Jake Paul Gives ‘12.5 Million’ Reasons Why the UFC Is Heading ‘Downhill’
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Social media personality Jake Paul is a big picture guy. Whether people hate him or love him, his sensational character arc is enough to grasp the public attention. With only 5 professional fights against YouTubers and former UFC/Bellator fighters, he has established himself in such a way that his remarks carry volumes to disrupt the sport.
For the uninitiated, he exercised a business venture- a promotional company called ‘Most Valuable Promotions’. As of now, he is promoting unified featherweight champion, Amanda Serrano. However, the YouTuber turned boxer’s rivalry with UFC President Dana White is not unknown. He has condemned Dana White for underpaying UFC fighters.
Dan Loeb sold his entire stake in Endeavor…12.5 million shares…5% of the float. 🤔 Maybe he realized it’s only downhill for the stock unless the UFC addresses it’s systematic issues relation to its athletes pay and health care. More to come… https://t.co/UxfzSrrknL
— Jake Paul (@jakepaul) February 15, 2022
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UFC’s parent company ‘Endeavor’ went public earlier, but now an investor in this company has sold millions of shares.
However, ‘The Problem Child‘ has co-related this with fighters’ pay and healthcare. He tweeted, “Dan Loeb sold his entire stake in Endeavor…12.5 million shares…5% of the float. Maybe he realized it’s only downhill for the stock unless the UFC addresses it’s systematic issues relation to its athletes pay and health care. More to come..”
According to ‘The Problem Child’, he has been contributing more to the sport of combat than any other athlete. Probably, he considers himself as a person who is just not focused on his game, but also someone who has raised the issues of other athletes.
Jake Paul and UFC fighters pay
The 25-year-old boxer has complained about UFC fighters’ pay several times before. He has escalated it so much that he produced ‘Dana White Diss Track’ to target the UFC head honcho and compel him to raise the pay of fighters.
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In order to help the fighters get more pay and healthcare, he actually invested in UFC’s parent company. The 5-0 boxer notified his followers about the same on Twitter last month.
I’ve invested in EDR (UFC) stock with my partner @geoffreywoo 2 focus on UFCs ESG standards relating to fighters. We believe EDR can drive long-term economic value by increasing UFC fighter pay & providing them healthcare. Reaching out to @EngineNo_1 to partner on this “endeavor”
— Jake Paul (@jakepaul) January 25, 2022
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While Jake Paul is of the opinion that the shareholder sold his stocks because UFC is not addressing its major problem of fighters’ pay, he has not yet said anything about selling his own stock.
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What do you make of Jake Paul’s tweet regarding an investor selling Endeavour shares? Let us know in the comments.
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