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California Governor Gavin Newsom has signed a bill into law establishing a retirement fund for MMA fighters. The bill, which was proposed by Matt Haney earlier this year, will go into effect in 2024. This retirement fund is the first of its kind for MMA fighters and aims to provide financial support for their post-fighting years. The fund will be supported by contributions from various sources, including $40 from each custom license plate sold and $1 from every ticket sold at a CSAC regulated event. While this is a positive step towards supporting MMA fighters, there are concerns that the fund may not be sufficient to meet their retirement needs.
California created a new MMA fighter retirement fund but it may not be enough: - $40 from each custom license plate sold contributes to the fund. - $1 from every ticket sold at a CSAC regulated event goes into the fund. https://t.co/3IEY1Rwsfr
California created a new MMA fighter retirement fund but it may not be enough: - 40 from each custom license plate sold contributes to the fund. - $1 from every ticket sold at a CSAC regulated event goes into the fund. https://t.co/yFZJu1didT
Retirement fund for boxers in California‼️ https://t.co/WmV2f4qY3s
MMA fighter retirement benefit passed, becomes California law starting in 2024 https://t.co/BiNUuM1uZ1 https://t.co/W7D7QFkVGL
CA Establishes World's First Retirement Fund for MMA Fighters. https://t.co/CJImF9fUiy
MMA fighter retirement benefit passed, becomes California law starting in 2024 https://t.co/llLUrPENLX
California to establish first retirement fund for MMA fighters https://t.co/vYliJqifRU
California gov. Gavin Newson on Sunday signed into law an MMA fighter retirement benefit fund, per the state's department of consumer affairs. It was the bill proposed by @MattHaneySF earlier this year. It's set to go into effect in 2024. More below. https://t.co/nRb4kKUQzC
California governor Gavin Newsom signs MMA fighter retirement benefit fund into law (via @mma_kings) https://t.co/6GuRNmqfcP
The California bill establishing a retirement fund for MMA fighters has been signed into law by Gov. Gavin Newsom https://t.co/7yEzP9yFSn
California released disclosed fighter purses for #Bellator300 💰 Full card payouts: https://t.co/X86NfnJ1Jj https://t.co/n4Iw8SW9ZV