In a lawsuit that may change the structure of the UFC and the MMA business as a whole, fighters have sued Zuffa for alleged violations of section 2 of the Sherman Antitrust Act. The fighters intend to seek class action status as 5 law firms have joined together to represent the plaintiffs. The UFC recently retained […]
14 for 14
14 for 14: No. 2 UFC-Reebok announce uniform deal
There was much speculation as to when the UFC would broker a uniform deal. The long-awaited deal will begin during International Fight Week in July 2015 according to the joint announcement on December 2nd. Details of the deal are outlined here. The deal is estimated at 6 years for $70 million and offers a unique […]
14 for 14: No. 3 (tie) Bellator 131 scores ratings, Bellator hits PPV
A pair of Bellator events make it to the top 3. First, Bellator 131 has its best ratings. Bellator 131 on SpikeTV November 15, 2014 was the biggest event in Bellator history to date. As we know, Bellator 131 took place in San Diego, California with Tito Ortiz taking on Stephan Bonnar in the main […]
14 for 14: No. 4 Zuffa downgraded by Standard and Poor’s
This fall Standard & Poor’s downgraded Zuffa’s credit rating and then its business outlook over a month later. The downgrade in credit rating from “BB” to “BB–” was due to “greater EBITDA volatility.” S&P issues credit ratings for the debt of public and private companies and is one of several credit agencies that is designated […]
14 for 14: No. 5 CM Punk signs with the UFC
It’s rare that a hyped-up announcement lives up to expectations. But, the signing of Phil Brooks (aka CM Punk) did when he came on during the UFC 181 PPV to announce his intent to fight in the UFC. Punk’s announcement left many UFC fans wondering about the direction of the UFC. Some like the signing […]