The UFC held a press conference earlier today with the media to in order to “protect” themselves from any false claims that UFC Heavyweight Champion Randy Couture made during his own press conference last week.
UFC President Dana White, UFC Co-Owner Lorenzo Fertitta, and the UFC’s Chief Financial Officer John Mulkey were all on hand to share their thoughts on the situation involving Couture, to challenge some of the claims that Couture made, and to answer any other questions that the media had.
White started off the press conference by mentioning that he hated that the whole situation was going on that the UFC never wants to have to do anything like this again, but they felt as a company that they wanted to protect themselves. White said that he still considers Couture a friend and that the UFC wasn’t holding the press conference to belittle him.
One of the first counters that White made was to a statement made by Couture’s wife Kim, who said that the UFC did not market her husband. White reminded everyone that Couture was one of the first coaches on The Ultimate Fighter, was involved in the 2nd and 4th seasons of the show, and also had his own day of programming on Spike TV, an idea created by White himself.
White said that he was proud of the fact that Randy claims he makes just as much money outside of the UFC as he does competing in the organization. White said that is the long-term goal for the fighters – that they can continue to profit from their success long after they stop fighting in the Octagon.
Fertitta, who was making a rare press conference appearance, revealed that he had negotiated Couture’s new contract that he signed in January with him. He said that after the talks were done, Couture seemed relatively happy with the results and what he had agreed to. Fertitta also noted that he was hurt by many of the comments that Randy made last week and feels that he put on that press conference in order to attempt to hurt the UFC.
We all wanted to know what the numbers were and here they are:
Couture made a base salary of $200,000 for his fights against Tim Sylvia and Gabriel Gonzaga. Couture also asked for and received a signing bonus of $500,000. $250,000 of that bonus was given to Couture up front and the final $250,000 was given to Couture following his fight against Sylvia at UFC 68. Couture received this check on January 15th and cashed it on January 30th.
On top of his salary, Couture was also paid a $200,000 employment fee, a commentating fee of $56,000, and the PPV bonus for UFC 68 was $936,000. Not counting the signing bonus, Couture made $1.186 million for fighting at UFC 68. Couture has received $936,000 to date from his UFC 68 earnings.
For UFC 74, Couture received a $35,000 bonus for fight of the night. He is also expected to earn $787,000 in PPV bonuses for UFC 74. He is expected to earn $1.072 million for UFC 74. The UFC has not yet been paid for UFC 74 but when they do, Couture will be paid 10 days after that. The UFC expects Couture to have grossed $2.9 million by years end.
All of the numbers were reported by Mulkey. Mulkey also stated that the discretionary fees Couture talked about are not just determined by Dana White but by all those involved in the management of the UFC. Mulkey said that Couture was off by $436,000 in his bonus claims.
- White says that the UFC is the only company he knows of that pays fighters more than what is stated in their contracts. White says that they do not pay guys under the table in reference to Couture’s multiple “off the book” claims from last week.
- White says that the UFC is not a monopoly, they just happen to be the best at what they do. White says that a monopoly is impossible because there are more opportunities now for fighters to be able to compete than ever before.
- Fertitta spoke to Randy the day before his press conference and said that he had a nice conversation with him, not knowing what he was about to say the next day.
- Both Fertitta and White sat down with Couture before UFC 76 and heard and discussed Couture’s problems that he had. White said that the meeting abruptly ended early after Fertitta was forced to leave but that he told Randy that they would finish talking at a later date. Couture claimed that two weeks went by and he didn’t hear an answer. White says that he didn’t know he had a time table of two weeks before Randy would resign.
- This is the last time that White or any other UFC officials will discuss the Randy Couture situation.
- White and Fertitta seemed to not have a definitive answer when asked if Couture’s contract would expire in nine months or if he was definitively locked in for his next two career fights. White responded with “We’ll find out”, “We expect Randy to honor his contract”, and “We aren’t going to discuss the contracts.”
- White says that he doesn’t consider Fedor Emelianenko the number one heavyweight in the world and that he considers Couture the number one heavyweight today. He mocked Fedor’s last four opponents and called him a “farce”. White also said that he wouldn’t even consider Fedor among the top five heavyweights in the division.
- Both White and Fertitta agreed that they don’t things to play out in court. However they did say that they would take any means necessary in order to protect themselves.
- There are no plans to report numbers for revenue or anything like that in the near future.
- White plans on offering Couture a fight most likely this week. He mentioned Antonio Rodrigo Nogueira as an opponent. He said that if Couture did not take the fight, he would take that as Randy retiring.