FAT CASH? FAT CHANCE! Cerrone says he pays out 70% of earnings

One might look at Donald “Cowboy” Cerrone with envy. The popular UFC lightweight star takes on all-comers, even on a few days notice.

It’s a trait unmatched by modern MMA fighters. And, while you would think the financial rewards are lucrative, so are Donald’s debt collectors.

He explains:

What's that. O just transferred money to the IRS. And now I'm to my stomach! pic.twitter.com/V1R1P4Ofcp

— Cowboy Cerrone (@Cowboycerrone) February 2, 2015

“@ZorakIverson: Cowboy isn't tax on prize money something like 50%?” I'm in the 40% to tax bracket then 15% to management and 15% coaches

— Cowboy Cerrone (@Cowboycerrone) February 3, 2015