Francis Ngannou, a dominant force in MMA known for his explosive knockouts, climbed the ladder of success by defeating the likes of Stipe Miocic, Cain Velasquez, Alistair Overeem, and more. However, during an appearance on the Joe Rogan podcast, Ngannou who has $5M net worth revealed that he had to take an advance from his purse to fund his fight camp for the battle against Stipe. This revelation sparked online criticism, with some fans chastising the former UFC champion for what they perceived as poor financial management.
Fans Slam $5M Net Worth Francis Ngannou for Requesting Purse Advance
Earlier this year, Francis Ngannou parted ways with the UFC. Dana White, the UFC president, confirmed that Ngannou had turned down an offer that would have made him the highest-paid heavyweight in UFC history. This suggests that Ngannou was likely earning well. However, Ngannou made a statement on the recent Rogan podcast about taking an advance from his fight purse to cover the costs of his fight camp for the battle against Stipe Miocic implies financial challenges despite his earnings.
When pressed by Rogan about his decision not to sign the contract, Ngannou explained that he and the UFC had a strained relationship regarding contracts and financial matters. This strained relationship led to his income being tied up, leaving him with very little money.
In fact, he was in such a tight spot that he had to borrow and take advances from his fight purse. As per him, “Even before the Stipe fight, when they announced that fight I needed to call UFC to advance my purse to finance my training camp. I had no money.”
According to fans, Ngannou had declined numerous high-paying contracts before his fight with Stipe, and he had several lucrative endorsements. Fans believe that Francis should have been more prudent in managing his finances. Some argue that despite being a millionaire, turning down multiple fights and only fighting once a year may have led to him running into financial difficulties.
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Absolutely, champions like Brock Lesnar and Conor McGregor have reaped significant wealth from their successes inside the octagon in the UFC. Given this reality, fans have voiced criticism towards Ngannou.