One of my passions in life is technology. I'm obsessed with gizmos and gadgets and am all but in love with my iPhone.
A friend who knows about my obsession had a computer he wanted to sell on eBay and asked me what I felt it was worth. He went to a Web site that showed an estimated street value, one I felt was considerably too high.
He argued that his asking price was justified because this web site was made up of experts and they agreed with him.
True, I said, but something is only worth what someone else will pay for it. And when we went to eBay and looked at completed listings for a computer with specs similar to his, he was shocked. People were only paying about half of what he thought he could get.
And that same analogy is true when it comes to fighter compensation. There is a lot of debate in the mixed martial arts media over what the UFC pays its fighters. It's easy to take the stance that the fighters deserve more pay.
Of course they do. Getting punched in the face or kicked inRead More »from More money than meets the eye in the UFC