During the “Go Big” press conference in September 2015, Conor McGregor first introduced the “red panty night” concept. In essence, he claims that any fighter who agrees to take a fight against him would be guaranteed the biggest paycheck of their lives.
Nate Diaz did earn a disclosed $500,000 at UFC 196, and $2 million at UFC 202, marking the biggest payouts of his nine-year UFC career. But according to Donald Cerrone, fighting McGregor does not necessarily equate to big money.
During his recent appearance on the Opie With Jim podcast, “Cowboy” went on to explain the process of fighter pay, and how it goes in the UFC.