UFC’s New Bonus Plan To Support $9.8 Million Bonus Budget For 2014
Change isn’t always good, but the UFC’s recent change to their Fight Night Bonus structure is definitely a step in the right direction.
Initially, we had sparse details about the shift in bonus type, but on UFC Tonight they cleared it all up.
The UFC announced that they were changing its bonus structure. No more “Knockout of the Night” or “Submission of the Night.” It’s now “Fight of The Night” and “Performance of the Night.” They are giving out four bonuses for every card. This year alone, they’re going to have 49 events from January to December. And if you total all of the bonuses they are going to give out, it will total $9.8 million. Dana White [said] they want to ensure that the money is going to go to the fighters. Sometimes, there isn’t a KO, or at least a good KO. There isn’t a submission so they can’t give out these bonuses. That’s why they got rid of those and they just made these “Performance of the Night.” Also, guys can still win two awards. Like, you can win the “Fight of the Night” and “The Performance of the Night.” So that still plays well to obviously make a lot of money, $50,000 goes to each bonus winner. And they just want to make sure that everyone gets this money. They’ve already allotted it, so why not make sure, that’s why they are getting rid of the KOs and submissions, just going with “Performance of the Night.”