“I think they are mostly overpaid considering all bonuses, sponsorship money (see note below), exposure ”

“Also, by “overpaid” if you were paying attention I was referring to economic rent.”

“You didn’t even understand economic rent and now you’re trying to get out of it by lamely talking sponsorship income?”

So you say they are overpaid because of sponsorship money, then say when you were talking about them being overpaid you were talking about economic rent, then say that sponsorship money has nothing to do with economic rent? Yeah I am the one who doesn’t understand economic rent. LOL

On another note:

“No amount of whining about Zuffa salaries will ever change that.”

Have I been whining about Zuffa salaries? Go ahead and show me where I state anything close to that statment. I think that you just keep misrepresenting what I have written, in fact its thats only thing you have been consistent on in your posts (see note below). You got exposed for being incompetent when it comes to understanding “true” economic theory (meaning real world, ironically the crutch of your argument is how I am speaking from my “ivory tower”, as if I am the one who was talking about free markets being real, LOL). All you can do is spout off about how I am a “marxist” or “keynesian”, as if that is supposed to take away from the fact that I have shown how you have numerous contradictions in your posts.

“If you’d pay attention to the sport there are tons and tons of organizations.”

Are there? Tons and Tons of them? Go ahead and list them off for me then. Because the way I see it there WERE a lot of MMA orgs. but within the last year or so there have been more mergers than one can count.
http://www.sherdog.com/news/news.asp?n_id=8896
So it appears that Pro Elite now has Rumble on the Rock, elitexc, SpiritMC, ICON, Cage Rage and king of the cage under their banner.
http://www.elitexc.com/partners
It also has been well known for quite a while that they have alliances with FEG (k-1) and Strikeforce, as they have already co promoted events with these two.

The UFC, as everyone knows has bought out WEC, Pride and the WFA.
http://www.mmapayout.com/2007/09/m-mma-style.html

By my count it appears as though there are really only 2 major players in the MMA scene right now (UFC-Proelite), we will see where Cuban’s promotion fits in when he actually puts together his first big card.
It looks like you were the one who wasn’t paying attention. Maybe you thinking of little regional promotions as actually being players, but I doubt that since we both know that they pose NO threat or competition to either of the big 2.

NOTE: Here is a post by Ivan Trembow
# Ivan Trembow Says:
October 3rd, 2007 at 12:54 pm

Yeah, that’s great, compare Zuffa to Wal-Mart, a company with more slave-labor scandals than just about any other American company. A more valid comparison would be to compare Zuffa to the sports leagues that it likes to compare itself to, like the NFL. In the NFL or any other sports league, they have collective bargaining, and the collective bargaining agreement in the NFL dictates that the players get 60% of the league’s total gross revenue. UFC fighters aren’t getting even one-third of that percentage.

And here is your response
“Ivan, are you suggesting that every sports company has a moral imperative to distribute 60% of their profits to their employees just because the NFL does?”

You see no one else here but you misunderstood Ivan’s post as implying anything about a “moral imperative”. You just read into that yourself, which apparently you have a bad habit of doing.

I am done embarrassing you.

I am avoiding using the term “free market” so you’ll stop babbling about your ivory tower, socialist economic theory. People assess market value all the time in the face an inefficient market. You can cry and whine all you want about true market value and market price, but the real world and inefficient markets determine what you get. No amount of whining about Zuffa salaries will ever change that.

Besides, you still don’t understand the simple concept economic rent, so I guess there’s no reason to argue anymore. There is no straw man here. I’m saying if the fighters were worth more, Zuffa would give it to them. Let them demand it the way Arlovski and Ortiz are.

But I think many fighters would take less total compensation and still fight for the UFC. That is the economic rent that I’ve never wavered on, no matter how much you try to claim I’ve changed my mind.

Notice how terrible you are misreading my posts, I speak nothing of
“fair”. It seems to be a common trend in your posts to build a straw man of argument and then try and blow it down. Meaning you have consistently been unable to actually respond to my posts. You just make stuff up and act like I said it. (have I said a word about what is fair? Nope, I have been talking about how you can’t assess true market value)

Oh so you think MMA is in a state monopolistic competition? So there are a lot of producers (mma orgs) are there? A lot of competition going on around right now? Seems to me like al you have are the UFC and the Pro elite companies. Also I have no idea what you mean by “state” in state monopolistic competition, that would be implying that MMA orgs. are receiving public funds.

ps I noticed that you are using “fucking” a lot more in your posts. Why so mad? I have been able to deal with your incompetence without getting profane. LOL

Go back to your Marx and Keynes socialism. Pathetic.

“I think they are mostly overpaid considering all bonuses, sponsorship money (see note below), exposure ”

“Also, by “overpaid” if you were paying attention I was referring to economic rent.”

“You didn’t even understand economic rent and now you’re trying to get out of it by lamely talking sponsorship income?”

So now I am the one that was associating economic rent with sponsership? You do realize that people can just read your previous posts and see how you changed your story? Right? I mean are you able to comprehend this? LOL You lost buddy, now stop your whining.

Ps Claiming that I am the one who doesn’t know much about real world economics is hilarious, you were the one talking about capitalism as if we had free markets, now that is textbook stuff. LOL

You can sit in your ivory tower and spout your Keynsian socialist nonsense, but the REALITY of the situation is this: You’re only worth what someone is willing to pay for you. End of story. You didn’t even understand economic rent and now you’re trying to get out of it by lamely talking sponsorship income? LOL. In fact, you’re bolstering my argument because I’ve already said I think we should include sponsorship money as total compensation.

You can talk all you want about market distortions, but the fact remains that many, if not most, industries are in a state monopolistic competition (MMA included). You’re the IDIOT assuming that “fair market value” means “theoretical fair market value” without the market distortions.

Market value is what someone is willing to pay for your asset. Period. Again, a does of reality: what happens when you attempt to sell a thinly traded asset into an illiquid market? In this case the thinly traded assets are fighters and the illiquid market are MMA orgs. This is REALITY. So stop whining.

You sound like one of those idiots who don’t understand why the subprime CDO market just collapsed. Black boxes failed and people were forced to mark to market. You’re busy trying to say that you don’t know what fair value is because you’re so stupid you don’t know how to fucking model it. I’m saying mark it to fucking market and stop fucking whining.

It’s pretty damn clear you have no idea that you’ve never spent time in the real world and don’t know anything about the market outside of what you learned in your friggin’ textbook at whatever Mickey Mouse college you went to.

So how does economic rent pertain to sponsors or extra income earned by a fighter? LOL It doesn’t

From Wikipedia: “Economic rent is the difference between what a factor of production is paid and how much it would need to be paid to remain in its current use.”

In simple English and for the UFC: “Economic rent is the difference between what the UFC actually pays a fighter and what Zuffa would need to pay to keep a fighter.”

Moron.

My main point was that you assume a level playing field when talking about economics and that just isn’t the case, plain and simple. My guess is that you have never studied economics beyond the high school level, because you sound like you still believe in market discipline (Laissez-faire), which is consider somewhat of a myth now among real economists. Its kind of like the trickle down effect, people like to draw up complicated models showing how it should work, but then when labor and income statistics come out after a tax cut, it shows that economic theory sometimes cannot account for how the “markets” really work.

Get it yet, making claims like “well if they don’t like it then they should just quit”, is a surefire way of making yourself look like an idiot when it comes to economic theory . There are numerous factors when it comes to labor wages of which can distort market value immensely. In my previous post I gave examples of such factors and it seems like instead of researching what I said or trying to understand it, you simply posted an counterargument for something that I never said.