Jose Aldo ‘is losing a lot’ of money with UFC’s Reebok deal

[Wild]

Jose Aldo will be making $40,000 per fight with UFC’s new deal with Reebok, but he’s not happy about it.

"Scarface" recently called the UFC-Reebok deal "sh-t", and his manager Andre Pederneiras revealed that the UFC featherweight champion, who puts his title on the line July 11 against Conor McGregor, is losing a lot of money.

"Some fighters really lost a lot (of money). Aldo is losing a lot. Others aren’t, some will make money," Pederneiras said during a press conference Tuesday at Nova Uniao. "It was not good for me. I’m looking for ways to change what we were doing for this new scenario. We have to come up with different things to continue to make (money). It was not good for us as a company, but I completely understand what they are doing."

Pederneiras, who is also a businessman in Brazil, respects UFC’s decision, and believes that fighters who aren’t happy about it should ask for their release.

"Everybody needs to understand that the UFC is a private company," he said. "I have my gym here and I have 300 employees. If I say all of my employees have to wear pink, they will. Who doesn’t want to, just leaves. I will say they are out. The UFC makes decisions they believe are good for the company. Right or wrong, they will know better than me, they are managing their company. They might get a year from now and say they blew it, but it’s a business decision."

UFC president Dana White revealed on UFC Tonight that Reebok wanted to sign an exclusive deal with Aldo, but Brazilian apparel brand Venum, who sponsors Aldo for years, paid him better.

"(Reebok) money was a little over than what Venum used to pay, but with the discounts (in the United States) it would become less than what we make here," Pederneiras explained. "Taxes here are lower. It was a business decision, and we continued with Venum."

LINK: Jose Aldo ‘is losing a lot’ of money with UFC’s Reebok deal - MMA Fighting

 

[Ministry of Silly Walks]

i wonder if his big news will be to quit. i could see him doing that, or giving up the title, and taking time off, like gsp.

 

[Rico_Cutler]

Wonder how many fights is left on his contract. Of course it extend long as hes champ.

 

[Ministry of Silly Walks]

i wonder if he can quit at the end of his contract, wait until a new champ wins the next fight, and then be a free agent since he isn't the champ anymore.

 

[Wild]

i wonder if he can quit at the end of his contract, wait until a new champ wins the next fight, and then be a free agent since he isn't the champ anymore.

I dont think so. I think he either has to fight out however many fights he has left, or essentially retire, because he wouldn't be able to go to another org.

 

[Ministry of Silly Walks]

I dont think so. I think he either has to fight out however many fights he has left.

that's what i mean. if he finishes his fights, then says he's done. if they replace him as champ, that'll void the clause in his contract, right?

 

[Wild]

that's what i mean. if he finishes his fights, then says he's done. if they replace him as champ, that'll void the clause in his contract, right?

Hmmm...not sure to be honest. I dont know if they have champions clauses or not.

 

[Jonny Quest]

I hope he goes to Bellator.

 

[Zeph]

that's what i mean. if he finishes his fights, then says he's done. if they replace him as champ, that'll void the clause in his contract, right?

I wouldn't worry about the Champions Clause.

 

[Ministry of Silly Walks]

I wouldn't worry about the Champions Clause.
View attachment 3532

only thing he's beating that night, will be uncle franks cock for another try at the belt.

 

[Zeph]

only thing he's beating that night, will be uncle franks cock for another try at the belt.

I don't know what relationship you had with your uncles, but it was slightly different in my house.

 

[Ministry of Silly Walks]

I don't know what relationship you had with your uncles, but it was slightly different in my house.

it's not his uncle, and gays are very accepted where he's from. i'm not judging.

 

[Darqnezz]

Also needs to leave or stop accepting fights. The deal the ufc made with Reebok couldn't be a part of his original contract.