John daymond offers financial advice to new UFC star Kris Moutinho … after the crazy tough fighter admitted to TMZ Sports he has no idea what to do with his $ 75,000 bonus check.
Shark Tank star and business mogul has joined “TMZ Live” for his weekly “Follow The Money” segment … and explained exactly how Moutinho should allocate the money.
Paying your manager, starting a business, canceling expenses, and opening an account to save money are just some of the tips John recommended Kris follow.
Remember, “Suga” Sean O’Malley sprinkled Kris with 230 major strikes during their UFC 264 clash … but WOULD NOT EXIT. Moutinho eventually lost, but Dana White gave him the $ 75,000 bonus from the fight of the night … money KM admitted he had no idea to deal with.
And, get this, Daymond – who is an extremely busy guy – actually offered to work with Kris one-on-one … and help Moutinho put his finances together.
“This young man is going to get a lot of checks. He’s my new favorite, and if he wants to call me, I’m going to help him put that money in the right place, stay protected and make that money grow,” Daymond said. said.
“And, I have a lot of good friends who would like to help him financially and show him what to do, because he was smart enough to know he didn’t know what to do with that kind of money, and a lot of us need to act like that when we get money. “