Asian organization Legend FC folds

November 14, 2013

Bloody Elbow reports that Asian MMA organization, Legend FC has ceased operations.  Despite the rise of MMA in Asia, the organization will disband and dispense with its assets by the end of the month.

Via Bloody Elbow:

Legend FC did have their share of controversies while they ran for about 3 and a half years, but they also did a lot of right things that others can emulate. Apart from developing talent in the Asia-Pacific region, they were one of the few promotions in the region who constantly had a very high production quality. With this, they were able to secure quality broadcast deals with ESPN, AXN, and several other outlets that had them televised in China and all over Asia.

There is no official reason for the organization’s demise.  The article indicates its main investor has decided to cease operations.  Its fighters will transfer to other organizations.

Payout Perspective:
OneFC has been making much noise in Asia since it came into existence.  Its core sponsorships and network deal in Asia has made it a prime player in the region. On the other end of the spectrum, the UFC is making its way into the region with an emphasis on market penetration into China. It held an event last year in Macau and now has announced its roster for The Ultimate Fighter China.  Although the end of Legend FC is disappointing for its fans and fighters, the overall outlook for Asia looks to be on the upswing.