Andrew Yang (Former 2020 Presidential Candidate): What's his future? #YangGang :lupe:

FAH1223

FAH1223

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FAH1223

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IrateMastermind said:
can someone please explain this to me? I'm serious. I honestly don't know how the ufc and wwe wage and benefits would matter to anyone. This has to benefit the masses by proxy i just don't see it.
Click to expand...

He wants the Muhammad Ali Act to extend to UFC fighters and WWE. The fighters are independent contractors, they don't own their branding, they get peanuts in compensation as a percentage of revenue compared to other sports.

If Yang got into the Biden Administration, this would be something he'd want to work on with the Secretary of Labor.

Andrew Yang wants to take the fight to Dana White's UFC

Depending on his placement, Yang believes he could get the Muhammed Ali Boxing Reform Act, which establishes federal protections for boxers, extended to MMA within the next two years. All MMA promotions would be affected by the new regulations, but none so much as the UFC, which enjoys a global lion’s share of the sport’s overall profits.

Yang, who studied kung fu and competed in taekwondo through his early 20s, loves watching UFC fights. He got hooked on a reality show called The Ultimate Fighter in 2005 and was immediately drawn to it.

The brainchild of the UFC, TUF is widely credited with introducing mixed martial arts to a new generation of fans who supported and sustained the new sport as it punched, kicked and choked its way into mainstream consciousness in the mid-2000s. Yang was among that crucial generation. He waxes about the first live TUF finale pitting Forrest Griffin against Stephan Bonnar – a barn-burner that became water-cooler fodder that Monday and convinced Spike TV to sign TUF up for a few more seasons. Yang even had his bachelor party at a UFC event in Las Vegas.

As Yang’s appreciation for MMA grew, so did his connection to the fighters and his curiosity as to how it all worked. Many state athletic commissions are required to provide a list of the fighters’ purses. When Yang looked at one, his jaw dropped. The numbers just didn’t add up.

“I admire the fighters, as they’re disciplined in their training,” Yang said. “They should not worry about making ends meet when they’re one of the top fighters in the world.”

With data provided last year through discovery in an anti-trust lawsuit currently playing out against the UFC, it can be ascertained that anywhere from 10% to 18% of the UFC’s total revenues go to the fighters, as opposed to the 50% athletes get in other major sports. It should be noted that these figures only reflect fighter pay through 2017. Today, more fighters are making million-dollar paydays – newly retired lightweight kingpin Khabib Nurmagomedov – made at least $3m (but probably closer to $10m) for his seven-minute destruction of Justin Gaethe at UFC 254 a week ago. Yet two other fighters on the same card took home purses closer to $13,500.

"The door would be open for more competition from other promotions. Stars would enjoy market free agency far more frequently and open bidding from multiple promoters would be a reality. Many of the exploitative contract provisions the UFC has used to gain their position in the market would be prohibited.”

Currently, MMA fighters are widely signed to multi-fight contracts with lengthy duration terms. If a fighter is injured or turns down a bout for another reason, their contract freezes until they become active again. The UFC also has a liberal ability to cut a fighter at any time.

“The UFC has such market prominence that they can treat their fighters, even stars, as replaceable cogs in the machine,” wrote Magraken. “This option would largely be lost if the Ali Act was in place. Every prominent fighter would force the books to be open. Many fighters would take a stand.”

Free of long-term contracts, fighters would have the ability to negotiate one fight at a time and talent would likely spread more evenly across all the sport’s promotions. The Ali Act would also address rankings. Unlike boxing, there are no independent organizations to rank the fighters, largely because the UFC hasn’t agreed to work with one. The UFC provides its own rankings for the independent media to vote on, though a vast majority do not participate. Recently, welterweight Leon Edwards was abruptly cut from the UFC’s rankings, because he wouldn’t commit to any of the opponents presented to him. A few hours later Edwards had a new opponent and his name returned to the rankings within hours.

“Promoter-controlled titles would be eliminated,” wrote Magakren. “Instead, these would be overseen by outside sanctioning organizations. These organizations are regulated under the legislation with requirements for objective ranking criteria and other protection for the fighters – rank and title would become objective property rights of fighters. These could then be used when exploring and negotiating their market worth instead of tools of promotional control.”

Yang believes this will be a strong start, but federal regulation will be the first swing in a one-two combination.

“Applying the Ali Act would a big step forward, but to me, MMA fighters need either a union or pro association, so they can negotiate for a fairer share of the revenue stream,” Yang said. “Big changes need to happen, and I’d like to do this on a human level.”
 
