Stopped McGregor signing a bad deal before UFC debut
Kavanagh says that a couple of months before McGregor joined the UFC, someone tried to sign him as his manager to a very restrictive deal.
That would have cost him around 20-25% of his earnings in return for something like €1,000 a month. Conor was rushing to sign it, saying: ‘I’m getting a thousand euros for doin nuthin!’ I begged him not to sign – I literally ripped the deal away from him – and to this day I bring it up every now and again: ‘Do you remember that?’ Because Conor will still get a contract, flick straight to the end, and look at the number without knowing what he’s committing to…He was on the dole, earning €100 a fight and training at the height of winter in a cold gym. His annual earnings for that five-year period was something like €1,500 a year! There was no money. Now it’s a 10-car cavalcade wherever we go, but back then there was just the two of us.
Shortly after, McGregor earned a €60,000 fight bonus for his first round finish of Marcus Brimage, and is now the highest paid UFC athlete.