Bare Knuckle Fighting Championship (BKFC) will provide a pension fund for fighters starting from the April 17 card on April 30.
BKFC President Dave Feldman revealed the landmark news to MMA Fighting on Thursday in a prepared statement.
“Our fighters are the most important asset of the company,” said Feldman. “We want to make sure they are compensated not only on fight night, but also cared for in retirement. For each BKFC fight, money will be placed in a pension account for them to use when they retire.
“BKFC is the hottest, fastest growing and most exciting sport in the world, and we want to make sure our fighters are cared for in every way possible.”
Fighters from big MMA promotions like the UFC and Bellator can only hope that their leaders will follow suit and create that plan for them. Until then, former UFC fighters like Paige VanZant and other fighters now have a reason to choose BKFC as a long-term home.
It makes sense for BKFC to offer this benefit to its fighters, as it is arguably as brutal a form of combat sports as it exists. But that’s not why Feldman says he made the decision to offer payments to fighters after retirement or a minimum of five years after the company stops making contributions to their personal pension accounts. He did it because he has seen first-hand what happens to fighters when they don’t have these savings.
“I have been in this sport for a long time and I have seen my father save a lot of money for wrestlers in the past and they did everything they could to break it. Many of them went bankrupt, ”Feldman said.
“That’s why we dedicate a minimum of five years to it, so they have it and don’t go out and ruin it. They will have it when they need it. “
BKFC 17 will feature Dillon Cleckler taking on Josh Burns, with both fighters bringing undefeated BKFC records. The event will take place in Birmingham, Alabama, on April 30.
What do you think of BKFC’s decision to provide a pension fund account for its fighters?