In an interview with the Canadian Press, Lorenzo Fertitta confirms that he, his brother Frank, and Dana White have sold a 10% stake in Zuffa to Flash Entertainment, a subsidiary of the Abu Dhabi government. LAS VEGAS — An Abu Dhabi-owned entertainment promotion company has bought a 10 per cent stake in the Ultimate Fighting […]
Archives for January 2010
MMAterial Facts (01/11/10)
MMAterial Facts is a new feature on MMAPayout.com that wraps up the days news in the business of MMA. Investment Arm of Abu Dhabi Government Buys 10% of UFC WEC 46 salaries: Urijah Faber, Mike Brown top earners from $272K payroll “WEC 46: Varner vs. Henderson” draws reported 10,027 attendees for $550K gate Meet Dana […]
Faber-Aldo Big Business for WEC
Damon Martin of MMAWeekly reports on some of the planning that may take place regarding a Faber-Aldo headline for the WEC’s first PPV card. “I would think that as we move towards that, that would be a great pay-per-view,” Harris said when talking about Aldo vs. Faber. “I think the fans would pay to see […]
Xyience Bankruptcy Update
John Edwards of the Last Vegas Review-Journal gives an update on the financial health of Fertitta-owned and well-known UFC energy drink partner Xyience. In a lawsuit filed in bankruptcy court Tuesday, Xyience liquidating trustee David Herzog of Chicago accuses Fertitta Enterprises, whose family members own the Ultimate Fighting Championship and have a minority ownership in […]
Pacquiao-Clottey Signed for Cowboys Stadium
Dan Rafael of ESPN reports that Manny Pacquiao has signed to face Joshua Clottey in the place of Floyd Mayweather Jr. in a bout that will now take place at Jerry Jones’ Cowboys Stadium. Jones and Top Rank’s Bob Arum and Todd duBoef, who toured the facility and were Jones’ guests at Saturday night’s Cowboys […]