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Welp, it looks like negotiations may have failed, as Dana White has said that he won't meet Jones' demands and he wants to see Derrick Lewis rematch Ngannou.
The UFC pays top fighters a combination of (a) upfront guaranteed sum (b) performance bonus (c) a share in pay-per-view revenues. From what I could find, the highest they've ever paid out for a+b is $6 million. Apparently they were willing to discuss considerably more than that as possibilities for Jones/Ngannou - $8-10 million, but Jon Jones and his camp were demanding far higher. The PPV revenues make sense as the dominant component in my opinion. The amount can be unpredictable and the UFC doesn't want to speculate on those and pay huge guaranteed money and then come up short. If the fight is a big success with fans, the UFC and the fighter both win though PPV revenue sharing, and if the fight has disappointing PPV buys, the UFC is still protected. Jones though wants huge guaranteed money, and it doesn't look like the UFC will yield. I'd like to see this fight, but I don't blame them, to be honest.
Jones should fight a heavyweight and aim to destroy him in a brutal fashion then the UFC will have to fold to his demand.
Welp, it looks like negotiations may have failed, as Dana White has said that he won't meet Jones' demands and he wants to see Derrick Lewis rematch Ngannou.
The UFC pays top fighters a combination of (a) upfront guaranteed sum (b) performance bonus (c) a share in pay-per-view revenues. From what I could find, the highest they've ever paid out for a+b is $6 million. Apparently they were willing to discuss considerably more than that as possibilities for Jones/Ngannou - $8-10 million, but Jon Jones and his camp were demanding far higher. The PPV revenues make sense as the dominant component in my opinion. The amount can be unpredictable and the UFC doesn't want to speculate on those and pay huge guaranteed money and then come up short. If the fight is a big success with fans, the UFC and the fighter both win though PPV revenue sharing, and if the fight has disappointing PPV buys, the UFC is still protected. Jones though wants huge guaranteed money, and it doesn't look like the UFC will yield. I'd like to see this fight, but I don't blame them, to be honest.
Cant say I blame Jones for asking for the moon. Him against Ngannou has the potential to turn very ugly very quickly. Ngannou on his lightest day probably still has 40 lbs or more on Jones. That being said, Jones technical skill is what gives him a shot, but Ngannou is catching up knowledge wise real quick as we can see from the two Miocic fights he had.
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