UFC’s McGregor And Diaz Talk Trash And Money

CNBC

9 Mar 201605:40

Summary

TLDRIn this CNBC interview, Conor McGregor and Nate Diaz discuss their earnings and financial goals ahead of their upcoming UFC fight. McGregor emphasizes his financial success and the business aspects of the sport, while Diaz asserts his own value in the fight game. The conversation touches on the potential of the UFC to grow as large as major sports leagues like the NBA or NFL, with McGregor viewing it as a business of warfare rather than just a sport. The interview ends abruptly as Diaz leaves, leaving McGregor to continue.

Takeaways

📈 Conor McGregor and Nate Diaz are discussing their earnings from a fight, with McGregor hinting at making over ten million dollars.
💰 Nate Diaz is confident that he will make significantly more than everyone else, suggesting a substantial income from the fight.
🤑 There is a playful banter about McGregor owing Diaz money, with Diaz stating he will get it regardless of the situation.
💼 McGregor expresses his ambition to reach a net worth of a hundred million dollars and is confident about his financial trajectory.
🏆 Both fighters discuss their financial goals, with Diaz emphasizing the importance of success in their sport as a business.
🏠 The conversation touches on what signifies financial success for them, with Diaz mentioning mansions and Ferraris as examples.
🥊 The fighters are asked about making the UFC as big as the NBA or NFL, with McGregor suggesting that it's about survival and not just sport.
📊 Diaz believes that putting fighters on platforms like CNBC to discuss stocks and numbers could help the UFC grow.
🏆 McGregor views the UFC as a business of warfare, differentiating it from traditional sports franchises.
🎥 The script ends with a call to action for viewers to subscribe to CNBC's channel for financial and business insights.
📚 The video promises to provide viewers with information to be smarter about their finances, featuring original series and insights from experts.

Q & A

What is the main topic of the conversation between Jane Wells, Conor, and Nate?
-The main topic of the conversation is the business of fighting, specifically discussing the financial aspects of the sport, including potential earnings from a fight and the fighters' financial goals.
How does Conor describe his financial situation in relation to the fight?
-Conor describes his financial situation as being 'smoothly enroute' to a net worth of a hundred million dollars, indicating he is confident in his financial progress.
What does Nate claim about his earnings from the fight compared to others?
-Nate claims that he will make 'a lot lot more' than everyone else, suggesting he has a significant advantage or a larger share of the earnings from the fight.
What is Conor's response when asked about his current net worth?
-Conor does not disclose his exact net worth but implies that it is substantial, stating that there are 'people buried in the desert for less than that' when Jane asks him about his worth.
What does Nate imply about his financial success in the fighting game?
-Nate implies that he has been very successful financially, stating that he has 'made more millionaires in this game than anybody else'.
How does Jane Wells initiate the conversation with Conor and Nate?
-Jane Wells initiates the conversation by greeting Conor and Nate and then quickly moving the topic to money and business, which is in line with the focus of CNBC, the business network.
What does Nate mean when he says 'the main thing to succeed in this game is to either be me or fight me'?
-Nate is implying that he is at the top of his field, suggesting that the only way to achieve significant success in the fighting business is either to be him or to compete against him.
What is the context of the discussion about making the UFC as big as the NBA or the NFL?
-The context of this discussion is about the potential for the UFC to grow in popularity and financial success to compete with major sports leagues like the NBA or the NFL.
What does Nate suggest about the UFC's current status compared to traditional sports?
-Nate suggests that the UFC is not just a sport but a business, and he views it as something 'more pure' and 'the business of warfare,' indicating that it has a unique appeal that sets it apart from traditional sports.
How does the conversation touch on the topic of audience anticipation for the fight?
-The conversation mentions that the fight between Nate and Conor has been anticipated by the audience for many years, indicating high levels of interest and potential viewership.
What is the closing statement from Landon Dowdy about CNBC's channel?
-Landon Dowdy encourages viewers to subscribe to CNBC's channel for videos packed with financial information, and to explore other CNBC original series and content.

Outlines

00:00

🥊 Business of Fighting: Financial Chat with Conor and Nate

In this segment, Jane Wells from CNBC engages in a light-hearted yet insightful discussion with Conor McGregor and Nate Diaz about the financial aspects of their upcoming fight. The conversation revolves around the potential earnings from the fight, with Conor hinting at a breeze past a ten-million-dollar mark and Nate asserting he will make significantly more. The dialogue also touches upon McGregor's aspirations to reach a net worth of a hundred million dollars and his confidence in his contract. The fighters express their views on the UFC's potential to rival the NBA or NFL, with McGregor emphasizing the business of warfare over traditional sports franchises.

