According to an April 17 report from MMA Fighting, UFC President Dana White thinks the Diaz brothers -- Nate and Nick -- have no leverage when it comes to renegotiating their respective UFC contracts. Both are unhappy with their current UFC deals, and have decided to sit on the sidelines until the UFC gives them more money.
Nick Diaz, who turns 31 just four months from now, says he won't come out of retirement unless he gets paid a half-million dollars from the UFC. Diaz also wants a title shot even though he lost two in a row. As for Nate Diaz, he expressed that he's unhappy with making $60,000 to show up and another $60,000 to win. He wants more money.
Nate Diaz, a 29-year-old who has dropped two of his last three, sees what his brother and what Gilbert Melendez are making, so he feels his contract is embarrassing in comparison. Does Nate Diaz deserve more money from the UFC? It's a tricky question that has no definitive answer.
Here's the thing: The Diaz brothers are stepping over dollars to get to pennies. Nick Diaz been holding out for that $500k payday, when he could have been earning money from fighting this whole time. Diaz hasn't fought in over a year, which means he hasn't earned any money from the UFC.
Diaz made $200,000 for his UFC 143 fight against Carlos Condit, and he banked another $200,000 for his fight last year against Georges St-Pierre. If he would have fought once or twice since then, he could have come close to notching that $500k. Instead, he's been earning next to nothing.
As for Nate Diaz, he made over 1.2 million dollars over the course of his eight-year UFC career. That's a nice chunk of change, the farthest thing from what he calls "funny money." For the UFC, it's a matter of supply and demand.
There are plenty of fighters willing to step up in Nick and Nate Diaz's place, for far less money than what they are asking for. The UFC knows that life moves on without anybody, so they can get by without Nick and Nate Diaz. The UFC train will keep rolling, with or without the Diaz brothers.