Light-weight standout Renato Moicano desires the UFC to pony up more cash for its fighters.
Fighter pay and the UFC’s paltry income share have been a sore topic for the MMA juggernaut for years, however Moicano believes he has the right resolution that may assist fighters obtain long-term monetary safety whereas making certain the promotion continues to construct and preserve prime stars.
“If the UFC gave TKO shares to fighters based on performance, it would benefit everyone—fighters earn long-term financial security, and the promotion strengthens loyalty and investment from its biggest stars,” Moicano wrote on X. “Reward success, build the future.”
Whereas that each one sounds high quality and dandy, ‘Money’ acknowledged that implementing such a change would require the promotion to restructure contracts and fall in keeping with SEC (Securities and Change Fee) laws.
“Fighters are independent contractors, it would require contract adjustments and SEC compliance but still possible,” Moicano added in a follow-up put up.
The taxman took a giant chunk out of Renato Moicano’s UFC 312 payday
In fact, Renato Moicano isn’t essentially hurting for cash after entering into the principle occasion highlight at UFC 311 final month.
Initially, Moicano was set to struggle Beneil Dariush in the principle card in Los Angeles. Lower than 48 hours away from struggle evening, the UFC thrust him into the principle occasion to switch light-weight title challenger Arman Tsarukyan. ‘Ahalkalakets’ bowed out of his title tilt with Islam Makhachev on account of an alleged again harm, leaving the ‘Dagestani Destroyer’ with out an opponent. Moicano stepped in and finally misplaced the bout by way of a first-round d’arce choke.
Regardless of arising brief, ‘Money’ made some severe financial institution for his 4 minutes of labor.
Moicano didn’t reveal specifics, however he revealed that his take-home was price greater than 9 Bitcoin which means the Brazilian fan favourite walked away with no much less (and certain extra) than $950,000. In fact, Moicano was compelled to give up a big chunk of that payday to the state of California which boasts among the highest earnings tax charges within the nation.
“Man, f*ck California brother – if you live in California, I feel for you brother. That state is a piece of sh*t brother, I think California is worse [than New York] … The taxation was crazy, crazy,” he stated on his Present Me The Cash podcast.
