No, Craig is making a point. Otherwise no reason to go head to head with ADCC.
I have nothing to back this up, but I think this is actually more of a jab at FloGrappling than ADCC etc. probably still has something to do with payout money, but if you follow him over the last few years, he clearly has an issue with FloGrappling.
Rich people don’t become rich by losing a ton of money over and over.
And relying on Arabs and hoping they don’t lose interest in their latest hobby is an even dumber bet.
What happens to the guys that bolt on ADCC this year and next year there is no CJI? They gotta crawl back to ADCC?
Sports with more participants than spectators (grappling and BJJ) will not generate t enough revenue to be “professional”. Grappling is filled with the male version of the WNBA, “Why don’t we make as much money as other pro sports?”
Economics 101, ladies
he has a rich friend who probably is quite intelligent and Craig has stated that he is in this for the long haul, its def not a one off. There is no expectation of profit and will be run as a not for profit so my guess is this is a tax write down for a very rich individual who could use it