Conor McGregor, the former mixed martial champion, has been given bonus shares in a new mixed martial arts business that could be worth as much as $14 million , new filings show. Photograph: Stuart C Wilson/Getty ImagesConor McGregor, the former mixed martial champion, has been given bonus shares in a new mixed martial arts business that could be worth as much as $14 million , new filings show.
In return for serving in that role, McGregor has struck a deal in which he will get a potential 700,000 performance share awards in the company, which will be tied to his ability to boost the company’s share price. He will get another tranche of 100,000 shares when the price reaches $7.50; then a further 150,000 more when it reaches $10; 150,000 more when it reaches $15; and the final tranche of 150,000 when it reaches $20.
McGregor’s interest in the company comes through his coach, John Kavanagh, who is one of the founders of the company and a shareholder.