As predicted (and as in past years), the MMA bill has again stalled in the New York State Assembly after passing the New York Senate and overwhelmingly passing the two committees where it was debated in the Assembly–Tourism, Parks, Arts and Sports Development and Codes. Unfortunately, the next committee in the process, Ways & Means, […]
Archives for June 2011
Stratus Media Group Secures 95% Ownership of ProElite
Stratus Media Group, which is a live entertainment company, announced today that it has finalized its acquisition of ProElite, assuming a ninety-five percent stake in the MMA promotion. “This acquisition provides the resources and abilities ProElite needs in order to focus on strengthening and repositioning its world class MMA fighting platform in addition to the […]
Vegas tries to remain fight capitol during tough economic times
The Sports Business Journal (subscription required) reports on how Las Vegas has tried to remain the center of the fight game despite a down economy. Vegas has experienced the economic downturn more than any other city and as an example, the big fights in Vegas are no longer guaranteed cash cows. The article points to lower […]
UFC 134 in Brazil sells out in 74 minutes
MMA Junkie reports that UFC 134 in Brazil sold out in 74 minutes. The August 27th event is headlined by local star Anderson Silva facing Yushin Okami. Via Bloody Elbow: Dana (White) stated earlier in the week at the UFC 134 press conference that 16,752 tickets would be available for the event, with prices ranging from R275 […]
Strikeforce imposes sponsor fee
Prior to Saturday night’s Strikeforce event, it was announced that fighters’ sponsors would have to pay a sponsorship “fee”. Similar to the UFC fee imposed on its fighters’ sponsors, Strikeforce sponsors would have to pay a fee effective immediately. The Underground reported the fee and stated that unconfirmed reports had the fee at $35,000. The fee, […]