16 for 16: No. 10 WSOF legal woes continues
December 23, 2016
The World Series of Fighting will cap off its year with a show on New Year’s Eve in New York. However, there might be cause for concern for the organization as legal problems persist.
3 new lawsuits were filed in Nevada this year which call into question the financial stability of the company. The lawsuits reveal the fact that the company has internal issues with the people that run it and the people that fund it. Based on the information gathered from the lawsuits, the people investing and claiming ownership (even a small %) are not the most professional people you may know. You may recall a lawsuit in 2015 saw issues with loans and an assignment of rights for use internationally. The new lawsuits see similar problems with loans to keep the organization afloat.
In addition to the legal troubles, WSOF cancelled two events in order to bolster its New Year’s Eve show in New York. WSOF opened an office in New York last year and supported the push to legalize professional MMA in the state so it makes sense that they want a show in the state by year’s end. But a New Year’s Eve show conflicts with the College Bowl Playoffs on television.
Notwithstanding what may happen on its New Year’s show, the ratings for WSOF on NBC Sports Network are slightly behind 2015’s average of 189,000 viewers.
Will WSOF survive its legal and financial woes in 2017 and continue through the year into 2018?