The World Series of Fighting has announced that it has signed a letter of intent to acquire the New York City-based MMA World Expo. The organization said that it plans to stage a series of bouts at the Javits Center in Manhattan this December.
Via WSOF press release:
“This is a very exciting and momentous time for our great sport, so we could not be more thrilled to take significant steps towards becoming owners of the MMA World Expo, which has been consistently delivering an incredible fan experience for the last six years and which will make for a great home for live World Series of Fighting action at a landmark location in Manhattan,” said World Series of Fighting CEO Carlos Silva.
In anticipation of New York legalizing professional mixed martial arts in the state, WSOF opened a satellite office in midtown Manhattan late last year.
Payout Perspective:
The acquisition makes sense considering that MMA in New York is now legal. It could have been something that the company had been eyeing for a while. The Expo is an event that WSOF could build around as one of the organization’s “big” events of the year. We will see how the execution plays out.
Good for WSOF, really would like to see WSOF do better than it has. I think what it needs is a new network though, ESPN or even Showtime like Strikeforce used to have.