Francis Ngannou says he lost $1M because of UFC sponsorship restrictions
Reigning UFC heavyweight world champion Francis Ngannou is claiming in a series of tweets that he lost $1,000,000 because of sponsorship restrictions by the UFC.
Ngannou, 35, has been at odds with the promotion surrounding the terms of his contract. He last saw action against Cyril Gane at UFC 270 in January 2022 where he won via decision and is currently recovering from knee surgery.
"Fighters are ripped off with sponsorship. It's a huge source of revenue for us but the company keeps exploiting that for their own benefit," Ngannou tweeted.
"I understand the sport needs to look good with uniforms but we should at least have a right for a minimum of 2 approved sponsors in the octagon. Last year I lost a deal of over a million dollars from a crypto exchange because [of] the partnership with CRYPTO.COM. What do I got from it?"
Fighters are ripped off with Sponsorship. It’s a huge source of revenue for us but the company keeps exploiting that for their own benefit.
— Francis Ngannou (@francis_ngannou) August 17, 2022
I understand that the sport needs to look good with uniforms but we should at least have a right for a minimum of 2 approved sponsors for in the octagon.
— Francis Ngannou (@francis_ngannou) August 17, 2022
Last year I lost a deal of over a million dollars from a crypto exchange because the partnership with CRYPTO .COM
— Francis Ngannou (@francis_ngannou) August 17, 2022
What do I got from it ? ????
The UFC, particularly its president Dana White, has been the target of criticism lately because of the promotion's fighter pay.
The most recent fighter to voice his grievances was former UFC middleweight world champion Luke Rockhold, who criticized the UFC for not increasing its $50,000 performance bonuses after many years.
—MGP, GMA News