day 1 Show)

For more in depth information on Fighter Pay Details revealed during Monday’s hearing, check out John Nash’s in-depth article on that topic, right here: https://www.bloodyelbow.com/2019/8/27/20835161/fighter-pay-details-revealed-during-mondays-ufc-antitrust-hearing-mma-news

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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