05:01

📈 Fan Anticipation and Financial Literacy with CNBC

The second paragraph shifts focus to the anticipation for the Conor-Nate fight, as evidenced by analytics showing a strong fan interest that has been building for years. The segment also introduces CNBC's broader content, inviting viewers to subscribe for financial advice and insights. Landon Dowdy from CNBC wraps up the segment by highlighting the channel's offerings, which include original series like Young Money and Mad Money, aiming to educate viewers on finance and technology.

Mindmap

Keywords

💡CNBC

CNBC is an abbreviation for the Consumer News and Business Channel, a leading international cable channel that provides real-time financial market coverage and business information. In the video's context, Jane Wells represents CNBC, indicating the channel's focus on business and financial discussions, as evidenced by the conversation about money and business in the USA.

💡Business Network

The term 'business network' refers to a group of individuals or organizations that are connected through professional or commercial interests. In the script, it is used to describe the platform that Jane Wells is part of, emphasizing the video's focus on business discussions and financial topics.

💡Purse

In the context of sports, 'purse' refers to the total amount of money that is available to be won in a competition, particularly in fighting sports like boxing or mixed martial arts. Nate is asked about his share of the purse, indicating the financial stakes involved in the fight he is participating in.

💡Net Worth

Net worth is the value of an individual's total assets minus their total liabilities. It is a measure of an individual's overall financial health. In the script, Conor McGregor discusses his goal to reach a net worth of a hundred million dollars, showcasing his financial ambitions.

💡Millionaires

A millionaire is an individual whose net worth is at least one million units of currency. In the video, Nate claims to have made more millionaires in his game than anyone else, suggesting his influence and success in creating wealth for others.

💡Contract

A contract is a legally binding agreement between two or more parties. In the context of the video, Conor refers to his contract as being 'a peach,' implying that it is highly favorable or beneficial to him, and contributes to his financial well-being.

💡UFC

UFC stands for the Ultimate Fighting Championship, which is the largest mixed martial arts organization in the world. The script discusses the potential for the UFC to grow as big as the NBA or NFL, indicating the organization's aspirations to expand its reach and influence in the sports industry.

💡Analytics

Analytics refers to the systematic computation, analysis, and interpretation of data, often used to drive decision-making. In the script, Nate mentions checking the analytics to understand the public's interest in a particular fight, demonstrating the use of data in shaping business strategies.

💡Franchise

A franchise is a business operation that is granted the right to sell a company's goods or services in a particular territory. In the video, the comparison of the UFC to NBA or NFL franchises highlights the commercial and organizational structure of sports businesses.

💡Business of Warfare

The term 'business of warfare' is used metaphorically in the script to describe the intense competition and high stakes in the UFC, emphasizing that it is not just a sport but also a business where survival and success are paramount.

💡YouTube

YouTube is a video-sharing platform where users can upload, share, and view content. In the script, the mention of YouTube is part of a call to action for viewers to subscribe to CNBC's channel, indicating the use of social media for content distribution and audience engagement.

Highlights

Jane Wells from CNBC initiates a conversation about money and business with Conor and Nate.

Conor and Nate are asked to count to ten as a light-hearted introduction to the discussion.

Conor is rumored to make ten million dollars from a fight, which he confirms with a casual 'yep'.

Nate claims to make significantly more than everyone else, including Conor McGregor.

Nate hints at a past financial interaction with Conor, mentioning a 'last paycheck'.

Conor expresses his ambition to reach a net worth of a hundred million dollars.

Conor dismisses questions about his current net worth with a cryptic comment.

Nate outlines his financial goals, emphasizing his desire to earn more than everyone else.

Nate suggests that being him or fighting him is the key to success in their business.

The conversation shifts to the potential of the UFC to rival the NBA or NFL in popularity.

Nate expresses his view that the UFC is more akin to a business of warfare than a traditional sport.

Conor and Nate discuss the importance of analytics in building anticipation for fights.

Nate emphasizes that the fight they are discussing has been desired by fans for many years.

The transcript includes a promotional message from CNBC, encouraging viewers to subscribe for financial insights.

Landon Dowdy from CNBC wraps up the video with a call to action for viewers to engage with CNBC's content.