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Jose Aldo ‘is losing a lot’ of money with UFC’s Reebok deal

RIO DE JANEIRO -- Jose Aldo will be making $40,000 per fight with UFC’s new deal with Reebok, but he’s not happy about it.

"Scarface" recently called the UFC-Reebok deal "sh-t", and his manager Andre Pederneiras revealed that the UFC featherweight champion, who puts his title on the line July 11 against Conor McGregor, is losing a lot of money.

"Some fighters really lost a lot (of money). Aldo is losing a lot. Others aren’t, some will make money," Pederneiras said during a press conference Tuesday at Nova Uniao. "It was not good for me.