ATT drops management PLUS training fee to 5%
New Management/Training Fee: Only 5% at ATT! From: AmericanTopTeam AmericanTopTeam Member Since: 4/23/02 Posts: 3527 Hey Guys/Gals – We receive…
New Management/Training Fee: Only 5% at ATT!
From: AmericanTopTeam
Member Since: 4/23/02
Posts: 3527
Hey Guys/Gals –
We receive a lot of inquiries regarding our fee structure, for management and training of our fighters.
We also hear a lot of mis-information as to what we do, and figured this was a good way to put it out there for all to see.
We used to charge 20% to train and manage our fighters. If we only trained them and the fighter had his own management in place, we would charge 10% for training only.
(For those that do not know – these percentages are per fight)
After some discussions, as to how we can better help our fighters, we have decided to
charge a flat 5% fee for both management and training.
If the fighter has his own management, we will still only charge 5% for training.
Each month, the 5% collected will be distributed to the staff at the gym. Everyone who works at the gym, from our coaches on down to the front desk personnel will split and share in the 5%.
We are making this change for a couple of reasons. The most obvious one is to help our fighters by allowing them to keep more of the money they earn. Now, instead of paying 10% for training and another 10-20% for management, they will only have to pay 5% of their purse. Next, this change will help all those who work at the gym and do so much behind the scenes to make our team successful by giving them a monthly bonus equal to the 5%.
Maybe somebody spiked our punch or maybe it’s just the holiday season, but we have always tried our best to help the fighters out and we feel this new pay structure will go a long way towards that goal.
If anyone has a question they would like me to answer personally, aside from posting here, please feel free to e-mail me (Richie) at: puma@americantopteam.com
Happy Holidays to all.