How BJ Penn Spends His Millions! Help Support us by LINKING this...

How BJ Penn Spends His Millions! Help Support us by LINKING this video and SUBSCRIBING to our channel🙏 How Israel Adesanya Spends His Millions! 💰 https://www.youtube.com/watch?v=0ff2fBVa_Ts BJ Penn is an MMA legend. Known as “The Prodigy” in his heyday, Penn is credited as being one of the pillars of the sport, popularizing it and bringing it to international attention. His notoriety helped legitimize the lower weight classes for fans and analysts. A UFC titleholder in multiple divisions, Penn has toppled champions, risen to the heights, and gained worldwide acclaim for his skill. If that was the end of the story, he would likely be remembered as a beloved legend. But Penn’s passion for the sport of MMA is also an obsession, one that keeps bringing him back to the cage. He doesn’t need the money. He doesn’t need the acclaim. He just needs to fight. How does a legend like Penn spend his fortune? Like so many old-school fighters, BJ Penn’s career earnings don’t seem to match the length of time he spent in the organization. This is partially because Penn signed with the UFC in 2001, well before MMA was a millionaire-maker industry. It’s also difficult to find exact numbers online for his earliest purses. His first fight reportedly earned him a paltry $3,000 in 2001. But records become more clear in 2004, when Penn fought Matt Hughes for the Welterweight Championship and a surprising total purse of $50,000. Penn’s payouts jumped up to $50,000 to show, $50,000 to win and stayed there for awhile, until his 2008 match with Sean Sherk, which netted him $250,000. Penn’s largest purse to date was the $380,000 he won in his rematch against Matt Hughes in 2010, and since then his payouts have hovered around $150,000, especially in his latter matches before he was dropped by the UFC. There are a few things to keep in mind about Penn’s career earnings. One is that he was one of the first major pay-per-view draws in UFC history, so even his smaller purses still netted him higher yields from pay-per-view buys. Also, Penn’s prime came before the UFC standardized their fight-night bonuses to $50,000 in 2014, so some of his bonuses were as high as $80,000. He was no stranger to bonuses, either; Penn earned five fight-night bonuses over the course of his career. Penn was popular before sponsorships really took hold in the UFC, though he has benefitted from some Reebok sponsorship money in more recent years. He has an endorsement deal with Last Shot energy drinks, and also had a partnership with clothing company RVCA until they were banned from the UFC by president Dana White. Penn has managed to diversify his businesses throughout his career. He has his own gym, an MMA media distribution website, and has also opened a chain of poke restaurants in his native Hawaii, called Fish and Poi Company, which features poi made from fresh taro root grown at Penn’s farm in the Waipi’o Valley. The elephant in the room whenever talking about BJ Penn’s finances is that he comes from a family that is fairly well-off. This has meant that, unlike many fighters, Penn doesn’t have to fight to pay his bills. He has always enjoyed it and fights for the passion and the craft. Penn’s career earnings in the UFC are estimated at around $3.4 million over the course of two decades. But his net worth, according to some online sources, could be as much as $22 million, thanks to his family’s wealth and his outside business ventures.

from Ultimate Fighting Network https://ultimatefightingnetwork.tumblr.com/post/644636618640261120
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