Bad news for Jake Paul came from his team earlier today. Namely, Hasim Rahman Jr. who was supposed to fight Paul the following weekend refused to cut weight to the agreed 200 pounds and later refused an offer to make the limit at 205 pounds.
The American heavyweight demanded that the limit be set at 215 pounds, and Paul and his team refused that request because Rahman has been insisting over the last month that he will cut the weight as agreed in the contract.
Considering that there is only one week left until the planned event, Paul does not have enough time to find an adequate opponent and the event in Madison Square Garden is completely canceled. That news also reached Dana White today, who is often publicly called out by Jake Paul for underpaying UFC fighters, and there is a certain animosity between them.
Despite all the disagreements, White did not want to enjoy the misfortunes of YouTubers and boxers, because he is aware that Paul still invested a lot of effort in the preparation and organization of the entire event, and this is how he was left without performances and money.
White nevertheless decided to encourage Nakisa Bidarian, one of Jake's advisors and an important member of his team. Bidarian once held the role of a chief financial officer in the UFC, but he and the UFC did not part on the best of terms, and there are often public calls in that regard.
"it costs $500,000 to turn the lights on at MSG"
“Just because you were an accountant here doesn’t mean you know what the f**k goes on here and doesn’t mean you can run a fight promotion company.
I think Jake Paul needs to get some different people around him. If he’s going to stay in the sport, he needs to be with guys that actually really know how to put on fights”. White said at the press conference. When it comes to the reason for the cancellation of the fight between Rahman and Jake Paul, White is also not the surest that this is the real reason.
What raises doubts about White is the cost of organizing the event at Madison Square Garden, and the UFC president believes that Paul and his team recognized that they might not make a profit, given the huge costs of MSG.
“I think they sold under $1 million in tickets and it costs $500,000 to turn the f*cking lights on at MSG,” Dana White said. “That’s what I think. Not to mention hotel rooms in New York and transportation is very expensive”. White said in his post-fight press conference.