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Thread: Atencio: Big salaries aren't going to be the norm.

  1. #10
    Super Moderator Zapp Brannigan's Avatar
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    Default Re: Atencio: Big salaries aren't going to be the norm.

    Quote Originally Posted by clmetal View Post
    BTW, noticed Markum got a $25g KO of the night bonus. That number has been going down (we are constantly told salaries are trying to catch up - be patient!)
    Geez....no keeping the thread off of Dana. The bonuses are calculated normally according to PPV buy projections, and...well, this was a free card.
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  2. #11

    Default Re: Atencio: Big salaries aren't going to be the norm.

    The bonus number varies on the event but for the most part they have continued to go up. This was an Ultimate fight night so they tend to be lower than the pay per view bonuses.

    Also Claudale thanks for clearing up the IFL money situation. I was a bit confused when the article said they had 800 million in working capital, because from what I heard previously heard it was nothing close to that.

  3. #12

    Default Re: Atencio: Big salaries aren't going to be the norm.

    It's so funny how the JB disciples come running to the defense of someone who looks down on internet posters. Like you said, cl, he invented MMA and that's all there is to it.
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  4. #13
    Olympic Champ clmetal's Avatar
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    Default Re: Atencio: Big salaries aren't going to be the norm.

    Because I quoted Dana. It's in the story you posted VAK, he said they will go out of business and the fighters will have to come to him for employment. That's how the UFC does it. They make an offer and they don't beat the offers of others, they just tell you they will go out of business and you will come crawling back to them.

    VAK - you are 100% wrong, it's not at all possible. I am sure of it. I gave you their public filing - it dates back to inception. I've been dealing with documents like this one for 10 years now, they read like a children's book to me.

    They raised $35m over their entire history. They never had a working capital number equal to 1/20th of what was reported.

    I'll bet anything you like on this. I've already posted source documentation. You're in law school, it would be a good read for you btw (since the first half is put together by a law firm and the second half by accountants)
    "I don?t give a f_ck about money, bro. Believe me when I tell you that." Dana White

  5. #14

    Default Re: Atencio: Big salaries aren't going to be the norm.

    JB doesn't like facts...keep the facts away from JB!!!
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  6. #15
    Olympic Champ clmetal's Avatar
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    Default Re: Atencio: Big salaries aren't going to be the norm.

    VAK this was more than a "free card." It was an investment to take out a competitor. They grabbed guys who normally fight on PPV and did the best they could to make Trump tap.

    Before this event I saw the bonus numbers go down too. I know that is at his discretion, but it makes a big difference for the guys who get it.

    I never heard it was based on projected PPV buys either
    "I don?t give a f_ck about money, bro. Believe me when I tell you that." Dana White

  7. #16

    Default Re: Atencio: Big salaries aren't going to be the norm.

    I'm curious about the PPV projection/bonus formula as well. I would like to see how that is figured.
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  8. #17
    Super Moderator Zapp Brannigan's Avatar
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    Default Re: Atencio: Big salaries aren't going to be the norm.

    Quote Originally Posted by clmetal View Post
    Because I quoted Dana. It's in the story you posted VAK, he said they will go out of business and the fighters will have to come to him for employment. That's how the UFC does it. They make an offer and they don't beat the offers of others, they just tell you they will go out of business and you will come crawling back to them.
    That's lovely, but the point of the thread was to discuss Mr. Atencio's statmeents that the salaries would not stay at this level, and you for some reason are trying to turn it into a discussion we've had several times. Dana thinks their business model is stupid. Everyone knows that. It's not adding anything new to the discussion. The *new* part of the discussion is Mr. Atencio's statment, not Dana's.

    VAK - you are 100% wrong, it's not at all possible. I am sure of it. I gave you their public filing - it dates back to inception. I've been dealing with documents like this one for 10 years now, they read like a children's book to me.

    They raised $35m over their entire history. They never had a working capital number equal to 1/20th of what was reported.

    I'll bet anything you like on this. I've already posted source documentation. You're in law school, it would be a good read for you btw (since the first half is put together by a law firm and the second half by accountants)
    I am no expert in finances, so I bow outi n your favor here. I was simply pointing out that the numbers you were giving, by your own admission, were from the end of 2006, whereas the quote you took issue with was that the IFL had $800 million AT IT'S INCEPTION.
    Jacob Schlottke---Gone too soon, and the world is a little less bright because of it. RIP, brother.

    One, two, Evans is coming for you...

  9. #18
    Olympic Champ clmetal's Avatar
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    Default Re: Atencio: Big salaries aren't going to be the norm.

    If Affliction is on the map by losing money on this one show, I don't necessarily agree it was a dumb idea - UFC is more recognizable than MMA is (as a name) so everyone has an uphill battle. This packed card earned them instant recognition and credibility. The other organizations (IFL included) never had brand name recognition like this. They have a fighting chance at this point.

    I don't think they need to pack cards like this in the future to keep fan interest high, but I expect salaries to remain high since people expect to see the world's best heavyweights.

    VAK - the IFL had nothing at inception. They did what is called a reverse acquisition with a public shell. It's a way to bypass an S-1 (IPO registration statement). That was in 2005 and they didn't raise any money until 2006.

    Page 26 of my link has their statement of cash flows from inception (March 29, 2005) until 12/31/07

    Perhaps you will be dealing with these in the near future as well.
    "I don?t give a f_ck about money, bro. Believe me when I tell you that." Dana White

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