Sam Caplan is the President of Combat Sports Media, LLC, the parent company of FiveOuncesOfPain.com. CSM is a B-2-B outsource solution in the MMA industry and provides PR, web management, and other consulting services to MMA companies. Clients of CSM include the Combat Sports Championships and Showtime. | All posts by Sam Caplan
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While we encourage you to express your opinions, FiveOuncesofPain.com does not support and will not tolerate fighter bashing. 3 Responses to “Randy Couture press conference video II: Clips of Q&A session”
Something I haven’t seen anyone mention is the tax implications of a fighters “reported” salary, versus the “tips”, essentially, that the UFC gives out behind the scenes. It seems like fighters could claim on their returns to have made only 12,000 on a fight, yet not include that other 40 grand they got behind the scenes on their returns.
It might also have implications on the way UFC files its own taxes as well.
Randy is a true professional. I hope Dana White can a learn a thing or 2 from the way that he handles this type of situation. To be honest…I can really see another Orginazation topping UFC in about 5 years.
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Sam,
Something I haven’t seen anyone mention is the tax implications of a fighters “reported” salary, versus the “tips”, essentially, that the UFC gives out behind the scenes. It seems like fighters could claim on their returns to have made only 12,000 on a fight, yet not include that other 40 grand they got behind the scenes on their returns.
It might also have implications on the way UFC files its own taxes as well.
Agree or Disagree:
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0
jt – that’s the first thing I thought about as well – I think some folks at the IRS are already sharpening their knives…
Agree or Disagree:
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Randy is a true professional. I hope Dana White can a learn a thing or 2 from the way that he handles this type of situation. To be honest…I can really see another Orginazation topping UFC in about 5 years.
Agree or Disagree:
0
0