According to Sports Illustrated, Team Takedown was an ambitious venture that funded athletes on their rise to the top. From day one, their profits were split 50/50, but they don’t have to worry about other costs: housing, car allowance, health and dental insurance, and a weekly pay-check.
While the 50/50 split may sound surprising to some, they have a facility to train out of, and trainers flown in — the cost of funding each fighter they have is estimated to be $100,000 a year. Team Takedown has invested upwards $ 4 million dollars, and has a revenue of approximately 200,000 a year.
Here’s what Johny Hendricks told Sports Illustrated on the matter, “Who wouldn’t want to get paid to train and that’s all you have to focus on? Look how my fighting has developed in the last five years,” Hendricks said last November prior to his first title fight with St-Pierre. “I can train twice a day and go as hard as I want to because I know I have nothing to do in-between. I am truly blessed to be in a situation like this.”
Aside from looking for the work ethics, world class athleticism, they have to also have “character” — someone that’s a positive role model with strong morals.
Team Takedown founders took a huge gamble with their investment — only a champion could make their business plan work. Last week, investments paid off and dreams became reality. Team Takedown really set a great initiative — taking a risk on investing in athletes. Recently referenced by MMA Junkie, another analogous example is how Greg Jackson’s camp practically makes no money:
“The “other place (Gym)” is the one that exists to make money. The fight gym is the place that mostly just loses it. “The gym is not a business,” says Jackson’s wife, Stephane, an epidemiologist at the University of New Mexico. She doesn’t mean it as a complaint, but rather an observation of fact. “Nothing about it works the way a business works,” she says.”
Another example is Nova Uniao — they took in Jose Aldo and helped him up when he was impoverished. Is it a coincidence that the “giving” camps tend to breed championship talent? It’s absolutely amazing to see dreams come to fruition, and that the beginning of greatness was sparked by giving people.