Georges St.
Pierre wisely spent his first
UFC earnings, which were not much.
St. Pierre (26-2) faced Karo
Parisyan in his UFC debut in 2004. While it was a long time
ago, St. Pierre made a surprisingly small amount of money from the
fight. As per the UFC’s show/win structure, “Rush” was paid $3,000
to show and $3,000 to win. St. Pierre won the fight via unanimous
decision and wisely spent his earnings from the fight. Instead of
spending on luxury, St. Pierre spent money on essentials like a
mortgage. The Canadian also spent money on trips to New York,
Thailand, and Brazil to develop his skills.
Invest Wisely
St. Pierre also notes that many young fighters waste their early
earnings on luxuries. The former UFC double champ advises young
fighters to reinvest their earnings in developing themselves
instead.
“In UFC, it was 3+3, $3,000 to show and $3,000 to win. Karo
Parisyan… I reinvested in myself,” St. PIerre said on Demetrious
Johnson’s podcast “I didn’t use to buy luxury and stuff. I
bought the stuff I needed to buy, like mortgage and stuff like
that. I reinvested in trips to New York, Thailand, Brazil, to seek
expertise, to make me better. That’s the problem with a lot of guys
when they start. When they make money, they buy jewelry, cars, and
stuff. You don’t want to do that. You need snowball effect. You
need to reinvest on yourself so you can keep the ball
rolling.”