Cathal Pendred: 'It can be tough to make money in the UFC'
Conor McGregor may be raking the cash in, but retired MMA fighter Cathal Pendred has told of how tough it can be to make money in the UFC.
Pendred called it a day this week, saying that he had lost his passion for the sport. And while fellow Dubliner McGregor reckons he is on course to make a staggering €100m, the sport is not so affluent for the likes of Pendred.
Pendred did not reach anywhere near the heights of McGregor in MMA, and while he says he did hit the jackpot on occasions, earning good money on a consistent basis proved somewhat difficult.
“It’s not crazy money and I think the big thing is that other professional athletes like football players or rugby players are paid a weekly wage while MMA fighters are only paid when they fight," said Pendred on the Brendan O'Connor Show on RTE Radio One.
“It can be hard to earn money, especially when you pick up injuries. You could pick up a serious injury and be out for a year and you may not make any money.
“I was fortunate in the UFC. I was only in the UFC for a little over a year and had six fights. I got a big bonus in my first fight of $100k. I won fight of the night which was $50k and then it turned out my opponent was on performance enhancing drugs so I got his bonus as well.
“Between that bonus and my six fights I put all that money away and invest it for my future.”
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