Working Towards Fighters Futures • MMA News
If you happen to rewind to the mid to late 2000’s, KO Dynasty Administration was one of many large gamers within the MMA world. Mickey Dubberly represented a few of the largest names within the UFC and Bellator. Then in late 2014 the UFC introduced Reebok because the unique athletic put on supplier and the panorama modified. Dubberly knew he wished to nonetheless assist fighters, however knew he wanted the right instruments to take action.
After going again and getting his sequence 7, sequence 63, 215, and getting sponsored by a agency within the finance business, Dubberly is bringing KO Dynasty again. With a spotlight of serving to fighters construct a financially accountable future.
“…I’m Vice President of Investments over at this firm that’s been around for 42 years. We manage billions of dollars. I’ve always been a fan of this sport. I was a sponsor of fighters even before I started my management company. I think I was one of the first sponsors to put my logo on fighters back in 08′ when it was on SPIKE. I was really a fan, I’ve always been a fan of the sport. I just see the train wreck happening. There’s many more fighters that are making so much more money, but there are so many more bad mistakes that are happening..”
There are lots of managers on the market who declare to need that for his or her fighters. Dubberly is placing his cash the place his mouth is. Providing to handle fighters totally free. Below the situation he may help them handle their investments. Which means he wouldn’t take a ten to twenty p.c administration price. He would merely acquire the usual charges on investments. A one time three% to five% cost after which an annual .6 to 1.75% portfolio administration price. Which means fighters preserve their full purse and aren’t paying a manger. They’re investing with a agency.
“…I’m not going to charge a management fee. I can talk to Mick or Sean and do a four fight, eight fight, twelve fight deal no problem. It’s very easy. They are very professional to deal with. No problem. Done Deal. Good. Now you got all this money that’s going to come in. Now let’s talk about the more important part, of what you are going to do after your fighting (career). Your family. Your finances. Let’s start putting together a plan. Life insurance. Let’s start doing things now so you can put your money away, so you don’t have to come back to the UFC when you’re 55 years old and get knocked out in 20 seconds. I’m trying to do this to set a standard because this is the standard in the NFL. This is the standard in the NBA. This is the standard in Major League Baseball.This is the standard where they have somebody that manages their money as well as negotiates their contract…”
Dubberly understands that it’s going to take lots of work and a while for folks to totally belief and perceive what he’s making an attempt to carry to the game. What he’s providing what be for everybody and he understands the place his providers will match within the market.
“…I’m really just trying to bring this to the elite, top fighters right now. That’s really where this makes sense. What I’m doing, my re-launch, does not make sense for a for a fighter that’s starting out or that’s 5-5. It just doesn’t make sense. This makes sense more for UFC fighters, the top Bellator fighters, and a fighter that gets the call to go up to the next level…”
This concept all stems from Mickey trying to carry legitimacy and professionalism again into the game that he loves. The present panorama appears to reward weird and outlandish conduct, however Mickey believes that these actions can have long-term penalties.
“…Nobody’s going to take this sport serious the way they talk on interviews to each other. The way things are being done with the managers punching fans and fighers throwing things at the buses. People are like laughing and it’s not funny. They are going to lose all their money and it’s like you worked so hard. Now they’re going to look back and be like, ‘Damn. What am I going to do with my life?’ …”
It is going to be attention-grabbing to look at how Dubberly is ready to develop his concept over the approaching months and years. The choice is all the time obtainable for fighters to stay with their managers and have Mickey simply handle their funds. Preserving the door open to work with all fighters. He at the moment works with a number of fighters at Antonio McKee’s Physique Store and the fighters who’re on board are completely satisfied.
It looks like this can be a no-brainer for fighters and for the event of the game as an entire. As Mickey explains, that is how most different skilled organizations and athletes function. MMA has been recognized to be the exception to the rule. Solely time will inform if Dubberly can set the usual he strives for.
Hearken to the total interview under and ensure to comply with KO Dynasty on Fb and on Twitter @KODynasty. Any fighters can discover Mickey’s cellphone quantity and e-mail deal with at www.KODynasty.com for extra data.