Tyron Woodley lived the good life during an almost three-year run as the UFC’s welterweight champion that saw him earning $500,000 per fight – win or lose in addition to a cut of the pay-per-view revenue.
That saw Woodley’s disclosed career earnings soaring up into the $4 million range, an unthinkable amount for someone who grew up in poverty, but the star has admitted that he “blew through” that money as fast as he was making it.
“I bought, like, seven cars and, f*cking, two houses—and all these trips. And nobody ever lifted a f*cking hand when we was at a restaurant; 10-15 people went to dinner,” Woodley told ESPN. “And I was going to VIP clubs and all this sh*t, like, every other week.”
Woodley said he hadn’t been taught about how to look after his finances and literally paid the price for it.
“Everybody taught me 1+1 is 2. That’s math. That ain’t finance. That ain’t wealth, that ain’t investing, that ain’t saving, that ain’t tax.”
However, after losing his belt last year and now having been out of action for a year, T-Wood admits that he’s had to learn his lesson the hard way.