IrateMastermind

IrateMastermind

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FAH1223 said:
He wants the Muhammad Ali Act to extend to UFC fighters and WWE. The fighters are independent contractors, they don't own their branding, they get peanuts in compensation as a percentage of revenue compared to other sports.

If Yang got into the Biden Administration, this would be something he'd want to work on with the Secretary of Labor.

Andrew Yang wants to take the fight to Dana White's UFC

Depending on his placement, Yang believes he could get the Muhammed Ali Boxing Reform Act, which establishes federal protections for boxers, extended to MMA within the next two years. All MMA promotions would be affected by the new regulations, but none so much as the UFC, which enjoys a global lion’s share of the sport’s overall profits.

Yang, who studied kung fu and competed in taekwondo through his early 20s, loves watching UFC fights. He got hooked on a reality show called The Ultimate Fighter in 2005 and was immediately drawn to it.

The brainchild of the UFC, TUF is widely credited with introducing mixed martial arts to a new generation of fans who supported and sustained the new sport as it punched, kicked and choked its way into mainstream consciousness in the mid-2000s. Yang was among that crucial generation. He waxes about the first live TUF finale pitting Forrest Griffin against Stephan Bonnar – a barn-burner that became water-cooler fodder that Monday and convinced Spike TV to sign TUF up for a few more seasons. Yang even had his bachelor party at a UFC event in Las Vegas.

As Yang’s appreciation for MMA grew, so did his connection to the fighters and his curiosity as to how it all worked. Many state athletic commissions are required to provide a list of the fighters’ purses. When Yang looked at one, his jaw dropped. The numbers just didn’t add up.

“I admire the fighters, as they’re disciplined in their training,” Yang said. “They should not worry about making ends meet when they’re one of the top fighters in the world.”

With data provided last year through discovery in an anti-trust lawsuit currently playing out against the UFC, it can be ascertained that anywhere from 10% to 18% of the UFC’s total revenues go to the fighters, as opposed to the 50% athletes get in other major sports. It should be noted that these figures only reflect fighter pay through 2017. Today, more fighters are making million-dollar paydays – newly retired lightweight kingpin Khabib Nurmagomedov – made at least $3m (but probably closer to $10m) for his seven-minute destruction of Justin Gaethe at UFC 254 a week ago. Yet two other fighters on the same card took home purses closer to $13,500.

"The door would be open for more competition from other promotions. Stars would enjoy market free agency far more frequently and open bidding from multiple promoters would be a reality. Many of the exploitative contract provisions the UFC has used to gain their position in the market would be prohibited.”

Currently, MMA fighters are widely signed to multi-fight contracts with lengthy duration terms. If a fighter is injured or turns down a bout for another reason, their contract freezes until they become active again. The UFC also has a liberal ability to cut a fighter at any time.

“The UFC has such market prominence that they can treat their fighters, even stars, as replaceable cogs in the machine,” wrote Magraken. “This option would largely be lost if the Ali Act was in place. Every prominent fighter would force the books to be open. Many fighters would take a stand.”

Free of long-term contracts, fighters would have the ability to negotiate one fight at a time and talent would likely spread more evenly across all the sport’s promotions. The Ali Act would also address rankings. Unlike boxing, there are no independent organizations to rank the fighters, largely because the UFC hasn’t agreed to work with one. The UFC provides its own rankings for the independent media to vote on, though a vast majority do not participate. Recently, welterweight Leon Edwards was abruptly cut from the UFC’s rankings, because he wouldn’t commit to any of the opponents presented to him. A few hours later Edwards had a new opponent and his name returned to the rankings within hours.

“Promoter-controlled titles would be eliminated,” wrote Magakren. “Instead, these would be overseen by outside sanctioning organizations. These organizations are regulated under the legislation with requirements for objective ranking criteria and other protection for the fighters – rank and title would become objective property rights of fighters. These could then be used when exploring and negotiating their market worth instead of tools of promotional control.”

Yang believes this will be a strong start, but federal regulation will be the first swing in a one-two combination.

“Applying the Ali Act would a big step forward, but to me, MMA fighters need either a union or pro association, so they can negotiate for a fairer share of the revenue stream,” Yang said. “Big changes need to happen, and I’d like to do this on a human level.”
Click to expand...
I can get behind that. I didn’t realize how bad they have it
 
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