Former UFC welterweight champion Tyron Woodley is set to fight Leon Edwards at UFC Fight Night 171 in March. This will be his first fight in over a year. The fight will take place at the O2 Arena in London, United Kingdom.
He lost his title last year in March to Kamaru Usman at UFC 235. His title run lasted from July 2016 to March 2019. While he was a champion he lived a lavish lifestyle.
In an interview with Ariel Helwani of ESPN, he said that he blew away his money living a sumptuous lifestyle.
“I blew through a lot of f*cking money, man. A lot. A lot of money. Jewellery and VIP and all these experiences, all these things that came with the championship life. You really, when you come from where I come from, you never imagine making that type of money. You never imagine being in that type of position and You work hard for it, and I didn’t get there by accident, but nobody taught me finance,” Woodley said.
“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. That’s basically, you made money and, f*cking, you spend it. Because when I was growing up, we spent it when it came in. My mom’s check was already cut up, it was done before she even got it. She had to pick which utility bills was not gonna be on that, that month. And it was something that I didn’t recognize, as a kid, that it wasn’t normal. I thought everybody had to do that,” Woodley continued.
“So, when you started making money? 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, And I was going to VIP clubs and all this sh*t, like, every other week. And I just imagined making that amount of money for a very long time, And they very quickly said, ‘Poof!’ Damn! I’m on it like, ‘You gonna tell me, March 3rd, that this is different? It’s not the same?’ And it’s just a lesson learned,” Woodley concluded. (H/T – Bloody Elbow)
It’s not uncommon for combat sports athlete to blow through their earnings. Tyron Woodley has now learned his lesson and hopefully, other MMA fighters will take notice of this and invest their money well.